Author Archives: Joseph Weishaar

Navigating the RFP Process – Perspectives from the Public and Private Sectors

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Navigating the RFP Process – Perspectives from the Public and Private Sectors Navigating the public agency RFP process can be a challenge for even the most experienced real estate developers. ULI New York’s Navigating the RFP Process pulled back the curtain to reveal how public agencies attempt to achieve their goals and objectives while ensuring fair dealing through competitive Requests for Proposals. According to Patrick O’Sullivan, EVP and co-head of the Real Estate Transaction Services at the New York City Economic Development Corporation, the benefits of an RFP are that … Read More

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Housing Finance Leaders Gather to Discuss the Future of Freddie and Fannie

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Housing finance industry leaders came together last week to debate the future role of government-sponsored lending giants, Fannie Mae and Freddie Mac. Both entities were placed under the conservatorship of the Federal Housing Finance Agency (FHFA) during the financial crisis from which they have yet to emerge. Panelists included David Brickman, Head of Multifamily for Freddie Mac, Robert Bostrom, Co-Chair of the Financial Compliance and Regulatory Practice at Greenberg Traurig, Mike McRoberts, Managing Director at Prudential Mortgage Capital Company, David Reiss, Professor of Law at Brooklyn Law School, and Alan … Read More

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Pop-up Retail Activating Underutilized Spaces Across NYC

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Creative pop-up retail concepts are gaining in popularity as an opportunity for owners and developers to activate vacant storefronts or low traffic areas. Pop-up retail innovator Made in the Lower East Side (aka miLES), which has produced 14 pop-up shops to date, works to open up otherwise vacant storefronts so that they can become community hubs and entrepreneurial incubation spaces. Landlords benefit from short-term rental income and increased visibility for their retail spaces. “We noticed over 200 storefront vacancies on the Lower East Side alone and thought that these spaces could … Read More

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The New West Side – New York’s Next Frontier

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ULI New York’s Young Leaders Group kicked off its Mentorship Program with a panel discussion about Manhattan’s newest neighborhood: the “New West Side.” The neighborhood, which includes the Hudson Yards development, the special West Chelsea rezoning district and the northern end of the High Line, will soon be transformed by the extension of the No. 7 subway line to 34th Street and 11th Avenue, which is scheduled to be complete in mid 2014. Hudson Yards, which is being developed by a joint partnership between Related and Oxford Properties, will comprise … Read More

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My Micro NY: Q&A with the Winners of the adAPT NYC Micro Housing Competition

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  In January, it was announced that a partnership between The Actors Fund Housing Development Corporation, Monadnock Development, and nARCHITECTS had won New York City’s adAPT NYC competition, a pilot program for micro-housing. The partnership will build 55 micro-units ranging from 250 to 370 square feet on city-owned land at 335 East 27th Street.  Building amenities will include public meeting space, café, and common rooftop garden for residents, as well as a laundry room, residential storage space, a bike room, and fitness space. ULI New York met with Rebecca Sauer … Read More

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Making Room: Q&A with Sarah Watson, Deputy Director of Citizens Housing & Planning Council

After ULI New York’s tour of the Making Room: New Models for Housing New Yorkers exhibit at the Museum of the City of New York, we caught up with Sarah Watson from the Citizens Housing & Planning Council (CHPC) to answer some questions about the exhibit, which will be on display at the museum through September 15th. What are the key demographic trends driving the need for alternative housing options such as micro-units in New York City? First, New York City is growing rapidly. We’re expecting an additional 600,000 residents by … Read More

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YLG Panel Discussion: Workouts 2.0

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SEPTEMBER 28, 2010 Reported by Joseph Weishaar, ULI New York Young Leaders Group Over 70 ULI YLG members recently participated in Workouts 2.0, a panel discussion and networking event that offered an up-to-date view of commercial real estate loan workouts. Attendees heard from several luminaries in the business, including Frank Sullivan, Managing Director and Co-Founder of ING Clarion, and Robert Brusco, Senior Vice President of Lehman Holdings Global Real Estate Group. According to Sullivan, government policy decisions have encouraged banks to “extend and pretend” and as a result lenders have … Read More

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YLG Screening Event: Dream Builders

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SEPTEMBER 14, 2010 Reported by Joseph Weishaar, ULI New York Young Leaders Group Over 35 YLG members recently attended a private screening of Dream Builders, a documentary film about the meteoric rise and subsequent sale of the construction firm Lehrer McGovern. The film focuses heavily on the relationship between the two founders, Peter Lehrer and Gene McGovern, who despite humble beginnings and incongruous personalities came together to found and build one of the first truly modern construction companies in the United States. The duo were responsible for building of some … Read More

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YLG Mobile Workshop: Brooklyn Bridge Park Tour

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AUGUST 5, 2010 Reported by Joseph Weishaar, ULI New York Young Leaders Group On Wednesday August 5th, over 30 members of ULI’s Young Leaders group gathered for a tour of Brooklyn Bridge Park. Michael Van Valkenburgh Associates designed the park, which stretches 1.3 miles along the East River from the Manhattan Bridge to Atlantic Avenue. The park site formerly consisted of storage sheds, parking lots and unused piers. Although parts of the park are already open, Ellen Ryan, Vice President of the Brooklyn Bridge Development Corporation, let the ULI group … Read More

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