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How does Fisher Brothers partner Winston Fisher think high unemployment will affect landlords and demand for space? He enlightened us on that topic and others that panelists may discuss atBisnow’sState of the Market Update” event tomorrow at Cooper Union Great Hall.
Fisher Brothers partner Winston Fisher
When we snapped this yesterday, Winston said he'd read that even if job creation numbers run on par with ’02-’07 levels, it will still take six years to get back to a 6% unemployment rate. Another question: How will the value deterioration of the banks’ existing commercial real estate loan portfolios affect markets? He points out we’ve yet to see the distress and RTC foreclosures. Don’t miss the chance for more from Winston, CB Richard Ellis’ Mitch Rudin, Cushman & Wakefield’s Bruce Mosler, Goldman Sachs’ Andy Jonas, Fried Frank’s Jonathan Mechanic, and keynote Michael Fascitelli of Vornado. SIGN UP NOW!