Author Archives: chris.karakul

Recap: Does Amazon Signal the End of A Pro-Growth Political Climate in NYC?

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By: Laszlo Syrop In November 2018, Amazon announced that, following a 14-month public competition, it had chosen the Long Island City neighborhood of Queens, in New York City, as one of two locations for its planned second headquarters (HQ2). But in February 2019, following criticism and controversy, the company reversed course and ceased planning for its New York location. From the outset of Amazon’s HQ2 competition announcement, the saga has invited voluminous commentary of all stripes and from all corners of public opinion. On Monday, May 13th, ULI New York brought … Read More

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Recap: REO 2019 – The New Face of Waterfront Development

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By: Saba Meidany On January 29th, a panel at the 2019 Real Estate Outlook brought together a diverse group of professionals and actors shaping New York City’s waterfront. Kate Ascher, Partner at BuroHappold Engineering and moderator of the panel, steered the conversation into discussing ownership of the waterfront and how private capital is changing the characteristics of neighborhoods as well their connections to the city. Putting residential uses on waterfronts is an expensive exercise, which, at present, is being provided largely through funds accessible to private developers. These types of developments … Read More

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Recap: REO 2019 – How will Opportunity Zones Impact Land Use and Development?

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By: Katie Tang The final panel of ULI New York’s Real Estate Outlook 2019 conference was titled How will Opportunity Zones Impact Land Use and Development? The panel was led by moderator Miriam Harris, Executive Vice President at Trinity Place Holdings, and included Eric Clement, Senior Vice President of the NYC Economic Development Corporation, Rachel Diller, Managing Partner at UrbanView Capital, Seth Pinsky, Executive Director at RXR Realty and Aaron Yowell, Partners & Chief Innovation Officer at Nixon Peabody, LLP. Laying the foundation for the conversation – Seth Pinsky stated, … Read More

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RECAP: REO 2019 – Emerging Trends Response Panel

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By: Frank Futia On January 29th, hundreds of ULI members and nonmembers gathered at the New York Times Building to attend ULI New York’s Real Estate Outlook 2019. The annual event kicked off with a presentation by Mitch Rochelle of Price Waterhouse Coopers, who shared the findings of Emerging Trends in Real Estate ® 2019, one of the industry’s most highly regarded and widely read trends reports. Following Rochelle’s presentation, industry veterans Melissa Román Burch, Executive General Manager of Lend Lease Americas, Hilary Spann, Managing Director, Head of Americas Real Estate … Read More

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