Growth of Secondary Office Submarkets in Seattle and Washington D.C.

Central Business Districts (CBD) submarkets have historically been a sought-after office and retail asset market for international and local businesses.  The concentration of commercial activity, people, and accessibility in the submarket incentivizes businesses to relocate and take advantage of clustering and agglomeration economies.  CBDs often serve as a city’s financial or business district, making them… Continue Reading Growth of Secondary Office Submarkets in Seattle and Washington D.C.

A Crash Course in Affordable Housing: Camber Property Group

Rick Gropper and Andrew Moelis know their niche and execute it well.  Together, their understanding of the affordable housing market in New York City has, in short order, established their presence not only in the world of real estate investors, but, perhaps more importantly, the community stakeholders benefitting from their efforts.  After a time as… Continue Reading A Crash Course in Affordable Housing: Camber Property Group

38th Annual Cornell Real Estate Conference – Macro Trends and Market Insights (Andrew Ross Sorkin ‘99 and Abby Joseph Cohen ‘73)

“Where are we? And what does the future look like?” These two questions guided the first virtual session of the 38th Annual Cornell Real Estate Conference, a discussion of Macro Trends and Market Insights between Andrew Ross Sorkin (’99) and Abby Joseph Cohen (’73).  In front of over 1,000 guests who tuned in on October… Continue Reading 38th Annual Cornell Real Estate Conference – Macro Trends and Market Insights (Andrew Ross Sorkin ‘99 and Abby Joseph Cohen ‘73)

The Golden Age of Travel May Just Be Around the Corner: Hospitality Insights from Art Adler of Adler Advisors, LLC

Art Adler is no stranger to working hard, building genuine relationships, and creating a long legacy of success as a trusted voice and leader in hospitality transactions and consulting.  From humble beginnings to becoming the CEO and Chairman of Jones Lang Lasalle (JLL)’s Hotels & Hospitality Group for the Americas, Mr. Adler’s stories and industry… Continue Reading The Golden Age of Travel May Just Be Around the Corner: Hospitality Insights from Art Adler of Adler Advisors, LLC

The Power of Purpose – A Conversation with Jonathan Rose

Now more than ever, amid the coronavirus crisis, Americans are aware of the tradeoffs between economic growth and social, environmental, and health concerns.  This is not a new paradigm; the latest crisis has simply revealed these tradeoffs in a more conspicuous light.  Much of our economy relies on extracting limited resources, tangible materials like concrete and steel for buildings as well as people’s finite energy and creativity consumed by unfulfilling work.  Real estate developer, author, and… Continue Reading The Power of Purpose – A Conversation with Jonathan Rose

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

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

Joe LeVine and Ben Pfinsgraff: An Uncommon Vision Creating Community

On Thursday, February 13th, 2020, the Cornell Baker Program in Real Estate had the unique pleasure of hosting two speakers during the week’s Distinguished Speaker Series – Joe Levine and Ben Pfinsgraff. Levine is co-founder of Mercer Street Partners, a New York City-based value-add real estate investment firm, where he leads the acquisitions and asset… Continue Reading Joe LeVine and Ben Pfinsgraff: An Uncommon Vision Creating Community

37th Annual Cornell Real Estate Conference – Panel Wrap Up – The CEO’s Check-In

The theme of the 37th Annual Cornell Real Estate Conference was “20/20: Hindsight and Foresight” and featured panelists who discussed the unfolding challenges, disruptions, and opportunities in commercial real estate as 2020 approaches. Opening remarks by the Cornell Real Estate Council’s Chairman Paul Rubacha, Co-Founder and Principal of Ashley Capital, and Board Member Lynn Zuckerman… Continue Reading 37th Annual Cornell Real Estate Conference – Panel Wrap Up – The CEO’s Check-In