YESTERDAY WITH GNYCUC/BTEA & NRC

We joined an SRO crowd of real estate execs at the AIA Center for Architecture yesterday morning for a "Constructing The Economic Recovery" conference discussing the Recovery Act's impacton construction. The Greater New York Construction User Council and the Building Trades Employers' Association welcomed panelists with a knack for symbolism: they said the AIA Center's basement was the perfect place because the only way to go now is up.
NYC Deputy Mayor for Economic Development Bob Lieber (with conference chair Kenneth Block of Tannenbaum Helpern) keynoted, pointing out the city's efforts to retain jobs, help the unemployed find work, keep small businesses, and make long-term investment in infrastructure. These measures, he says, will leave NYC cleaner and safer, thus positioning it to come out of the downturn even stronger than recessions past. (We're thrilled that the 1970s' adversity will remain buried with sequined disco pants.)
FMI Corp.'s Hank Harris, Halcrow's Michael Della Rocca, Jonathan Rose Co.'s Jonathan Rose, and Port Authority's David Tweedy spoke about rebuilding the nation's infrastructure, from highways to housing. They say New York needs to focus on creating jobs and fixing its transportation structure, while also paying attention to green urban housing. David reports that the PANYNJ has been hit by the recession, but is still in relatively good shape and will receive indirect benefits from stimulus given to the MTA and state projects like Route 9A.
Building Trades Employers' Association's Louis Coletti, Stroock's Ross Moskowitz, Levien & Co.'s Kenneth Levien, Tishman Construction's John Livingston, and The World-Wide Group's David Lowenfeld spoke on public-private partnerships. PPPs are underutilized, they say, and can be a great resource, especially in upcoming healthcare, government, educational, and cultural construction. However, it can be opaque and partners need to bring more clarity to the process. The conference also included sessions on green retrofitting and renewable energy.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

RXR Marketing Executive Lauren Maturo Dies At 32

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Meet Bisnow's 2026 New York Power Women Honorees

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

$60B Fintech Ramp Inks Huge Expansion In Flatiron: The N.Y. Deal Sheet

As The Future Of The Office Continues To Evolve, WeWork Is Bringing Clients A Tailored Workplace Solution

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown