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32 Old Slip

32 Old Slip

32 Old Slip boasts 350,000 RSF of next-generation office space with spectacular 360-degree views, access to 11 trains and ferries to Brooklyn and New Jersey. The building features highly efficient floor plates with 13’6 ceiling heights, modern amenities including tenant programming, recently upgraded passenger elevators, and state-of-the-art infrastructure. 32 Old Slip neighbors 500+ bars and restaurants, 1,170 retailers, and 84+ acres of outdoor space. Availabilities range from 2,500-23,000 RSF.

Speakers and Panels

OZ Overview: Everything You Need to Know

Margaret Anadu

Margaret Anadu

Senior Partner

The Vistria Group

Steven Adler

Steven Adler

Managing Director

Meridian Capital

Pravina Raghavan

Pravina Raghavan

EVP

Empire State Development

Craig Bernstein

Craig Bernstein

Managing Partner

OPZ Bernstein

Ronald Kaplan

Ronald Kaplan

Partner

CohnReznick

Sanjay Mody
Moderator

Sanjay Mody

Partner

Windels Marx Lane & Mittendorf

Margaret Anadu

Senior Partner

The Vistria Group

Margaret Anadu is a Senior Partner at The Vistria Group where she co-founded and leads Real Estate including one of the largest and fastest-growing affordable housing funds in the United States.

Margaret has devoted her career to investing which not only generates strong economic returns, but importantly has a demonstrable positive impact on underserved individuals, families, and communities. Margaret is widely recognized as one of the foremost experts on equitable access to capital having invested over $10 billion across hundreds of transactions throughout the United States and was named one of the most influential figures in U.S. commercial real estate by Commercial Observer and to 40 Under 40 lists by Fortune, Black Enterprise and Crain’s.

Prior to joining Vistria, Margaret was a Partner at Goldman Sachs where she was the Global Head of Sustainability and Impact for Asset Management and head of the Urban Investment Group (GSUIG), the first impact investing platform at a major U.S. financial institution and Goldman Sachs’ primary impact investing business. Under her leadership, GSUIG invested over $2 billion annually in affordable/workforce housing, community facilities, educational space, industrial facilities, green infrastructure, student loans, and small businesses.

In 2022, Margaret was appointed chair of the board of directors of the New York City Economic Development Corporation. She also serves on the boards of the Mellon Foundation, NewYork-Presbyterian, the Urban Institute, and the Center for an Urban Future.

Pravina Raghavan

EVP

Empire State Development

Pravina, Executive Vice President, Division of Small Business and Technology Development for Empire State Development, has 20+ years of experience in providing advisory services to businesses in the start-up, growth, expansion and maturity phases of development. Prior to joining ESD, Pravina was the Senior Advisor to the Deputy Secretary of the U.S. Department of Commerce, Deputy Associate Administrator of Investment and Innovation at the U.S. Small Business Administration and District Director for SBA’s New York District Office.

Before joining the federal government, Pravina was a Vice President with MTV and BET Networks, owner of a strategic advisory firm and Business Development Director for Misys PLC, one of the world’s largest banking software companies. She also has been an associate at Broadview International, a London investment bank, and worked at AT&T in several roles, including M&A Director for Europe. Pravina has an MBA in Finance from Seton Hall University and a B.S. in Finance from Pennsylvania State University

Craig Bernstein

Managing Partner

OPZ Bernstein

Craig Bernstein is a Managing Partner of OPZ Bernstein, a subsidiary of The Bernstein Companies, a Washington, DC based real estate investment management firm. Mr. Bernstein has more than 20 years of experience in real estate, including acquisitions, dispositions, construction, development, financing, asset management, property management and leasing. Mr. Bernstein is responsible for establishing OPZ Bernstein’s strategic initiatives and overseeing the Fund’s investor relations.

As one of the nation’s leading Opportunity Zone experts, Mr. Bernstein has contributed to stories for The New York Times, Associated Press, Washington Post and CNBC. Mr. Bernstein is a frequent speaker at Opportunity Zone events including the Global Institutional Real Estate Forum, Washington, DC Building Industry Association, Washington, DC Economic Partnership, Bisnow, The ASD Summit and The New York Riverside Experience.

