Yesterday's Powerful Women!

We also stopped by AREW' s sold-out annual “Powerful Women In Real Estate” lunch at Club 101, where we kept hearing about opportunities available despite the past year's tumultuous market. Rhodes Associates' Jane Lyons (second from left) and Caran Properties' Rebecca Mason (fourth from left) join the speakers: Capital One's Carmen Bowser, Standard & Poor's Kim Diamond, Dune Capital's Cia Buckley, Abyssinian Development Corp.'s Sheena Wright, Mall Properties' Andrea Olshan, and the New York Observer's Dana Rubenstein.
An industry shut down gave ratings companies bandwidth needed to deal with image issues and regulators, Kim says. Cia notes that market panic has subsided, and she sees deal flow picking up dramatically. Harlem, which suffered vacancy and abandonment after the market crashed, has distress prospects and room for growth, Sheena adds. And fundamentals matter again, Andrea says; you don't have to kick out tenants to make money.
AREW Charitable Fund also collected bagfuls of work-appropriate clothes for Bottomless Closet, a non-profit providing business attire, interview skill training, and ongoing career support for economically-disadvantaged women. They'll also be continually collecting $1 donations for new pantyhose (donate here). Pictured: Sun & Moon Marketing's Madelyne Kirch, KTR Real Estate Advisors' Theresa Nygard, Horizon Land Services' Stephanie Butler, CUH2A's Mary Williamson, and HJ Kalikow's Dorothy Vermeer.

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

Where Capital Meets Opportunity: Navigating The Next Wave Of CRE Financing At Bisnow’s Event On Sept. 30

Discussing Strategic Capital Stack Structuring At Bisnow's Sept. 30 National Finance Event

Loudoun County Moves To Pause Data Center Applications For 12 Months

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

Bally's Lines Up $560M Loan For Bronx Casino: The N.Y. Deal Sheet

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Taconic Partners Sheds Another NYC Life Sciences Property

Northern Virginia Office Tower Sells For Double Its 2024 Price

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review