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

Texas Flips Blue, Putting Data Center Boom On Notice

Hynes Vows To Bring Property Tax Stability As New Cook County Assessor

Donalds Makes History With Win For Florida Governor, Voters OK Property Tax Amendment

Supertall Assemblage Comes Together At Long-Vacant Midtown Site: The N.Y. Deal Sheet

Suburban D.C. County Weighs Microhousing As Affordability Salve

Fannie Mae, Freddie Mac Rewrite Underwriting Standards For NYC's Rent Freeze

Banks Are Manhattan's Latest Hot Retail Tenant

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

What's At Stake For CRE In Tuesday's U.S. Midterm

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet

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