News
STATE OF THE MARKET
September 15, 2009
| That’ll be the topic of our Bisnow Breakfast & Schmooze Thursday morning, featuring W&M president Tony Malkin, REBNY chief Steven Spinola, Jones Lang prez Peter Riguardi, CBRE legend Bob Alexander, First Service Williams chairman Bob Freedman, and Orrick real estate guru Marc Shapiro. [More info.] |
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| To give you a sneak preview, we asked Tony what he makes of leasing activity that’s picked up since May. His caution: The market is focused on landlords with stability. While headlines speak to rolling issues in mortgage foreclosures, financially sound owners with lender relationships are able to get financing—and there are many without any near-term maturities. As a whole, NYC remains a magnet for the best and brightest, he says. Hear lots more Thursday morning. (We’ll holding it at the spiffy NYC Bar Association ballroom across from the Algonquin on W. 44th, and, despite some glimmers of market optimism, we’re still doing it at recession-busting prices!Sign up now.) |
