Development Without Displacement- Insights from Ernst Valery (BS ’00, MPA ’01)

On Thursday, September 3rd, 2020, the Cornell Baker Program in Real Estate welcomed Ernst Valery (BS ’00, MPA ‘01) as the first speaker in this Fall’s Distinguished Speaker Series.  Mr. Valery is the founder and president of EVI, an affiliate of SAA|EVI, a minority-owned real estate development firm that focuses on urban transitional areas.  Over… Continue Reading Development Without Displacement- Insights from Ernst Valery (BS ’00, MPA ’01)

Solar Development: Projections and Trends for the 2020’s

The past decade proved to be an extremely volatile one for the solar industry in the United States. The outlook on the industry in 2010 anticipated high growth as it looked towards 2020, as advances in solar module efficiencies resulted in continuously declining costs. MIT research found that solar module costs fell by 97% from… Continue Reading Solar Development: Projections and Trends for the 2020’s

Baker Program Miami Trek Visit: Ocean Terrace, and Magic City

On the morning of the fourth day of their domestic trek to Miami, Florida, first year Baker students visited two developers with ambitions to transform the different Miami-area neighborhoods through large, pioneering projects that are each currently in the pre-development planning stage. The first visit was to a site owned by Ocean Terrace Holdings, LLC… Continue Reading Baker Program Miami Trek Visit: Ocean Terrace, and Magic City

Baker Program Miami Trek Visit: Turnberry Associates

Turnberry Associates The Baker Program in Real Estate had the privilege of visiting Turnberry Associates during its Miami trek.  Turnberry is one of Florida’s largest and most influential real estate developers operating in the commercial, residential, and hospitality space.  Turnberry has developed $10 billion in commercial and residential property including approximately 20 million square feet… Continue Reading Baker Program Miami Trek Visit: Turnberry Associates

Baker Program Singapore Trek Day 5: Asia Pacific Real Estate Association, Mapletree Investments, Keppel REIT, Frasers Property, and Warehouse Hotel

On the last and busiest day of the trek, Friday, January 10th, Baker students visited five different real estate firms and rounded out the trip with a reception for Cornell alumni from around the island as well as the executives of the companies visited throughout the week.  Cornell alumna Sigrid Zialcita, CEO of the Asia… Continue Reading Baker Program Singapore Trek Day 5: Asia Pacific Real Estate Association, Mapletree Investments, Keppel REIT, Frasers Property, and Warehouse Hotel

Baker Program Singapore Trek Day 4 – GuocoLand and the Far East Organization

Day 4 of the trek saw Baker students begin the morning with an in-depth tour of Singapore’s tallest building, Guoco Tower. First opened in 2017, the tower was developed by GuocoLand, one of Asia’s premier luxury developers. In addition to its location above the Tanjong Pagar MRT station, the property, known in Singapore as an… Continue Reading Baker Program Singapore Trek Day 4 – GuocoLand and the Far East Organization

Baker Program Singapore Trek Day 2: ARA Asset Management and Housing & Development Board

On Tuesday, January 7th, Baker students began their day at ARA Asset Management’s Singapore headquarters.  In just under two decades ARA has become one of the largest money managers in Singapore.  Founded in 2002 by CEO John Lim, the firm manages S$87 billion ($62.5 billion in USD) across 26 countries and four continents.  Students were… Continue Reading Baker Program Singapore Trek Day 2: ARA Asset Management and Housing & Development Board

Hahne & Co.: Cornell Real Estate Review’s First Collaborative ULI Case Study

We are pleased to present a ULI case study of the redevelopment of the historic Hahne & Co. building in Newark, New Jersey. This is the first in a series of case studies and briefs jointly created by ULI and Cornell University’s Baker Program in Real Estate. The Baker Program is honored to collaborate with… Continue Reading Hahne & Co.: Cornell Real Estate Review’s First Collaborative ULI Case Study

Effectiveness of the Opportunity Zone program

Created to stimulate investment in distressed and low-income communities, Qualified Opportunity Zones (QOZ) have become a hot topic for real estate developers and investors.  The program was enacted as part of the 2017 tax reform law that enable taxpayers to defer tax on eligible capital gains by making an investment in a Qualified Opportunity Fund… Continue Reading Effectiveness of the Opportunity Zone program