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)

A Shock Unlike Any Other – Vijay Dandapani (SHA ’87) on the State of NYC’s Hotel Market

The hotel industry in New York City has seen its fair share of macroeconomic shocks over the past few decades.  From the 1975 fiscal crisis, to the stock market crash of 1987, the terrorist attacks of September 11th, and of course the great recession in 2008 – the hotel industry in the financial capital of… Continue Reading A Shock Unlike Any Other – Vijay Dandapani (SHA ’87) on the State of NYC’s Hotel Market

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

Identifying Reuse Opportunities Among Cape Cod’s Vacant Motels

This article is a follow-up to an article posted last October that speculated about the viability of reusing distressed motel properties for various types of high-demand housing. In that article, various qualitative factors were laid out which could make certain properties easier to redevelop than others. It concluded that there would also be a mix… Continue Reading Identifying Reuse Opportunities Among Cape Cod’s Vacant Motels

Baker Program Miami Trek Visit: Rialto Capital

As the final stop on their trek, first-year Baker Program in Real Estate students visited Rialto Capital’s new office on Biscayne Boulevard in downtown Miami.  This visit was coordinated through the Baker Program’s fortunate connection with Director Michael Mashioff (ILR ‘04).  Rialto was founded in 2007 as a subsidiary of Lennar Corporation, the largest home-builder… Continue Reading Baker Program Miami Trek Visit: Rialto Capital

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 Miami Trek Visit: 13th Floor Investments

Rooftop Pool Deck at 1010 Brickell Ave Condo   As a result of superstitious beliefs, most buildings intentionally skip the 13th floor.  In fact, this superstition seems to stem from the word “triskaidekaphobia,” which the English dictionary describes as the fear of the number 13.  But just like a charm, Arnaud Karsenti has credited luck,… Continue Reading Baker Program Miami Trek Visit: 13th Floor Investments

Baker Program Miami Trek Visit: Oppenheim Architecture

The first stop of the Cornell Baker Program’s Class of 2021 Miami Trek was a visit to the office of Chad Oppenheim, Principal and Lead Designer of Miami-based Oppenheim Architecture.  The class gathered in the mezzanine conference room inside Oppenheim’s Miami office located in the famous Design District.  The building itself is covered in greenery… Continue Reading Baker Program Miami Trek Visit: Oppenheim Architecture