Name: Philadelphia In Phase 2: Seizing The Moment
Start: 2021-05-19T10:00:00-04:00
End: 2021-05-19T13:30:00-04:00
Location: Digital Summit

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Philadelphia In Phase 2: Seizing The Moment

The Path Forward

Digital Summit Ended On: Wednesday May 19 2021

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Registration Questions?

HOW TO JOIN THE DIGITAL SUMMIT

Head to https://www.accelevents.com/e/6844PhillyStateoftheMarket, 30 minutes prior to the summit at 9:30AM ET, the lobby opens and an "Enter Event" button will appear. Click the "Enter Event" button and then enter the email address you used when registering for your ticket. Next click "Forgot password?" followed by "Reset My Password". You will then be sent a 6 digit code that will allow you to set a password for your Accelevents account. Once your password is set, you will automatically enter the event and will stay logged into the platform. We suggest joining on a laptop or desktop using the latest version of Chrome for the best experience. If you have any questions, email digitalsummits@bisnow.com

Digital Summit Speakers and Panels

Center City's Recovery: The Impact of the Office Market on all of CRE

Moderator

Dailey Tipton

VP, Evolution Energy Partners

Derek Green

In 2015, Councilman Derek S. Green, Esquire won the Democratic primary for City Council At-Large in Philadelphia by receiving the highest number of votes cast in the election, and, later that year, he was elected as a member of the City Council of Philadelphia. In 2019, he won the Democratic primary for his re-election. As a member of City Council, Councilman Green chairs the Committee on Disabilities and serves as the Vice Chair of the Committees on Aging and Law and Government. Additionally, he serves as the Chairman of the Philadelphia Gas Commission, Board Director for the Philadelphia Cultural Fund, Board Director for the Democratic Municipal Officials, Regional Director for the National Black Caucus of Local Elected Officials, and 2nd Vice President for the Pennsylvania Municipal League. Before his election, Councilman Green was the Special Counsel to Councilwoman Marian B. Tasco. He also served as counsel to the Philadelphia Gas Commission Chair and the Committees on Finance and Public Health and Human Services. Prior to joining the Councilwoman’s office, Councilman Green served as a Deputy City Solicitor in the Housing and Community Development Division of the Corporate Group of the City’s Law Department. Additionally, Councilman Green’s legal experience includes positions as an Assistant District Attorney in Philadelphia and Assistant Deputy Attorney General for the State of Delaware (Securities and Criminal Divisions). Councilman Green is admitted to practice law in the Commonwealth of Pennsylvania and State of New Jersey. Before becoming an attorney, Councilman Green was a consumer and small business lender for Meridian Bank. He is also a graduate of the University of Virginia and Temple University School of Law. Councilman Green and his wife, Sheila, co-founded the first Autism Support Class at Houston Elementary School to help other Autistic children like their son. To aid other families affected by Autism, they are a top regional fundraiser for Autism Speaks.

