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CRE® Annual Convention 2024

September 28, 2024 - October 1, 2024

CRE® New York: Be a Part Of It!

Kimpton Eventi Hotel 851 6th Ave New York , NY 10001

REGISTER NOW        RESERVE YOUR HOTEL       

Schedule of Events

= CLOSED EVENTS
= TICKETED EVENTS

 

Friday, 9/27

6:00PM – 8:00PM: New Jersey and New York Metropolitan Chapter Reception

Empire State Building

Saturday, 9/28

Noon – 4:00PM: Development Tour

 

New York Waterway Boat Tour

Join your local CRE experts, Keenan Hughes and Bill Kinn, for a beautiful cruise spanning the Hudson River, East River and New York Harbor. We will view landmarks, real estate developments, and enjoy the spectacular city of New York…from the water!
2:30PM – 5:00PM: Mini Consulting Corps Project I

 

Bushwick Abbey

Iglesia de la Santa Cruz and Bushwick Abbey, two Episcopal congregations, share space in Brooklyn and serve Latinx neighborhood residents and area artists and young creative professionals. The 100+ year-old two-story church building is in poor condition. The congregations would like to build a new structure to meet their needs and serve the community. Partnering with the hospital across the street has been the focus; however, the project is stuck. Join leaders from Bushwick Abbey and the Episcopal Diocese as part of this mini-Consulting Corps assignment to offer Counselor creative problem-solving to address Bushwick Abbey’s questions.

 

5:15PM – 6:00PM: New Member Reception

Kimpton Hotel Eventi

6:00PM – 8:00PM: Welcome Reception

Kimpton Hotel Eventi

(Ticketed for Spouse and Guest Registrants)
Kick off the Convention at the Kimpton Hotel Event in bustling Manhattan and home to The Counselors’ 2024 Annual Convention. Join fellow CREs and guests for cocktails and hors d’oeuvres and catch up! Afterward, grab a friend or two and enjoy a night on the town!

Sunday, 9/29

8:00AM – 8:15AM: Welcome Address

 

8:15AM – 11:00AM: General Sessions

 

8:15AM – 9:00AM: Global Cities in an Era of Change: From New York, Tokyo, Sydney, London and Beyond
This array of real estate experts from across the globe will bring their expertise and viewpoints to New York, highlighting their diverse real estate markets and economic components. How are various factors – from geopolitical issues to climate change to demographic changes – affecting markets around the world?


9:15AM – 10:00AM: Economic Advisory Council: The Point Counterpoint Debate of the Year
It’s the 2024 sequel to The Counselors’ top-rated session at its 2023 annual convention. If you don’t know the members of the CRE® Economic Advisory Council, you should. This stellar group of American and European advisors will captivate you in this point-counterpoint presentation. The interpretations and opinions of our experts may surprise you—but will definitely not bore you.
10:15AM – 11:00AM: Top Ten Issues Affecting Real Estate: The Big Reveal
Future Tense. Novel Thinking. Provocative. The 2025 Top Ten Issues Affecting Real Estate® will be unveiled at the CRE Annual Convention. These issues are determined through polling, discussion, and debate among Counselors. Hear the “why” behind each transformative trend in this compelling presentation of the signature thought leadership initiative of The Counselors of Real Estate.
11:15AM – 12:30PM: Business Issues Forums (five breakout discussions)

 

I. Artificial Intelligence: Disruptors and Complements to the Commercial Real Estate Industry

 

II. The Challenges of Appraising

III. The Challenges and Opportunities in Retail Today

 

IV. Today’s Residential Issues: From Affordable Housing to Property Conversions

V. Sustainability/ESG Discussion: New Standards and Stranded Assets

 

12:45PM – 2:00PM: Welcome Luncheon

 

Past Chairs’ Luncheon

Kimpton Hotel Eventi

2:15PM – 5:00PM: Development Tours (For business registrants)

 

II. 911 Memorial/World Trade Center Walking Tour: A Day in the Life of Jim!

Enjoy a stroll around Jim’s office – 7 World Trade Center and get a sense of the area and all the little nooks and crannies nearby. Maybe grab a slice of pizza and stop for a beer by the WTC beer garden!

