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As the city’s geographical center and New York’s largest commercial real estate submarket, Midtown holds its position as one of the most viable and best-served office locations in the world. However, Midtown isn’t resting on its laurels. Owners are finding innovative ways to appeal to the market’s ever-evolving tenant mix as leasing activity is driven from a wider group of industries. But, with competition from less expensive options like Hudson Yards and Downtown, Midtown now has vast amounts of shadow space coming to market which is creating both opportunity and concern. Join Commercial Observer as our expert panelists dissect Midtown and its many submarkets, including: Leasing and sales activity New ground-up developments and newly revitalized properties How rezoning will affect Midtown moving forward Challenges and opportunities Midtown owners anticipate near-term What's new in Midtown as a live/work/play destination What's next for midtown? FEATURED SPEAKERS David A. Falk, President New York Tri-State Region Newmark Knight Frank Kenneth Fisher, Partner Fisher Brothers Marc Holliday, Chief Executive Officer SL Green Realty Corp. Robert T. Lapidus, President and Chief Investment Officer L&L Holding Company, LLC Scott Rechler, Chairman & CEO RXR Realty LLC Jonathan Mechanic, Chairman, Real Estate Department Fried Frank (MODERATOR) Michael Zetlin, Co-Founding Partner Zetlin & De Chiara LLP (MODERATOR) AGENDA 7:30 AM | Networking Breakfast 8:15 AM | Opening Remarks 8:30 AM | Grand in Demand: A Sit Down with Scott Rechler and Marc Holliday These two titans of real estate have not shied away from Midtown, even as new office stock has risen Downtown and on the Far West Side; in fact they've doubled down. Together, RXR’s Scott Rechler and SL Green’s Marc Holliday have bought a large stake in One Worldwide Plaza. But they've also been pumping money and resources into their own projects like 75 Rockefeller Plaza and One Vanderbilt. In this panel they explain their respective visions for why Midtown remains the lodestar for the rest of Manhattan and why thanks to recent events like the Midtown East Rezoning others might want in on their vision. 9:30 AM | The State of Midtown: Renovations, Relocations and Rebuilding After a very long struggle, last year a deal was reached to rezone Midtown East. With the average age of office buildings approaching 80 years old, it was the shot in the arm development needed. But what happens now? Our panel weighs in on who's renovating their property, which tenants have been relocating out of the neighborhood and what landlords are doing to persuade them to stay, and whether ground-up redevelopments like 425 Park Avenue and 270 Park Avenue will lead to a whole generation of office buildings reinventing themselves. 10:30 AM | Closing Remarks CANCELLATIONS: This ticket is non-refundable. Substitutions, however, may be made at any time by emailing [email protected]
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75 Rockefeller New York NY UShttps://www.eventbrite.com/e/3rd-annual-midtown-forum-tickets-44451866730?aff=ebapi
Type: Eventbrite