City Of Philadelphia

Councilmember

Derek Green

Councilmember, City Of Philadelphia

Paul Levy

President & CEO, Center City District

Rich Gottlieb

President & COO, Keystone Development + Investment

Why Philly: Capitalizing On A Population Boom

Allan Domb

Since 1980, Allan Domb and his highly reputable real estate brokerage firm have been known throughout the United States as key contributors to Center City Philadelphia’s luxury condominium market. Today, Allan continues to specialize in Center City luxury condominium sales in buildings such as 10 Rittenhouse, 1706 Rittenhouse, 1820 Rittenhouse, 1830 Rittenhouse, 1900 Rittenhouse, 220 West Rittenhouse Square, Academy House, The Bank Building, The Barclay, The Dorchester, Hopkinson House, Independence Place, The Lanesborough, The Lippincott, The Murano, Parc Rittenhouse, The Philadelphian, Pier 3, Pier 5, The Rittenhouse, Society Hill Towers, Symphony House, Wanamaker House and The Warwick Condominiums. Additionally, Allan’s company leases residential apartments, condominiums and commercial properties and manages many of these assets. Since 1999, Allan has also been engaged in the adaptive reuse of historic buildings into luxury condominiums and the development of new luxury condominiums in Center City. His portfolio of development properties includes Parc Rittenhouse, The Warwick, The Bank Building Residences, The Lanesborough, 220 West Washington Square and The Barclay. Nationally, Allan has been ranked a top producing real estate broker for the past twenty five years. From 1986 to 2004, Allan was ranked the top residential broker in the United States. He was named REALTOR® of the Year by the Greater Philadelphia Association of REALTORS® (GPAR) in 1992 and 2013 and was named REALTOR® of the Year by the Pennsylvania Association of REALTORS® in 2013. Allan received his Bachelor of Arts degree from American University. He currently serves on the boards of the Friends of Rittenhouse Square and six condominium associations, of which he is the president of two. He is a past president of the Friends of Rittenhouse Square and has served on three other condominium boards in the past. In 2015, Allan was elected as a Philadelphia City Councilman At-Large. His agenda includes lowering the poverty rate, collecting delinquent taxes owed to the City, increasing high school graduation rates, promoting job growth through the retention of existing businesses and attracting new businesses to Philadelphia, and streamlining all aspects of city government to make it more efficient. Allan has been quoted and featured in The Wall Street Journal, USA Today, Forbes, Business Week, The Philadelphia Inquirer, Urban Land, Multifamily Executive, and many other publications. He also often appears on Philadelphia’s NBC10, 6ABC, CBS3, CNBC, MSNBC and FOX29.

City Of Philadelphia

Councilman

Allan Domb

Councilman, City Of Philadelphia

Matthew Pestronk

Co-Founder, Post Brothers

Larry Steinberg

Senior Managing Director, Colliers

Moderator

George Kotridis

Principal, CLA

Off-Center City

Leo Addimando

Managing Partner and Co-Founder, Alterra Property Group

Dawn Summerville

Deputy Commerce Director, City of Philadelphia

Lauren Gilchrist

EVP, Market Leader, Newmark

Moderator

Amee Farrell

Principal, Kaplin Stewart

Keynote

Jim Kenney

A lifelong city resident, Mayor Jim Kenney grew up the oldest of four children in a South Philadelphia rowhome. His father, a firefighter, and his mother, a homemaker, both worked second jobs to help their children pursue their education and, in 1980, Jim became the first in his family to graduate from college. Just a decade later, Philadelphians elected him to serve as a City Councilman At-Large and, over the next twenty years, Jim stood up for Philadelphia’s working families and progressive policies —fighting for a real living wage, broader protections for LGBTQ Philadelphians, marijuana decriminalization, and a more sensible immigration policy. On January 4, 2016, Jim was sworn in as the 99th Mayor of Philadelphia. In his first budget, the Mayor worked closely with City Council to fund bold anti-poverty initiatives - including expansion of quality pre-k, the creation of 25 community schools and $500M investment in parks, rec centers and libraries – by making Philadelphia the first major city to pass a tax on sweetened beverages. In his first year, the Mayor also increased efforts to spur economic growth in the city’s commercial corridors, launching a capital consortium for small businesses, creating a small business coach program, and expanding supports, including financial grants and loans, to small and immigrant businesses. Philadelphia also shined on the national stage in 2016, successfully hosting the Democratic National Convention and safely monitoring peaceful protests, without a single arrest. At the same time, the City finished 2016 with the lowest crime rate in nearly 40 years. Under the Trump administration, the Mayor has also stepped up to defend the values of the City of Brotherly Love. When the Department of Justice threatened to take away funding for Philadelphia police officers unless they acted as an extension of ICE, the City sued and won. The Mayor also kept Philadelphia’s commitment to the Paris Accord, and he created a World-Style Soccer Tournament called the “Unity Cup” to celebrate the city’s diversity and bring different neighborhoods together. Even though the federal government hasn’t provided additional resources to combat the opioid epidemic, the City still stepped up its commitment, cleaning up a heroin encampment and engaging 1,400 former residents for direct services, including housing and drug treatment. In his second year as Mayor, Philadelphia made significant strides in both criminal justice reform and education. The City reduced its prison population by nearly 20 percent as part of the MacArthur Safety and Justice Challenge, and the number of pedestrian stops were cut in half. Building on his administration’s early commitment to education, the Mayor recently launched an effort to return the School District to local control and to provide adequate financial funding resources for our teachers and students, so that every Philadelphian has a quality school in their neighborhood.

