DSS Wrap-Up: Bruce Menin, Principal, Crescent Heights

On November 8, 2018, the Cornell Baker Program in Real Estate welcomed Bruce Menin, Principal of Crescent Heights, to campus as part of its Distinguished Speaker Series.  Crescent Heights is a vertically-integrated real estate firm that specializes in the development and operation of architecturally distinctive residential high-rises in gateway markets across the country.  After a… Continue Reading DSS Wrap-Up: Bruce Menin, Principal, Crescent Heights

Re-shaping the Built Environment for the Changing Landscapes of Shared Mobility

Among the many aspects of the sharing economy, perhaps none have the ability to influence the built environment as much as shared space and shared mobility. While shared accommodation and work spaces have allowed for an evolution of typologies that embrace large collaborative areas with smaller shared private areas, we have yet to see the… Continue Reading Re-shaping the Built Environment for the Changing Landscapes of Shared Mobility

The Role of the Real Estate Industry in Promoting a Sustainable Development Agenda

The United Nations recently published a startling new report that cited the worsening effects of climate change. The report noted that if greenhouse gas emissions continue at the current rate, the temperature of the atmosphere could rise by as much as 2.7 ℉by 2040 (Change, 2018). Buildings, which account for 30-40% of CO2emissions, will a have… Continue Reading The Role of the Real Estate Industry in Promoting a Sustainable Development Agenda

“Wicked” Problems and Real Estate Development

Real estate development occurring in the public domain often must grapple with the complicated perspectives of a variety of stakeholders. Practitioners must therefore be adept at addressing divergent values and priorities prudently and delivering results while simultaneously managing expectations. This article will examine one such recent scenario in the capital city of India. Indeed, over… Continue Reading “Wicked” Problems and Real Estate Development

2018 Summer Internships: Lera Covington, Albanese Organization, Inc. (4 min)

  I entered the Baker Program in Real Estate in 2017 as a career switcher.  Having cut my teeth in the financial services industry, I desired to pivot into a career in real estate development where I could create innovative projects with positive social impact.  I decided to intern with Albanese Organization, Inc. this summer… Continue Reading 2018 Summer Internships: Lera Covington, Albanese Organization, Inc. (4 min)

Chinese Looks to Assert Presence in the Middle East with Oman Industrial City (6 mins)

Inside the Gulf – Part 3 – This series of articles will explore several major projects taking place in the Persian Gulf countries. As the United States takes more of an “America First” approach towards foreign policy, China is looking to step in to the potential void left by the US as the dominant world… Continue Reading Chinese Looks to Assert Presence in the Middle East with Oman Industrial City (6 mins)

Detroit’s Packard Plant – Reinventing an Industrial Icon

The story of Detroit is a familiar one in American history. The manufacturing engine of America’s automotive industry, Motor City was once a symbol of the nation’s industrial might. It has now become a symbolic example of a city left behind by the shifting currents of globalization and the country’s gradual transformation from a manufacturing… Continue Reading Detroit’s Packard Plant – Reinventing an Industrial Icon

Anti-Corruption Campaign Could Affect Saudi Arabia Mega-Projects (5 mins)

Inside the Gulf – Part 1 – This series of articles will explore several major projects taking place in the Persian Gulf countries. Last October the newly appointed Crown Prince of Saudi Arabia, Muhammad bin Salman, announced the development of Neom, a new mega-city along the Red Sea that would cover an area of over… Continue Reading Anti-Corruption Campaign Could Affect Saudi Arabia Mega-Projects (5 mins)

Long Beach: Rebuilding a City through Public-Private Partnerships (5 mins)

(Image Courtesy: Plenary Edgmoor) The new civic center of Long Beach, California currently under construction at a cost of over $500 million, is the largest public-private development of its kind on the West Coast. It is also the result of a city’s long-term commitment to revitalization spanning over a decade and a reflection of its… Continue Reading Long Beach: Rebuilding a City through Public-Private Partnerships (5 mins)

Promoting Affordability Through State Regulation of TODs (5 mins)

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)