Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—rose 3.1% from December to a seasonally adjusted annual rate of 4.00 million in January.
Panel to Discuss Future of NY Region’s Commercial Real Estate Market on Sept. 7
NEW YORK—With rising interest rates, historic inflation and global economic uncertainty, all eyes are on commercial real estate. What will this mean for demand and value? Will commercial real estate remain a hedge against inflation? What’s next for the New York market? The Fordham Real Estate Institute and The Business Council of Westchester will bring together leading industry experts Wednesday, Sept. 7 to delve into the data, weigh in on CRE’s long-term viability, and share intel to help business professionals navigate the volatile landscape and succeed in a changing market.
The virtual conference, “Economic Outlook and Forecasting the New York Region’s Real Estate Market,” is the latest in a series of events REI and BCW have partnered on to focus on the hottest topics shaping the real estate industry. The conference will take place on Sept. 7 from 9 a.m. – 10 a.m. via Zoom. The Presenting Sponsor for the event is Wells Fargo and the Supporting Sponsor is Westchester County. Contributing sponsors include the Hudson Gateway Association of Realtors and Simone Development Cos.
The program will feature a panel discussion moderated by Dr. Marsha Gordon, president and CEO of The Business Council of Westchester. Richard Haggerty, chief executive officer of the Hudson Gateway Association of Realtors is scheduled to deliver opening remarks at the conference.
Panel participants are:
- Kathleen Corton, CEO, CIO and managing partner, Hillcrest Finance LLC
- Eamonn D’Arcy, professor of International Real Estate, Henley Business School, England
- Christopher Deutsch, vice president, China CITIC Bank International Limited
- Charles Dougherty, vice president and economist, Wells Fargo
- Timothy M. Jones, CEO, Robert Martin Company, LLC
- Nicole LaRusso, Senior Director for Research & Analysis, U.S. North Region, CBRE Group Inc.
“This has been another unprecedented year for so many business sectors, including real estate, with escalating economic uncertainty coming on the heels of a global pandemic,” said Dr. Anthony R. Davidson, dean, Fordham University School of Professional and Continuing Studies. “Our goal at the Fordham Real Estate Institute is to bring together the sharpest minds to ensure we are at the forefront of the latest trends and prepared to lead the way forward. The BCW has been the ideal partner in that effort, and we look forward to hosting another spectacular event.”
“As always, we are delighted to partner with Fordham University and bring together such an impressive panel of industry leaders to share best practices for navigating an ever-changing landscape,” said the BCW’s Gordon. “As we look to the fourth quarter and beyond, it is critically important to have these in-depth and engaging conversations to ensure our business and real estate communities are well-positioned to tackle the challenges and remain poised for continued success.”
To register, go to: https://us06web.zoom.us/webinar/register/WN_aAW-3wk4QeqA54Z-oOKTSA