 

III. Grand Central Terminal and SUMMIT Experience

This Tour will blend in-depth information, local insight, illuminating stories, plenty of discoveries, and fun with a Guide whose forte is New York’s fascinating history and cultures. End the tour by experiencing SUMMIT – atop Midtown Manhattan’s Tallest Skyscraper.

 

IV. High Line
Tour Guide: TBD
The High Line is a public park built on an historic freight rail line elevated above the streets on Manhattan’s West Side. Community residents fought for the High Line’s preservation and transformation at a time when the historic structure was under the threat of demolition. The design team of landscape architects James Corner Field Operations, with architects Diller Scofidio + Renfro, created the High Line’s public landscape. Enjoy a walking tour of this remarkable development.

 

V. Great Crashes of Wall Street

New Yorker and fellow commercial real estate professional, Richard will take this group on an insider’s view of New York ‘s Wall Street – a walking tour of The Capital of Capitalism. Wall Street is more than a symbol of finance, it’s a real street with real people. Rich in symbolism as well as rich in riches, it’s an international symbol, known around the world.

 

VI. Walking Tour: East and West Villages

Travel by foot for a true city neighborhood tour with great views and a relaxed overall feeling. With an expert local guide by your side you’ll get real insight into the Big Apple, exploring hidden hangouts and local color as well as those must-see icons.

 

VII. Walking Tour: From Hudson Yards to the High Line

In 2011, this area was full of smelly garbage trucks, school buses, old warehouses and an active train yard. Most of it is gone now but the train yard is still there, covered up and on top of it is the most expensive real estate project in American history borrowing its name – Hudson Yards. The whole neighborhood was developed from scratch as sort of a Museum of Architecture! It’s constantly growing and transforming. This is the place to be right now to see the mythical ever-changing NYC.

 

VIII. Garment District

Walk through the garment district for a tour of Midtown, including Times Square, the New York Public Library, Grand Central, 5th Avenue and Rockefeller Center

 

IX. Walking Tour: Statue of Liberty & Ellis Island

The Statue of Liberty and Ellis Island are the two most iconic symbols of New York City’s diversity. Ferry from Battery Park where you will take the ferry to Liberty Island. Your local expert Tour Guide will share the history of the Statue and Ellis Island, as well as show you some hidden treasures.

 

X. Walking Tour: History and Architecture of Manhattan

Walk with your Tour Guide, Bill, and hear how the city’s neighborhoods grew and were affected by changes in transportation and shipping, how city planners moved for changes that would benefit them and their businesses – and how their businesses began to be outmoded when the world of the internet gained primacy. Downtown Manhattan is like the root, and midtown like the flower – but we’ll see how both are blooming now!

 

XI. Bus Tour: A Drive Thru NYC’s History
Tour Guide: TBD
Embark on a Tour of New York City where you’ll explore the best of the Big Apple. Our guided bus tour takes you to iconic landmarks, hidden gems, and must-see attractions, all in one comprehensive package. From Times Square to Central Park, Rockefeller Center to Battery Park. You’ll see Manhattan with a live licensed guide who will give you the inside scoop and details of the city’s rich history. Sit back, relax, and take a journey through the vibrant streets of NYC.

 

FREE EVENNG
Look for ideas from your local CREs!