City of Philadelphia

Mayor

Keynote

Jim Kenney

Mayor, City of Philadelphia

Why This Matters

What You’ll Learn

All residents over the age of 16 are eligible to get the vaccine in Philadelphia. Now, the only thing that stands between the city and a full reopening is the willingness of citizens to get vaccinated and the hope workers feel safe when returning to the office. What does real estate need to do in order to help the city’s businesses and offices more rapidly reopen?
Like many U.S. cities, Philadelphia lost a large amount of tax revenue in 2020 and is hoping an influx of federal stimulus dollars will make up for the shortfall. Philadelphia’s current tax code is notoriously onerous for businesses, and while the wage tax cut in the next budget will be welcome, it isn’t the structural change some have called for. Does Philadelphia need to change its tax code in order to keep pace in the pandemic recovery?
Philadelphia is anticipating several projects on a scale rarely seen in the city. From Penn’s Landing to Schuylkill Yards and the Navy Yard to Northern Liberties, there is no shortage of large-scale construction either just getting started or about to begin. Can the city really pull off all of these concurrent projects?
The life sciences industry is booming in Philadelphia as it cements itself as a global hub for gene and cell therapy, placing sixth in Newmark’s latest ranking of U.S. life sciences markets. Just behind it on that list are its two closest neighbors: Maryland and New York. Can Philadelphia develop fast enough to continue to grow as other cities attempt to catch up?

How You’ll Do More Business Due to its location and affordability, Philadelphia has become an extremely popular destination for those able to relocate during the pandemic. The National CRE community has taken notice with Silverstein, Ensemble, Cantor Fitzgerald and Durst all working on active projects in the city. Find out more about why outsider interest has grown so much and how these projects will change the city.

Who You'll Meet: Developers, investors, city officials, engineers, architects, lawyers, accountants, GC's and brokers.

What Your Ticket Gets You: Digital summit tickets include two panels of content and access to three virtual networking opportunities including direct messaging with other attendees, the ability to request and host video meetings and three-minute video-enabled speed networking to make deals happen. Unable to attend live? Don’t worry, you will be able to access recordings of all panels for 30 days after the summit!

Agenda

Time	Activity
10:00 AM 10:30 AM	Pre-Event Networking Presented By Dynegy
10:30 AM 11:30 AM	Off-Center City While center city is desperate to get workers back in the office, other neighborhoods could be benefiting from this. South Philly, Northern Liberties and Fishtown have no shortage of activity and developers are betting big on them.
11:30 AM 11:45 AM	Keynote With Mayor Kenney
11:45 AM 12:35 PM	Center City's Recovery: The Impact of the Office Market on all of CRE The number of commuters to center city is down significantly from where it used to be. With foot traffic so low, retailers in center city have been struggling tremendously. With companies finding working from home many predict they will have flexible policies going forward. What impact will these flexible policies have on center city?
12:35 PM 1:25 PM	Why Philly: Capitalizing On A Population Boom While center city is desperate to get workers back in the office, other neighborhoods could be benefiting from this. South Philly, Northern Liberties and Fishtown have no shortage of activity and developers are betting big on them.
1:25 PM 2:00 PM	Post-Event Networking Presented By Dynegy