on 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)
on The humble beginnings of the Dubai economy and subsequent rise to fame Today, Dubai is the epicenter of financial activity in the Middle East due to the free trade zones in the emirate. The numerous free zones not only add to the GDP of Dubai but also add to the population base of expatriates living… Continue Reading Free Trade Zones in Dubai (6 mins)
on (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)
on Last week the Baker Program was honored to have entrepreneur, philanthropist and restaurateur, Dennis Kessler, on campus to meet with students in the Distinguished Speaker Series. Dennis co-founded Kessler Restaurants LLC in 1975 with his brother and is a passionate philanthropist and business leader the greater Rochester community. Over the last 30 years, Kessler… Continue Reading DSS Wrap-up: Dennis Kessler, Co-Founder of Kessler Restaurants (4 mins)
on The pace of innovation in real estate has continued to grow as industry actors, entrepreneurs, and VC funders search for the next true “disruptor.” In 2017, VC funding jumped 200% to $12.6bn, up from $4.2bn in 2016[i], a testament to the potential that the VC community sees in real estate. As tech innovation continues to… Continue Reading PropTech 101: Intro to Disruption in Commercial Real Estate (4 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 Last week the Baker Program had the pleasure to welcome an extremely accomplished Cornell alumna to the Distinguished Speaker Series. Tammy Jones is the Co-Founder and Chief Executive Office of Basis Investment Group, an investment management company located in New York City. Tammy graduated from Cornell with a bachelor’s in economics, and then went on… Continue Reading DSS Wrap-up: Tammy Jones, Founder of Basis Investment Group (4 mins)
on Real estate development is a field ripe with innovation and potential for impact. On Thursday, February 8, 2018, the Baker Program of Real Estate hosted two guests for the Distinguished Speakers Series that exemplify both of these qualities: Nick Lembo, Founder and Chairman of Monadnock Construction, Inc. and Kirk Goodrich, Vice President and Director of… Continue Reading DSS Wrap-up: Nick Lembo and Kirk Goodrich of Monadnock (4 mins)
on by Vishal Mehan Atlantis, the mythical island that sank mysteriously around 8400 BC has always been a popular topic amongst both meteorologists and mythologists. But the ancient ballad may very well be a 21st century phenomenon, with scientists predicting sea levels to rise by a minimum of 7.5 feet by 2100, and that estimate is… Continue Reading Atlantis
on Blockchain technologies, specifically cryptocurrencies like Bitcoin have been making headlines lately as the world begins to utilize them in various transactions. Once stigmatized as a tool to enable money laundering, drug dealing, murder for hire and other illicit “dark web” transactions on sites like Silkroad, these technologies have shed their stigma, gone mainstream and minted… Continue Reading Bitcoin is Impacting Multi-Family Real Estate Transactions, What’s Next?