Monday, 9/30

10:00AM – 3:00PM: Spouse/Guest Tour

 

Whitney Museum Tour with Lunch

The Whitney Museum of American Art is a modern and contemporary American art museum located in the Meatpacking District and West Village neighborhoods of Manhattan. The Whitney focuses on collecting and preserving 20th- and 21st-century American art. Its permanent collection, spanning the late-19th century to the present, comprises more than 25,000 paintings, sculptures, drawings, prints, photographs, films, videos, and artifacts of new media by more than 3,500 artists. It places particular emphasis on exhibiting the work of living artists as well as maintaining institutional archives of historical documents pertaining to modern and contemporary American art, including the Edward and Josephine Hopper Research Collection (the museum is the largest repository of Edward Hopper’s artwork and archival materials in the world), the Sanborn Hopper Archive, and the Arshile Gorky Research Collection, among others. Participants will enjoy a private tour of Edges of Ailey – the first large-scale museum exhibition to celebrate the life, dances, influences, and enduring legacy of visionary artist and choreographer Alvin Ailey (b. 1931, Rogers, Texas; d. 1989, New York, New York). This dynamic showcase—described as an “extravaganza” by curator Adrienne Edwards—brings together visual art, live performance, music, a range of archival materials, and a multi-screen video installation.

After touring the Museum, enjoy a group luncheon.

8:15AM – 9:00AM: Opening Keynote Speaker

 

TBD
8:15AM – 12:30PM: General Sessions

 

9:00AM – 9:45AM: Debt Capital Markets Panel


Join us for an exciting and energetic panel discussion with CRE Debt experts as they explore the latest trends, challenges, and opportunities in the CRE (debt) capital markets. This session will focus on the following topics:

  • Market Trends – Discover the current demand drivers in the industrial and multifamily sectors, and learn how the office and retail spaces are evolving to meet new tenant needs
    Economic Insights – Gain a deeper understanding of how inflation, interest rates, and potential regulatory changes are impacting the capital markets
    Capital Flows – Learn how the current market disruption has impacted how capital flows into CRE from domestic and international capital sources
    Technology and Innovation – Explore how technology is providing a deeper analysis of CRE data and how it impacts the capital markets
10:00AM – 10:45AM: Institutional Investment Risks and Opportunities: Shifting Investor Sentiment and Market Concerns

 

Commercial real estate has become a global institutional asset class, yet it is increasingly competing against private equity for dollars. This exceptional panel will share strategies for raising and deploying capital, insight on lender priorities and borrower objectives, the risks and opportunities in institutional investment, and why investor sentiment and concerns about the market are shifting.
10:45AM – 11:30AM: Office Outlook: A Fireside Chat

 

In this candid conversation, widely recognized New York City icon William Rudin will share how to maintain a long-term approach when investing in real estate. The Rudin Management Company portfolio is comprised of more than 10 million square feet of commercial office space and more than 4 million square feet of residential buildings. Mr. Rudin will share the guiding principles that have served the company well for 100 years and four generations.
11:45AM – 12:30PM: An Economist’s Perspective

 

What is the long-term truth for the U.S. economy and commercial real estate? Take this opportunity to go beyond the numbers and hear from a leading and widely quoted real estate economist as Mark Zandi shares his predictions on economic indicators and what they could mean for your business in 2025.

 

12:45PM – 1:30PM: Member Luncheon

 

2:00PM: Development Tours and Mini Consulting Corps II

 

XII. 1 Penn Plaza: The “Experience Room”

Punctuating the Manhattan Skyline, PENN 1 is a Class-A, 55-story tower of over 2.5 million square feet, providing breathtaking 360-degree views of the entire city. Positioned directly above Penn Station, the PENN District and its surrounding neighborhoods played an iconic role in the city’s history and plays an important role in shaping the city’s future. Vornado Realty Trust is a preeminent owner, manager, and developer of office and retail assets and is the real estate industry leader in sustainability policy. This is reflected in the various features of PENN 1. Your Tour Guides are uniquely positioned to share their exclusive perspectives as to the design and construction of this development.

 

XIII. 160 Water Street: Manhattan’s newest waterfront neighborhood

This Development Tour will introduce you to the Seaport’s most anticipated rental residences, welcome to Pearl House – 160 Water Street – Manhattan’s newest waterfront neighborhood. 160 Water Street is a 30-story office-to-residential conversion and expansion in Manhattan’s Financial District. Designed by Gensler and developed by the Vanbarton Group, the project involved the construction of six additional floors within the original 24-story structure and converting its 525,000 square feet of office space to yield 588 rental units in studio to two-bedroom layouts. Representatives from the Vanbarton Group, a privately owned, vertically integrated commercial real estate investment and advisory firm, spearheaded this development and will take you through a behind-the-scenes tour.

