New York City
RXR CEO and Chairman Scott Rechler, in a recent ULI members-only webinar with ULI Foundation Chair Faron A. Hill, described the challenges and opportunities ahead as an epic, unavoidable storm. “That hurricane … eventually, it’s going to hit land,” Rechler warned. “The question is when it hits, how hard it hits, and where it hits the hardest.”
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Supertall creates a “palpable energy” that speaks to New York’s resilience and the future of cities
Industry pressures abound to decarbonize existing buildings, and some geographies and asset classes make it more challenging than others. This is particularly the case for tall buildings in cold climates keen on decarbonizing their heating system as part of a larger retrofit plan. What technologies are best for the retrofit? How do owners make the projects pencil out financially? Has anyone done these projects before, or do owners face first-mover risks?
A close look at trends shaping today’s best economic and talent hubs that offers valuable clues into how to create equitable, sustainable innovation districts that prosper.
Ten projects deliver compact residential spaces that offer more affordable city living options, foster community, and minimize environmental impacts.
This was the resounding conclusion from two Homeless to Housed (H2H)-hosted programs during Urban Land Institute (ULI) springtime meetings. Furthermore, former Secretary of State Hilary Rodham Clinton echoed this call to action in her ULI Spring Meeting plenary presentation during which she advocated for New York City to create more affordable housing immediately to sustain its vitality as a world-class city for all people.
The third and final capital markets panel held during ULI’s Spring Meeting, in New York City in early March, focused on borrower experiences. Kyle Bolden, senior audit partner in the Real Estate Hospitality & Construction practice of Ernst & Young, moderated a panel on raising equity amid ongoing market uncertainty. The panelists were Brian Mutchler, managing director of Harrison Street; Jerome Nichols, president of Standard Real Estate Investments; and Jeff Rosen, a principal of Mag Partners.
Eight years ago, the landmark Paris Agreement kicked off a worldwide campaign to reduce carbon emissions. The targets set were big: slash emissions by 45 percent by 2030 and be net zero by 2050. So far, the world is not making enough progress on those lofty goals, and the progress that has been made has been very unevenly distributed. Experts from major real estate firms, including Boston Properties, CBRE, and Community Preservation Corporation, drove home the net zero transition’s importance during a panel discussion at the 2024 ULI Spring Meeting in New York City. They talked about the costs of getting to net zero, what lenders and owners are doing to get there, and the risk of not addressing climate change.
Women in leadership roles was the theme of a discussion during the 2024 ULI Spring Meeting in New York City. Kelly Nagel, who was recently named Head of Residential at EDENS, an owner and operator of mixed-use properties nationwide, hosted a fireside chat with Nancy Lashine, founder and managing partner at Park Madison Partners, a New York-based boutique advisory and capital-raising firm.
Real estate developers across the United States and around the world are under pressure to cut the amount of carbon their activities put into the atmosphere.
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