Chris Schlank, the founder of private equity firm Savanna — best known for its New York City office investments — sits down to talk with Bisnow about the uncertain terrain facing owners of urban office buildings.
Alison Novak runs Sidewalk Labs Urban Development, a commercial development advisory business that is part of Sidewalk Labs, a subsidiary of Google’s parent company, Alphabet. She sits down with Bisnow this week to talk about the way her company is working with developers across the country to create more sustainable and equitable projects.
Nadir Settles, the managing director and New York regional head at Nuveen, sits down with Bisnow at his company's office at 730 Third Ave. to talk through the kinds of properties the investment manager is interested in buying, having just closed a $260M fund with Taconic Partners focused on buying in New York City.
On this episode, Avison Young CEO Mark Rose sits down with Bisnow to discuss the diversity at the top levels of the commercial real estate industry.
On the podcast, Rose — long a vocal champion of inclusion — talks about changing behaviors, attitudes and hiring practices at the commercial real estate services firm. While Avison Young is pushing for greater diversity in its ranks at all levels, Rose said are the best way to push for greater diversity in the traditionally White male-dominated field, rather than hiring quotas, which he said put the focus in the wrong place for building an inclusive company.
"I think quotas are the path to failure," he said. "The fear is that if you don't build and train, educate and then develop your new talent to understand a sustainable path to a diverse collection of opinions — which we define as the proper way to build a company — you're never going to get there. And it's not numbers. It's your culture and your belief system."
In this episode, Small Change CEO Eve Picker sits down with Bisnow to speak about the real estate crowdfunding platform she founded and changing perceptions about who should be developing and investing in real estate.
Small Change pairs investors with developers who are creating projects that are doing something to improve cities or the world; it has developed its own “change index” to measure the impact of the proposals.
“I noticed this happening in the last 18 months, the pandemic has been a horrible thing, but it’s had some upsides to it, and the Black Lives Matter campaign had a pretty major impact on developers who are working in neighborhoods that have had to stop and think for a moment, ‘OK, what am I doing here and how am I going to include the community?'" Picker said on the podcast.
“In cities like New York, government agencies are insisting on better engagement … I think that as crowdfunding becomes older, those larger developers are hearing about it, and it’s going to move from being a crazy pioneering to being a serious way to raise money."