Cornell’s Baker Program in Real Estate was honored to have Martin Stern of CBRE as a featured guest in its Distinguished Speaker Series on November 9, 2017. A Cornell alumnus (ENG ’68), Martin Stern serves as the Senior Managing Director of CBRE Chicago’s the Real Estate Advisory Services Group as he utilizes his background in… Continue Reading DSS Wrap Up: Martin Stern, CBRE Senior Managing Director
The second in a series of articles on how changes in port infrastructure and development can impact industrial real estate. To read the previous article in this series, Government Officials’ Shortsighted Port Investment Hampers Industrial Market, please click here. In the age of globalization, the potential impact that rural river ports and intermodal connectivity have… Continue Reading Rural River Ports Must Adapt To Stay Competitive
At a lodging conference in December 2016, Laura Paugh, Marriott International’s SVP of Investor Relations, remarked that Airbnb hasn’t “[made] headway in the corporate environment, which is really [Marriott’s] bread-and-butter business.”[i] This statement is reflective of the hospitality industry’s general stance on Airbnb: the platform hasn’t yet made a material impact because Airbnb does not… Continue Reading Is PUBLIC Hotel the Answer to Airbnb?
On Tuesday of last week, to a packed audience at a conference in Riyadh, Saudi Crown Prince Mohammad bin Salman announced the conception of a new mega city to be built in Saudi Arabia. Neom, which means “New Future” is an ambitious attempt by the Kingdom to propel itself upon the world stage by creating… Continue Reading With a Price Tag of $500 Billion, Saudi Arabia Plans World’s Most Ambitious Mega-City
It has been just over a month since Amazon announced that it would be building a second corporate headquarters. Since that announcement, the industry has been abuzz as to what lucky city will earn the right to host the new headquarters and what incentives they would have to provide in order to woo the tech… Continue Reading Amazon’s HQ2 Underscores the Need for Integrative Workplaces
As driverless cars begin to hit the market and ride share services such as Uber and Lyft continue to thrive in the majority of US cities, developers are beginning to reconsider the parking lot landscape in the multifamily, office, and retail arenas. This shift can be seen even more in retail, however, due to its… Continue Reading Creative Reuse: How Developers Can Take Advantage of Excess Retail Parking Space
New York City is undeniably facing a housing affordability crisis. In a recent interview, Jonathan F.P. Rose, founder and president of Jonathan Rose Companies and the Cornell Real Estate Council’s 2017 Industry Leader Award recipient, estimated that New York City has a shortage of 800,000 affordable housing units – equating to 26% of New York… Continue Reading NYC’s Affordability Crisis: Is 421-a Extension the Solution?
On October 5, Cornell’s Baker Program in Real Estate had the pleasure of hosting Don Reid, Executive Vice President of Strategy at Sustainable Living Innovations (SLI). Mr. Reid has an extensive history in finance with years of experience in energy and power (including renewables), infrastructure, and real estate. He was former co-head of Morgan Stanley’s… Continue Reading DSS Wrap Up: Don Reid, EVP of Strategy – Sustainable Living Solutions
The single and multi-family real estate sector is a dynamic market that is in a constant state of transformation. Join us for the How and Where We Live Panel at the 35th Annual Cornell Real Estate Conference to learn more about the trends shaping the housing sector in the foreseeable future. This event will feature… Continue Reading Join Us for a Riveting Discussion on Transformations in Residential Housing at the 35th Annual Cornell Real Estate Council
Industrial real estate in the U.S. is booming. Fueled by e-commerce companies such as Amazon, the industrial real estate sector is experiencing one of the longest and strongest expansions on record. According to a report by Cushman & Wakefield (C&W), the industrial sector just reached its 28th consecutive quarter of gain in net occupancy with… Continue Reading Government Officials’ Shortsighted Port Investment Hampers Industrial Market