Monthly Archives: February 2012

YLG Leadership Breakfast Series: Richard Kessler, Benenson Capital Partners

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FEBRUARY 28, 2012 Reported by Andrew Stone, ULI New York Young Leaders Group Richard Kessler began the most recent YLG Leadership Breakfast Series with a discussion about how he first got involved with the real estate industry.  In college, Mr. Kessler initially focused on science, taking classes in organic chemistry and biochemistry.  However, he became ill and needed to take a semester off.  Upon returning to school he did some work for Charlie Benenson, who owned many residential properties in New York City.  Through the great depression, Charlie had a … Read More

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Investing Abroad: Brazil, India and China

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FEBRUARY 6, 2012 Reported by James Ryan III, ULI New York Young Leaders Group Opportunities to generate outsize returns exist in emerging markets real estate. Major markets in Brazil have razor thin vacancy rates, India has a rapidly growing population of 1.2 billion and is beginning to open itself up to more Foreign Direct Investment (FDI), and China’s economy has been growing at a rapid pace for more than a decade. However, the potential for big returns is mitigated by risks that are numerous and difficult to navigate.  At the … Read More

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ULI New York Housing Council: The Greatest Grid – The Master Plan of Manhattan

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APRIL 2, 2012 Reported by Andrew Stone, ULI New York Young Leaders Group On April 2nd, ULI members were led on a private tour of “The Greatest Grid: The Master Plan of Manhattan, 1811-2011” exhibit at the Museum of the City of New York.  The plan for the grid started in 1811 and took around 60 years to complete, originally extending from Houston to 155th Street.  The primary purpose of the grid was to set up transportation roads in a logical and practical manner that would differentiate New York City … Read More

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