Prior to founding OPZ Bernstein, Mr. Bernstein was the Chief Investment Officer of White Star Investments, a prominent single family investment office in Bethesda, MD. During his 10 year career at White Star Investments, Mr. Bernstein oversaw a diversified portfolio of privately held real estate, private equity, alternative investments, and marketable securities. Mr. Bernstein focused extensively on allocating capital to external managers, and leading the firm’s manager selection and due diligence processes. Prior to joining White Star Investments, Mr. Bernstein was a Director at Cushman and Wakefield. One of the youngest Directors in the firm’s history, Mr. Bernstein’s clients included TIAA-CREF, TA Associates, Lerner Enterprises and the B.F. Saul Companies.

Named as a member to the Inaugural Bisnow “Top 35 under 35” list, Mr. Bernstein has also served on the Board of the Greater Washington Commercial Association of Realtors (GWCAR) and the Board of Hillel at the University of Maryland. Mr. Bernstein resides in Potomac, MD.

Ronald Kaplan

Partner

CohnReznick

Ronald A. Kaplan, CPA, is a partner with CohnReznick and is the Firm’s Commercial Real Estate Industry

Leader. Ron has more than 20 years of experience providing assurance, due diligence, business advisory, and

tax services to clients in the commercial, residential, retail, and hospitality sectors throughout the United States

and internationally. Ron regularly provides assistance and advisory services to clients as they negotiate

agreements with lenders, equity partners, and fund managers. In addition, he advises clients on accounting

and tax matters throughout the agreement process, from initial drafting through completion.

Ron’s clients are generally private companies with multi-state operations and include real estate opportunity

funds, property management firms, partnerships, contractors, institutional lenders, REITs and joint ventures, as

well as other corporate and family owners and investors. Ron has a particular focus on real estate opportunity

funds, with clients ranging from start-ups to established funds. His clients benefit from his experience in critical

areas, such as fair value reporting, compliance monitoring, investor relations, and fund performance.

Prior to joining CohnReznick, Ron was in charge of the real estate practice for the New York office of a large

national public accounting firm. In this role, he oversaw the practice’s client services, account management,

and team development functions. He was also active in the firm’s training activities, leading presentations on

the real estate business for professionals both within the firm and at national industry conferences.

Sanjay Mody

Moderator

Windels Marx Lane & Mittendorf

Sanjay Mody's is Special Counsel with the law firm of Windels Marx Lane & Mittendorf, LLP. His practice spans the areas of infrastructure, real estate, government and finance. He advises public and private sector clients on a range of matters, focusing on complex transactions with a governmental dimension. Before joining Windels Marx, Mr. Mody was counsel in the Regulatory and Government Affairs practice group at a global law firm. He also served in a prior role as Senior Advisor to the Chairman of the Port Authority of New York & New Jersey, where he advised the Chairman on policy, legal, and financial issues relating to the agency's infrastructure and economic development projects, including the rebuilding of the World Trade Center site, airport terminal redevelopment, and a new cross-Hudson rail tunnel, among other significant real estate transactions. Sanjay is a Board Member of the Brooklyn Bridge Park Conservancy, a member of the New York Committee of the Regional Plan Association, and a David S. Rockefeller Fellow of The Partnership for New York City.

OZone Strategy: Investments, Acquisitions, and Expectations

Bryan Woo

Bryan Woo

EVP

Youngwoo & Associates

Joseph Douek

Joseph Douek

President, Viceroy Equities

Commissioner, NYC Planning

Margaret Grossman

Margaret Grossman

General Counsel & VP of Transactions

Sugar Hill Capital Partners

Andrew Berry

Andrew Berry

Senior Director

Cushman & Wakefield

Andrew Barrocas

Andrew Barrocas

CEO

MNS

Adam Sanders
Moderator

Adam Sanders

Member

Rosenberg & Estis, P.C.

Bryan Woo

EVP

Youngwoo & Associates

Bryan Woo is an Executive Vice President at Youngwoo & Associates (YWA) a real estate development company based in New York and leads the company's acquisition strategy. The company has developed more than 8 million square feet of property in niche markets and property types. Previously, Bryan lived in Seoul and worked in the Principal Investment Division at Mirae Asset Securities. Earlier in his career he was an analyst in the securities team at Northstar Realty Finance Corporation (NRFC). Bryan received his B.A. in Economics and Psychology from Amherst College.

