Taking Back the Riverfront in America’s Largest Cities

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

A Baker’s Experience at the 2017 ULI Fall Meeting

Once each year, real estate professionals from across the country come together for one of the largest gatherings in the industry: the ULI Fall Meeting. One of the principal goals of this meeting is to bring together professionals from every sector of real estate and encourage them to engage in discussions with thought leaders about… Continue Reading A Baker’s Experience at the 2017 ULI Fall Meeting

DSS Wrap Up: Martin Stern, CBRE Senior Managing Director

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

Rural River Ports Must Adapt To Stay Competitive

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

Is PUBLIC Hotel the Answer to Airbnb?

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?

With a Price Tag of $500 Billion, Saudi Arabia Plans World’s Most Ambitious Mega-City

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

Creative Reuse: How Developers Can Take Advantage of Excess Retail Parking Space

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

NYC’s Affordability Crisis: Is 421-a Extension the Solution?

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?

DSS Wrap Up: Don Reid, EVP of Strategy – Sustainable Living Solutions

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