Networking Breakfast

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Tenants and Subtenants: What You Should Know

Master tenants and subtenants; disputes between different types of tenants or between commercial landlords and various classes of tenants (regarding occupancy limits, guests, residency or usage restrictions, rental rates, payment terms and obligations, etc.); additional issues raised by the presence of subtenants (their rights, status, designation, notification to landlords, etc.); related eviction or successor occupancy issues; etc.

Presenters:

• Shari Laskowitz, Of Counsel, Ingram Yuzek Gainen Carroll & Bertolotti
• Amol Pachnanda, Partner, Ingram Yuzek Gainen Carroll & Bertolotti

Welcome Remarks

A New York Commercial Real Estate Market Update Presented by Bob Knakal, Chairman Investment Sales, JLL

Bob Knakal will present the current state of the New York commercial market, comparing and contrasting trends across all commercial asset classes throughout the region. Get the skinny on the key metrics affecting your real estate business.

View From the Top: A Market Outlook from New York’s Leading Commercial Real Estate Leaders

This session will bring together some of the region’s most prominent commercial real estate leaders to discuss of the industry’s biggest issues. Learn how are these top players adjusting their strategies going forward for the remainder of the year and beyond?

• What are their lessons learned from the development process over the last year?
• How trends translate into tangible innovations?
• What is the outlook for development and new construction in the next few years?
• What works / doesn’t work in today’s office market?
• How changing your lease terms can give your space a competitive advantage?

Moderator:

• Ron Lagnado, Partner, Mazars

Panelists:

• Joe Ben-Zvi, COO, The Guarantors
• Kenneth Fisher, Partner, Fisher Brothers
• MaryAnne Gilmartin, CEO, L&L MAG
• Francis Greenburger, Chairman & CEO, Time Equities
• Pam Swidler, Global Head of RE Transactions, WeWork

No Stone Left Unturned: Alternative and Emerging Opportunities in Commercial Real Estate

As traditional commercial real estate opportunities become harder to pencil out, developers and investors are thinking “outside the box” to achieve their objectives. Many are turning to alternative and emerging sectors, such as multi-level fulfillment centers, health care & life science facilities, adaptive reuse office spaces, and short-term rental hotel hybrids. Hear from leaders who own, invest in and develop in these up and coming asset classes, as they share their perspectives on the current state and future emerging trends in the commercial real estate market.

• Opportunities Zones – Where to find them and what should you watch out for?
• How to capitalize on undervalued asset types?
• Where can fulfillment centers succeed?
• What impacts will transportation have in neighborhood expansion?
• Where are investors turning to find deals today?

Moderator:

• Jonathan Hageman, Managing Director, JLL

Panelists:

• Melissa Burch, Executive General Manager – NY Development, Lendlease
• Jeff Hendler, CEO, Logical Buildings
• Dov Hertz, Founder, DH Property Holdings
• Sarang Peruri, Principal, Oxford Capital Group
• Julie Stein, SVP & Executive Director of Sunset Park, New York City Economic Development Corp.

Networking Break

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The Secret of Our Success: Leading Office Experts Views on Today’s Market

The office market saw one of its best transactions years in a generation in 2018. Fed by record deals, a steady stream of large investments, the rise of Opportunity Zones, major growth in flexible office space and large developments in Hudson Yards, Long Island City, and Brooklyn coming online, owners and developers throughout the five boroughs are navigating a landscape ripe with positive activity. However, not everything has a silver lining. Once core markets like Midtown now have dark clouds on the horizon as many long-standing tenants are looking to go to more innovative office products downtown or across the river once their current leases expire. How can office players adapt to today’s strong market while keeping their eyes on potential challenging future?

• How can old properties compete with newly constructed office space?
• How are demographics driving change in office properties?
• How can technology improve a flexible office?
• How can changing your lease terms give your space a competitive advantage?
• What are tenants looking for?

Moderator:

• Abe Schlisselfeld, Partner, Marks Paneth

Panelists:

• Craig Deitelzweig, President & CEO, MARX Realty
• William Elder, EVP & Managing Director, RXR Realty
• Leslie Himmel, Managing Partner, Himmel & Meringoff Properties
• Michael Kazmierski, Principal & Director – Acquisitions, Kaufman Organization
• Richard Morell, EVP Business Development, Equiem

It’s a Jungle Out There: Best Practices, New Opportunities, and Pitfalls to Avoid in Today’s Retail Market

Few sectors in real estate are in greater flux than the retail market. Yet is it as bad as people say it is? As traditional retail storefronts are struggling to survive, there are opportunities for development and investment. How do retailers view this market? What are the key factors that would cause them to adapt their footprint? Which neighborhoods are they looking at? And how are retailers and retail space operators innovating to stay relevant today?

• How to identify which retailers are likely to succeed (or not)?
• How are operators creating spaces that can accommodate change?
• How are the city’s newest retail developments performing?
• What retail property types are hitting and missing the mark?
• What do future lease terms look like?

Moderator:

• Joe Ben-Zvi, COO, The Guarantors

Panelists:

• Chris Conlon, EVP & COO, Acadia Realty Trust
• Susan Fine, Principal, Fine Development Partners
• Al Laboz, Principal, United American Land
• Nina Roket, Partner, Olshan Frome Wolosky

Networking Lunch

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Lunch Workshop – Tax Minimization Strategy Update: Opportunity Zones, Tax Incentives & Credits

The presentation is designed to provide the latest updates to Federal, State, and Local Energy & Specialty Tax Incentives and provide clarity to the design, qualification and certification process to maximize results and cost savings on Purchases, Renovations, Improvements and New Construction projects. During this presentation, you will be able to understand how to capture and best utilize Cost Segregation, Energy Tax Credits (like 179D for commercial buildings and 45L tax credits for residential and multi-family projects). In addition, this presentation includes special information about Opportunity Zones, how they work and how to take advantage of their special tax status.

Presented by:

• Michael D’Onofrio, Managing Director, Engineered Tax Services

Dollars and Sense: An Investor Outlook into The CRE Market

Investment in today’s commercial real estate market is challenging as good deals are harder to come by. With asset prices at all-time highs and rents moving sideways or down, locally and nationally, where to invest and what to do next are difficult questions to answer. Hear from top investors who put money to work locally and nationally across all property types as they discuss where they see opportunity today.

• What to do when available deals haven’t kept up with available capital?
• What asset types are foreign capital sources looking at?
• Which capital sources are pulling back and who is stepping up?
• How should you utilize mezzanine financing and preferred equity to make deals work in today’s climate?

Moderator:

• Toby Moskovits, CEO, Heritage Equity Partners

Panelists:

• Aaron Appel, Vice Chairman – Head of NYC Capital Markets, JLL
• Spencer Garfield, Managing Director, Fortress Investment Group
• Daniel Rudin, Director – U.S. Real Estate, Angelo, Gordon & Co.
• David Schonbraun, Co-Chief Investment Officer, SL Green Realty

Closing Remarks

Networking Reception

Office Roundtable

Retail Owner Roundtable