Margaret Grossman

General Counsel & VP of Transactions

Sugar Hill Capital Partners

Margaret Grossman is general counsel of Sugar Hill Capital Partners where she also serves as vice president on the transactions team. Ms. Grossman handles the legal aspects of Sugar Hill’s acquisitions, dispositions, and financings as well as fund level legal and compliance work.

Andrew Berry

Senior Director

Cushman & Wakefield

Andrew Berry is a Senior Director in the Capital Markets Group of Cushman & Wakefield, where he specializes in Investment Sales in New York City. Previously, he

was an Associate at Massey Knakal Realty Services, which was acquired by Cushman

& Wakefield on December 31, 2014.

Since joining Cushman, Andrew has handled the sale of over $850 million worth

of commercial real estate in New York City. Notable transactions include the $282

million sale of the fee position of 760 Madison Avenue, the $111.5 million portfolio sale

of four residential conversion buildings on the Upper West Side at 30 Morningside

Heights, and a long-term master lease for the retail at the base of the Carlyle Hotel.

Andrew and his team also sold the first ever opportunity zone deal to a QOF in

Manhattan when they completed the sale of 48 Clinton Street in December of 2018.

Andrew has sold a mixture of multifamily, mixed-use, office, retail and development

deals and has worked on behalf of a variety of different clients, including large

investment funds, non-for-profits and families. Andrew earned his Bachelor of Arts

degree in History from Bates College.

Andrew Barrocas

CEO

MNS

Andrew Barrocas has enjoyed success as a dominant force and respected authority in the New York City

real estate industry for many years. In his accomplished career, he has sold over $10-billion worth of

property, and managed, trained, recruited and collaborated with the city's top agents and brokers. As

CEO and Founder of MNS, Andrew currently oversees more than a billion dollars’ worth of real estate, as

well as an exceptional team of talented agents and project managers focused on providing the utmost

level of client service.

Andrew entered the real estate field after graduating from the WP Carey School of Business at Arizona

State University. He went on to achieve instant success and recognition as one of the "Top 30 Brokers

Under 30", according to The Real Deal. Over the years, Andrew has been a continually sought-after

expert on real estate who has been featured in The New York Times' "The 30-Minute Interview", quoted

in all major New York publications, and spotlighted on The Stoler Report.

Since founding MNS in 2006, Andrew has grown the company substantially in terms of its revenue and its

team, which is now over 125 people. He also serves his industry as a licensed teacher through the State

of New York, passing on his knowledge and array of professional experience of real estate sales to real

estate brokers and salespersons.

Andrew is also an active member of The Real Estate Board of New York (REBNY), The Community

Housing Improvement Program (CHIP), Young Jewish Professionals (YJP) and Young Presidents

Organization (YPO). He and his wife Rachel are the proud parents of three beautiful girls – Cayden, Ella

and Zoe.

Adam Sanders

Moderator

Rosenberg & Estis, P.C.

Adam R. Sanders is a Member with the Rosenberg & Estis, P.C. Transactions Department. His practice focuses on representing clients in a wide variety of commercial real estate and business transactions and entertainment matters, including acquisitions and sales, financing, leasing, construction, portfolio structuring, Local Law 97, Opportunity Zones, 1031 transactions and general corporate and contractual representation in the real estate, entertainment, and other entrepreneurial industries.

Sanders is the firm’s go-to expert for all matters concerning Opportunity Zones. Investors and real estate developers exclusively rely on him for program updates and comprehensive legal analyses, keeping them on the cutting edge of the program even before regulations are released.

Prior to joining Rosenberg & Estis, Sanders was Founder and Principal of Sanders Legal Group, PLLC. Before becoming an attorney, Sanders participated in Agent Training Program at William Morris Agency (Endeavor) and worked at SNL Studios (the feature film division of Saturday Night Live).

Sanders received a bachelor’s degree in economics from the University of Pennsylvania and earned his juris doctor from Georgetown University Law Center.

Market Entry Strategy, Pipeline, and Development

Steve Glickman

Steve Glickman

Co-Founder and CEO

Statt

Seth Pinsky

Seth Pinsky

EVP, Metro Emerging Markets & Public Affairs Director, Fund Manager

RXR

Ian Ross

Ian Ross

Founder & Managing Principal

SomeraRoad

Jake Upton

Jake Upton

Partner

Upton + Partners

Laurie Grasso
Moderator

Laurie Grasso

Global, Co-Chair of Real Estate

Hunton Andrews Kurth

Steve Glickman

Co-Founder and CEO

Statt

Steve is Co-Founder and CEO of Statt, a venture-backed, big data

and AI policy and regulatory intelligence platform based in

Washington, DC and Austin, TX.

