By now if you know us—or if you’ve been indulging us with these blog posts—you know we love and support 92Y. And you’ve probably heard about our series of exclusive real estate and architectural “Talks.”
Our last 92Y event was sold out, bringing the biggest names impacting New York City residential development center stage, discussing the trends and challenges impacting the New York real estate market. The panel, “Behind the Bricks: A Sneak Peek at Residential Development in NY,” featured Jeff Blau of Related Companies, Abby Hamlin of Hamlin Ventures, Jared Kushner of Kushner Companies and Steven Witkoff of Witkoff Group. David Kaufman, New York Post travel and real estate editor, moderated the Talk, and the guests were enthralled.
Topics ran the gamut from Billionaires’ Row, which Blau said is “more of a gamble than an investment” since this corridor is too dependent on interest from foreign investors who are easily deterred by turmoil in global market, to the highly-anticipated Hudson Yards, which Blau revealed will feature a $200 million sculpture in the public plaza that will “blow everyone away.”
Hamlin covered the topic of women in real estate, or more precisely the lack thereof in the development world, while Witkoff, while discussing the 421a tax abatement program, said “It took a lot of chutzpah” for Gary Barnett to use the program in his One57 project. As for Kushner, he answered questions regarding market correction and went on to praise Mayor Bloomberg for helping to diversify the economy and predicted that this “amazingly resilient city” will continue to see growth. The full video can be viewed here: http://92yondemand.org/behind-bricks-sneak-peek-residential-development-ny
Up next, on Monday, June 13, we will present “Transforming Spaces: Inside the World of Interior Design.” Some of New York’s most notable interior designers—including Jeffrey Beers, Founder and CEO at Jeffrey Beers International, Clodagh, Founder of Clodagh Design, Amy Lau, founder of Amy Lau Design, and Russell Groves, Principal At Groves & Co.—will discuss the leading trends and issues in the world of interior design with moderator Michael Boodro, Editor-in-Chief of Elle Décor magazine.
Be sure to get your tickets before this one sells out! Tickets can be bought here: http://www.92y.org/Event/Transforming-Spaces.aspx