on Just days after key committees on the Los Angeles City Council backed a new set of short-term home sharing regulations limiting such activity to primary residences and capping short-term rentals to 120 days per year, a report from the Office of the Comptroller of New York quantified the estimated impact of home sharing on New… Continue Reading Short-Term Rental Gain vs. Long-Term Affordability Pain (5 mins)
on Cornell’s Third Annual Titans of Real Estate event will be held at the Cipriani on 42nd Street in Manhattan on April 20th, 2018. This year’s event, titled Titan Families of Real Estate, focuses on two real estate families from the New York City area – the Milstein family and the Rudin Family. The Rudin family… Continue Reading Titan Families of Real Estate: The Rudin Family
on In a move with wide-reaching implications for the real estate industry, President Donald Trump imposed new tariffs on imported steel and aluminum on March 8, 2018. The tariffs of 25% on imported steel and 10% on imported aluminum have already created strain on international trade relationships, with 24 World Trade Organization countries scheduled to meet… Continue Reading Implications of Trump’s Steel Tariff (5 mins)
on It’s no secret that major cities across the United States – particularly the coastal gateway markets – are facing significant housing shortages for middle- and low-income residents. New York and California are facing the greatest challenges. Of the top 10 least affordable housing markets in the country, three are located in New York (Manhattan, Brooklyn,… Continue Reading Promoting Affordability Through State Regulation of TODs (5 mins)
on The importance of rivers is pervasive in urban history. Rivers initially provided humans with a source of food (fish) and fresh water, but most importantly allowed for agriculture which provided for the growth of substantial urban populations. In the United States, the major growth of cities took place during a global period of rapid industrialization,… Continue Reading Taking Back the Riverfront in America’s Largest Cities
on 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 As fall descends on Cornell’s campus, students in the Baker Program in Real Estate are preparing for the 35th Annual Cornell Real Estate Conference in New York City on October 13th, 2017. This year’s conference theme is Real Estate Mega Trends, and we are honored to present the 2017 Real Estate Industry Leader Award to… Continue Reading Jonathan F.P. Rose: Cornell’s 2017 Real Estate Industry Leader Award Recipient
on Andrew Benioff, MBA ’04 visited with the students of Cornell University’s Baker Program in Real Estate for the program’s Distinguished Speaker Series on Thursday, April 13th. During his presentation, Andrew touched on a broad range of topics including his primary business lines as Founder and Managing Partner of Llenrock Group, LLC, a real estate investment… Continue Reading DSS Wrap Up: Andrew Benioff, Llenrock Group and Linden Lane Capital Partners
on Cornell’s Baker Program in Real Estate is honored to showcase Steve Benjamin of Stromiga Real Estate Development as the next featured guest in its Distinguished Speaker Series on April 27, 2017. Now in its second generation of family leadership, Stromiga Inc. develops and manages a portfolio of properties in Western Canada (Alberta and Saskatchewan), California, and Arizona. Stromiga’s portfolio… Continue Reading Distinguished Speaker Series: Steve Benjamin, Managing Partner of Stromiga Real Estate Development
on The Baker Program in Real Estate continued its success in national real estate case competitions over the past year with a second place finish in the 2017 ARGUS University Challenge. This was Cornell’s first time placing in the ARGUS competition in its six years of existence. Cornell’s team included two second-year students Yang Yang and… Continue Reading Cornell Team Places 2nd in 2017 ARGUS University Challenge