Steve was previously the Co-Founder and CEO of the Economic

Innovation Group, a bipartisan economic policy ideas and advocacy

organization, which was the architect for the $100B Opportunity

Zones program.

Earlier in his career, Steve served in the Obama-Biden

Administration, including for the National Security Council and

National Economic Council in the White House. He also held the

role as Chief of Staff for the U.S. and Foreign Commercial Service.

Steve previously practiced law as Majority Counsel to the U.S. House Oversight and

Government Affairs Committee, as well as an Honors Program Attorney in the Justice

Department and Special Assistant U.S. Attorney for the District of Columbia.

Steve received his B.A. and M.A., magna cum laude, from Georgetown University, J.D. from

Columbia Law School, and LL.M., with highest honors, from the London School of Economics

and Political Science.

Seth Pinsky

EVP, Metro Emerging Markets & Public Affairs Director, Fund Manager

RXR

Seth Pinsky serves as Executive Vice President and Investment Manager of the RXR Metropolitan Emerging Market Strategy . In this role, Pinsky is leading RXR’s efforts to invest in “emerging opportunities” in New York City and the surrounding Tri-State region, focusing on asset classes and geographic regions that have historically been characterized by underinvestment, but that have significant growth potential due to planned or in-place infrastructure and other relevant characteristics.

Prior to joining RXR, Pinsky served as Director of Mayor Bloomberg’s Special Initiative for Rebuilding and Resiliency, which developed a $20 billion plan to help neighborhoods stricken by Hurricane Sandy to rebuild smarter and stronger and to protect critical citywide systems and infrastructure from the likely impacts of climate change in coming decades.

Pinsky also served as President of the New York City Economic Development Corporation (NYCEDC), a position to which he was appointed by Mayor Michael Bloomberg in 2008, after joining the agency in 2003 as a vice president. During his tenure, NYCEDC became an international leader in the field of economic development, focusing both on transforming the city’s underlying economy and investing in its critical infrastructure.

While at NYCEDC, Pinsky served as a lead negotiator on behalf of New York City for projects ranging from Yankee Stadium and Citifield, to the World Trade Center, to the acquisition of Hunters Point South in Queens, the largest middle-income housing development in the City since Starrett City.

Among the initiatives advanced by NYCEDC under Pinsky’s leadership were the redevelopment of Willets Point in Queens, Coney Island in Brooklyn, the Homeport in Staten Island, and the Kingsbridge Armory in the Bronx, as well as the creation of a major new bioscience research park on City-owned land, north of Bellevue Hospital. Under Pinsky, NYCEDC also managed the construction of the first two phases of the High Line in Manhattan, launched a new East River Ferry service connecting Brooklyn, Queens and Manhattan and announced and advanced plans for the world’s largest observation wheel in St. George in Staten Island.

In the area of economic modernization, under Pinsky, NYCEDC created the Center for Economic Transformation (CET), which, in addition to launching a network of business incubators across the City that, at the time of Pinsky’s departure, housed more than 600 companies, developed and oversaw the Bloomberg Administration’s international Applied Sciences NYC competition. The Applied Sciences competition will result in a significant expansion of Columbia University’s engineering school, as well as the creation of a new engineering institute in Downtown Brooklyn led by NYU that will include CUNY, Carnegie Mellon University and others. It will also result in the creation of a $2 billion engineering campus on Roosevelt Island, being developed by Cornell University and the Technion-Israel Institute of Technology.

Prior to joining the NYCEDC, Pinsky was an associate at the law firm of Cleary Gottlieb, Steen & Hamilton in the Real Estate practice and a financial analyst at James D. Wolfensohn Inc. He is a graduate of Columbia College, where he majored in Ancient History, and of Harvard Law School, and is an Adjunct Senior Research Scholar at Columbia’s School of International and Public Affairs. Pinsky lives in Brooklyn with his wife, Angela and their children, Theo and Amelia.

