FREEDMAN'S QUESTIONS

As we start the countdown to tomorrow's all-star State of the Market Breakfast—with W&M prez Tony Malkin, CBRE Tri-State chairman Bob Alexander, JLL NY prez Peter Riguardi, Orrick oracle Marc Shapiro, REBYN prez Steven Spinola, and First Service Williams chairman Bob Freedman—we thought we'd whet your appetite. We asked Bob what questions have been left unanswered about today's market.
Is this a trend or an aberration, he asks, pointing to the leases in the second half of the second quarter, versus virtually none in the first half. How will the fallout from $3.5 trillion of securitization impact the office leasing market? When can we anticipate rent levels of late '07 to be restored in the next cycle? Have we bottomed out? Is the jobless recovery prediction just a myth? You'll just have to come tomorrow morning to our Breakfast & Schmooze at the NY Bar Association to find out. Register here!
Yesterday’s “Guess the Location” was trickier than we thought. We were flooded with replies, but only four people named both the building and landlord! Quickest of them all—Newmark Knight Frank's Brandl Frey (second from left), who correctly identified One Grand Central Place and owner W&H Properties for a free ticket to Thursday's Bisnow event. Popular answers included Monday Properties' 230 Park and SL Green's Daily News building—close, but no cigar. We snapped this photo of her yesterday with Gallin Glick’s Michael Glick, CB Richard Ellis' Rayna Karaivanov, and SL Green's Melissa Libner at the Young Men's/Women's Real Estate Association/SIOR luncheon (story below).

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