Ben Bernstein is a name that is becoming increasingly familiar to the New York City real estate community at a rapid pace. Bernstein currently serves as President and Co-Founder of RedSky Capital, an integrated real estate development and investment firm based in the Dumbo section of Brooklyn, New York. In this capacity, Bernstein oversees all… Continue Reading Ben Bernstein ’06 Makes Moves in Brooklyn Residential & Commercial Market
Cornell Takes Second in UT-Austin National Real Estate Challenge
In late November, students from the top Real Estate and MBA programs in the country gathered at the University of Texas at Austin for the 13th Annual National Real Estate Challenge. Hosted by the McCombs School of Business, the competition puts teams head to head in a case-based real estate challenge presented in front of… Continue Reading Cornell Takes Second in UT-Austin National Real Estate Challenge
Tysons: On The Road to Urbanization
In 2008 when county officials announced an ambitious plan to transform suburban Tysons into a vibrant, sustainable urban center, some local residents surely must have wondered whether it was a hoax. Located several miles west of downtown Washington and known as a major shopping hub, Tysons was filled with acres upon acres of parking lots… Continue Reading Tysons: On The Road to Urbanization
Cornell-Hodes Weill 2015 Institutional Real Estate Allocations Monitor Released
The 3rd Annual Survey of Institutional Real Estate Allocations has been released by Cornell University’s Baker Program in Real Estate in partnership with Hodes Weill & Associates. Key Findings: 1. Target allocations continue to increase, albeit at a moderating pace. 2. Investors remain significantly under-invested in real estate. 3. Institutional real estate portfolios have generated… Continue Reading Cornell-Hodes Weill 2015 Institutional Real Estate Allocations Monitor Released
Baker Program DSS, December 3, 2015: Vicki Davis of Urban Atlantic
With the final guest of the Distinguished Speaker Series, the Cornell Baker Program welcomes Vicki Davis from Urban Atlantic. As the co-founder of the firm in 1998, Davis has been responsible for the acquisition, planning, design, and implementation of all Urban Atlantic real estate projects. Through her keen oversight, the organization has been responsible for over… Continue Reading Baker Program DSS, December 3, 2015: Vicki Davis of Urban Atlantic
What Lies Below: Understanding Unknown Subsurface Conditions
On the night of February 11, 2014, a 40 foot wide by 30 foot deep sink hole opened up below the floor of the National Corvette Museum in Bowling Green Kentucky swallowing eight cars. While most soil problems are not this dramatic, unforeseen site conditions are a major cause of development cost overruns and construction… Continue Reading What Lies Below: Understanding Unknown Subsurface Conditions
The Branding of Bryant Park
Location, Location, Location. This is an adage often used in the real-estate world. When it comes to leasing an office building or condo tower, location has value. Real Estate private equity firms, which are in the business of unlocking value, use this to their advantage by renaming assets. A prime example of this, is the… Continue Reading The Branding of Bryant Park
Marriott Buying Starwood Hotels and Resorts in Largest Hotel Merger
As the week began this morning, the business world and indeed the Cornell University School of Hotel Administration were hit with the surprise news that Marriott International Inc. has agreed to buy Starwood Hotels and Resorts Worldwide Inc. in a deal valued at $12.2 billion. The deal creates the world’s largest hotel company and concludes… Continue Reading Marriott Buying Starwood Hotels and Resorts in Largest Hotel Merger
Paramount Lodging Advisors Founder Sanjeev Misra ’98 Visits Baker Program
On Thursday, November 19, the Baker Program cordially welcomes back to campus Sanjeev Misra to its Distinguished Speaker Series. Sanjeev is a graduate of the Cornell University School of Hotel Administration (SHA) in 1998, and he received a Master of Business Administration degree from Ross School of Business at the University of Michigan in 2003.… Continue Reading Paramount Lodging Advisors Founder Sanjeev Misra ’98 Visits Baker Program
Konrad Wos ’76 Uses History to Teach Baker Students about Creating Real Estate Value
In early October, students of the Baker Program in Real Estate had the privilege of welcoming Konrad Wos (B.Arch ’76), of Wos & Wos Development, to their weekly Distinguished Speaker Series. The insights and vision that Wos shared with students reflected the expertise he has garnered in over 30 years of developing and consulting on real… Continue Reading Konrad Wos ’76 Uses History to Teach Baker Students about Creating Real Estate Value