The 4th Annual Massey Knakal CRE Investment Summit was a great success! Over 570 CRE investors, owners and developers participated in the 2013 event.
Thank you to Massey Knakal for hosting such a high caliber event filled with workshops and panels on the acquisition, disposition, financing and development of Commercial Real Estate properties in the Tri-State area.
Check out our recap from the 2013 CRE Investment Summit and see more pictures from Flickr:
Watch highlights from 2013′s summit:
Jeff Sutton, Chief Executive Officer, Wharton Properties
Over the past 20 years, Jeff Sutton has amassed over 120 properties in prime locations throughout New York City. Jeff’s most notable acquisitions include his purchase of 717 Fifth Avenue, 720 Fifth Avenue, 724 Fifth Avenue, 609 Fifth Avenue, the former Valentino at 747 Madison Avenue, the Howard Johnson’s at 1551 Broadway, the TGIF at 1552 Broadway, 599 Broadway in Soho, the development site on 42nd & 8th Avenue , and the newly-built development at 180 Broadway.
One of Jeff’s primary assets is his strong relationship with triple-A national retail chains. His persistence in securing American Girl Place as the retail tenant at 609 Fifth Avenue led to winning The Real Estate Board of New York’s award for “Most Creative Deal of the Year” in 2003. In recent years, he has signed multiple major retail leases throughout Manhattan, including a $300 million lease with American Eagle Outfitters at 1551 Broadway.
- Christopher Albanese, Principal, Albanese Organization
- Michael Alpert, President & CFO, Capital Properties
- Todd Bassen, Senior Director – Acquisitions, Invesco
- Bruce Batkin, Chief Executive Officer, Terra Capital Partners
- Tom Bittner, Principal, Gensler Architects
- Jonathan Butler, Founder, Brownstoner.com & The Brooklyn Flea
- Haim Chera, Chief Financial Officer, Crown Acquisitions
- Jay Curtis, Director of Capital Markets, KIMCO
- Jonathan Davis, Chief Executive Officer, Davis Companies
- Harry Dublinsky, Director, EisnerAmper
- David Firestein, Partner, Shopping Center Group
- Aaron Fleishaker, SVP – Real Estate, Fairway Markets
- Benjamin Fox, Executive Vice President – Retail Leasing, Massey Knakal
- Dennis Friedrich, Chief Executive Officer, Brookfield Properties
- Mark Fry, Vice President – IT & Facilities, BBC Worldwide Americas
- Leslie Himmel, Co-Managing Partner, Himmel + Meringoff
- Andrew Kimball, CEO & President, Brooklyn Navy Yards Development Corporation
- Todd Korren, Executive Managing Director, Massey Knakal
- Robert Knakal, Chairman, Massey Knakal
- Robert Lapidus, President & Chief Investment Officer, L&L Holdings
- Jeffrey Lenobel, Partner, Schulte Roth & Zabel
- Paul Massey, Chief Executive Officer, Massey Knakal
- Mike Maturo, President & CFO, RXR
- Stephen Meringoff, Co-Managing Partner, Himmel + Meringoff
- Sally Michael, Partner, Saul Ewing
- James Nelson, Partner, Massey Knakal
- Adam Neumann, Chief Executive Officer, WeWork
- Wayne Olson, Partner, Margolin Winer & Evens
- Paul Pariser, Co-Chief Executive Officer, Taconic Investment Partners
- Fred Posniak, Senior Vice President, Malkin Properties
- Aaron Prince, Director of Commercial Leasing, Friedland Properties
- Tucker Reed, President, Downtown Brooklyn Partnership
- Nina Roket, Partner, Olshan
- Christopher Schlank, Managing Partner, Savanna
- Robert Selsam, Senior Vice President, Boston Properties
- Jeff Sutton, Chief Executive Officer, Wharton Properties
- Kent Swig, President, Swig Equities
- Garrett Thelander, Executive Managing Director, Massey Knakal
Keynote Discussion: Leslie Himmel & Stephen Meringoff of Himmel + Meringoff Properties
Hear Leslie and Stephen discuss their success in the office market as they cover development to leasing, as well as how they see the market moving into the future. Interviewed by Paul Massey, Chief Executive Officer of Massey Knakal.
Keynote Interview: Jeff Sutton, President & Co-Founder, Wharton Properties
Come hear a candid conversation with retail giant Jeff Sutton as he discusses the future of New York City retail property and the secrets of his success.
The Borrowers Brawl: CRE Assets
Senior executives get together to discuss the inherent conflicts and mutual interests between CRE borrowers and lenders. Given the enormous overhang of CRE debt coming due over the next few years, how will borrowers and lenders cooperate (or not) to get through the hairier deals? Which investment and assets are attractive to the market?
- Which sources are best: CMBS, life company, private equity, bank money?
- How can landlords / tenants best finance tenant improvements?
- How are underperforming assets handled today?
Retail Power Players: Successful Retail Expansion and Innovation
New York City’s most powerful retailers and owners gather to discuss how the retail market is changing and which diamonds in the rough they are uncovering in the market. What neighborhoods are retailers finding lucrative and what retail opportunities are owners looking for?
- How can owners are retailers build retail leases to benefit both parties?
- How are retailers strategizing worthwhile expansion plans?
- Where are major owners looking to purchase?
- How have retail leases grown in length (size?) and complexity?
Back to the Future: The Changing Office Environment
Office design and demand is changing rapidly throughout the city. Tenant mix is changing, and office tenants are incorporating open floor plans, reduced workspace per employee, and higher technological needs, affecting the way offices are designed and maintained.
- Coworking has been on a tear recently: how big is it, how will it affect lease rates, and what can you do to adapt as it takes off?
- How will the new demand for smaller office spaces affect owners, and how can they prepare for the shift?
- What strategies and improvements can owners incorporate to facilitate an “office of the future”?
On the Prowl: How to Navigate the New Office Jungle
Midtown South is seeing more office demand. The Brooklyn Tech Triangle is drawing the Internet and media companies of “Silicon Alley”, and Downtown Manhattan has received a facelift with emerging media and international companies taking over the once banker-exclusive Financial District. Discuss where the office landscape is moving, and the impending effects on Midtown Manhattan.
- What factors are drawing owners and developers to these new areas? Why are so many established companies moving south?
- With low cap rates and high property taxes, where are the worthwhile deals?
- Is the market stable enough to invest in a risky, emerging trend or is it better to play it safe?
The Art of a (Retail) Deal: Creative Methods for Retail Deals
Retail threats including, e-commerce, foreign investors, and high real estate pricing are putting a strain on retailers across New York City. The revenue benefits from retail spaces is diminishing due to these new market threats. However, innovative brands are incorporating new strategies and procedures to solve this challenge in creative ways. From multilevel retail space, emerging retail partnerships, and high-tech management programs, come here how the owners and retailers are structuring deals to overcome a changing market.
- What are the opportunities in expanding versions of retail such as with clothing, gyms and spas?
- What are the benefits and challenges of multilevel retail leasing?
- What are the best practices for structuring innovative and creative retail deals?
Commercial Real Estate Rock Stars
Four major players in Commercial Real Estate across New York gather to discuss this year’s largest deals. Learn how they were financed and how they are faring versus their expectations. How are these deals indicative of trends that affect the rest of us?
- Is the market in a place for acquisition, new development, and sales, or for holding on to current assets?
- With less demand for office space, and less return on retail leases, how are the major players planning to run their business in the coming years?
- Major grocery retailers are making a huge impact on the retail market. Where can this trend expand to? Is grocery mega-store the new big-box entertainment?