 

XIV. 270 Park – JP Morgan

270 Park Avenue, the new JPMorgan Chase tower, is an iconic project on the East Side of the Midtown neighborhood of Manhattan in New York City. The building’s steel frame was erected over the last three years by more than 300 Local 40 iron workers as well as hundreds of engineers, crane operators and construction workers using more than 93,600 tons of US-made steel. The structural steel used is 93% recycled and 100% recyclable, making it a prudent construction material choice. Enjoy a behind-the-scenes tour of this newly constructed 1,388-foot, state-of-the-art skyscraper.

 

XV. High Line
Tour Guides: Frederica Sigel and Karen Jacob
The High Line is a public park built on an historic freight rail line elevated above the streets on Manhattan’s West Side. Community residents fought for the High Line’s preservation and transformation at a time when the historic structure was under the threat of demolition. The design team of landscape architects James Corner Field Operations, with architects Diller Scofidio + Renfro, created the High Line’s public landscape. Enjoy a walking tour of this remarkable development!

XVI. Hoboken Terminal and Rail Yard

LCOR, an integrated build-to-core, transit-oriented, multi-family operating company, will be leading a tour of a redevelopment site associated with New Jersey Transit’s Hoboken Terminal and Rail Yard. The goal of the project is to create a world-class mixed-use, transit-oriented development via public and private partnership.

 

XVII. Hudson Yards
Tour Guide: Noel Velez, Vice President Customer Experience, Hudson Yards at Related Companies
Hudson Yards is the largest private real estate development in the history of the United States. Today, tens of thousands of people work in, visit and call Hudson Yards their home. The neighborhood includes approximately 12 million square feet of commercial and residential space; dozens of shops; a collection of restaurants; thousands of residences; The Shed, a new center for artistic invention; 5 acres of public gardens and groves; and a luxury hotel. Noel Velez will give you a behind the scenes Tour of this development.

 

XVIII. World Trade Center

Silverstein Properties has developed, owned and managed more than 40 million square feet of office, residential, hotel, retail and mixed-use properties. Best known for the redevelopment of the World Trade Center, the firm focuses on large-scale, complex development projects that enhance neighborhoods. Your colleague, Tino Korologos, CRE, has created a unique tour of the development and history of the Trade Center.

 

Mini Consulting Corps Project II: Middle Collegiate Church

Middle Collegiate Church has been worshiping in the lower Manhattan community for nearly 400 years. The church is about to begin construction to rehabilitate the 7th Street building (Phase 1 project). The Phase 2 project – for which Counselor assistance is requested – will address the Second Avenue parcel. They aim to advance their calling to “uproot injustice, eradicate poverty, care for the brokenhearted, nurture the planet, and build the reign of God on earth.”

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6:30PM – 10:30PM: CRE® Celebratory Dinner with the CRE® Band Sound Counsel

City Winery


Enjoy an evening of cocktails, dining, and dancing to the CRE Band Sound Counsel at New York’s City Winery, a unique venue that is an adaptive reuse development with elegant décor, beautiful old wooden beams, and original brick. We will celebrate the Counselor organization and thank 2024 Chair Tony DellaPelle, CRE, for all of his contributions.

 

Tuesday, 10/1

 

7:30AM – 8:30AM: Budget & Finance Committee

 

9:00AM – 10:45AM: Executive Committee

 

11:00AM – 12:30PM: Board of Directors
Open to all CRE® members and guests.
12:30PM – 1:00PM: The Counselors’ Annual Membership Meeting

Open to all CRE® members and guests. NOTE: Governance Meetings are scheduled to conclude by 2P EST.

 

DRESS CODE
General Sessions – Business Casual
Development Tours – Comfortable Walking Shoes and Perhaps a Light Jacket
CRE Dinner – Casual Elegant