Ian Ross

Founder & Managing Principal

SomeraRoad

Ian Ross founded SomeraRoad Inc. in 2014 to take an entrepreneurial and creative approach to value-add, opportunistic real estate in non-core markets. Previously, Ian was a Managing Director at Triangle Capital Group, a firm he helped develop shortly after its inception. At Triangle, Ian managed the Acquisitions and Asset Management units, focusing on the purchase of hard asset real estate, non-performing loans, and securitized mortgage products, as well as the conception and execution of value-add business plans. Ian sourced, underwrote and structured investments, in both the CMBS and CRE arenas, and focused on the development of strategic relationships, firm oversight, and risk management.

Prior to joining Triangle, Ian spent two years working as an analyst for Jefferies & Company in its Investment Banking Division where he focused on raising both debt and equity, as well as providing advisory services for companies in the financial services and real estate sectors. Ian initially began his professional career working on Morgan Stanley’s CMBS origination and securitization platform.

Ian received an MBA from University of Pennsylvania’s Wharton School of Business and graduated with honors from Emory University with a Bachelors in Business Administration. Ian serves on Manhattan’s Community Board 5 and sits on the Public Safety & Quality of Life, and Transportation & Environment committees. Additionally, Ian is the Founder and Chairman of The Asperger’s Awareness Council, a 501(c)(3) nonprofit organization founded in 2009 that strives to raise awareness and funding for high-functioning forms of Autism.

Jake Upton

Partner

Upton + Partners

Mr. Upton founded Upton+Partners in 2009 to pursue unique real estate opportunities. Since inception the firm has developed over $700 million of projects, including the award winning Arlington360 mixed-use project, the expansion of LogMeIn’s world headquarters, the development of Ocean 650, a 230 units residential development, as well as the expansion/renovation of the America’s Wing of the Boston Museum of Fine Arts. Currently the firm has over $300 million of mixed-use projects in its pipeline and approximately $170 million are located in in Opportunity Zones.

Mr. Upton is an accomplished real estate executive with over 25-year years of experience in all facets of real estate development and investment. He has been associated with over $1.8 billion of investment and real estate development across a variety of asset classes, including the development of over 700 multifamily residential units in metropolitan Boston.

Laurie Grasso

Moderator

Hunton Andrews Kurth

Laurie, an accomplished deal maker, is partner and co-chair of the firm’s global real estate practice. She takes a client-focused approach to her real estate practice, often acting as in-house counsel for her clients and becoming a trusted member of their businesses. She has a long list of clients who have been with her since the beginning of her practice and appreciate her ability to adeptly and efficiently handle any type of real estate deal. She is recognized as a leading lawyer in Chambers USA 2021, noting that she is “a strong negotiator” and “she has a great business sense combined with legal knowledge.” Most recently, for the second year in a row, Commercial Observer included her in their elite “Power 100” list, which recognizes the most powerful players in real estate.

Laurie represents real estate private equity funds, companies, institutional REITs, investors and other property owners in structuring and closing real estate transactions such as acquisitions and dispositions, developments, financings, portfolio transactions, preferred equity investments, leasing and real estate joint ventures. Her work touches all asset classes, including office, multifamily, affordable housing, workforce housing, mixed-use, life sciences, hospitality, retail and condominium. She also maintains an active capital markets and fund practice, representing investors in joint venture transactions and sophisticated fund and tax structures. Laurie is also well-versed in the Opportunity Zone program and helps clients through the process of structuring and investing in qualified properties and vehicles.

Laurie is involved in a number of non-profit and charitable organizations focusing on increasing diversity in real estate. She serves on the Advisory Board and spearheads the firm’s legal partnership with Project Destined, an organization dedicated to transforming minority youth into owners in the communities in which they live, work and play. She also serves as co-chair for Rebuilding New York’s “She Builds” program, where she organizes an annual renovation day, rehabilitating a New York City community center in need.

Summary

1) What are the basics to understanding Opportunity Zones?

2) How are investors treating Opportunity Zone Funds compared to other tax abatement alternatives?

3) What is the necessary timing to ensure proper investment?

4) What neighborhoods will come out of this program benefitting most?

5) How are developers adjusting their investment strategies in and around these zones?

Agenda

Time Activity
12:30 PM
1:30 PM
Breakfast & Networking
1:30 PM
2:15 PM
OZ Overview - Everything You Need to Know
2:15 PM
3:00 PM
OZone Strategy: Investments, Acquisitions, and Expectations
3:00 PM
3:45 PM
Market Entry Strategy, Pipeline, and Development
3:45 PM
4:15 PM
Post Event Networking