LAS VEGAS: Cushman & Wakefield investment sales president and would-be NYC mayor, Paul Massey, was the toast of the 2016 ICSC convention in Las Vegas this week.
As he walked the floor of the Las Vegas Convention Center during the three day event that has drawn some 36,000 people this year, Massey was repeatedly questioned about his potential mayoral run by enthusiastic attendees.
The veteran broker has been tight-lipped about his future political plans since a news report earlier this year revealed he had launched a non-profit political action committee called 1NY Together.
But on Monday, he told brokers from Eastern Consolidated (and this reporter) “We’re doing it.”
He said a formal announcement would likely be forthcoming “in a month or so.” Massey also praised former mayor Michael Bloomberg for the way he ran the city, calling him “the model.”
Massey said he is “pro-everything and fiscally conservative,” and that he wouldn’t be comfortable running a negative campaign.
He is also focusing on becoming more well-known outside of the real estate industry and took advantage of the party circuit for which RECon is famous to shake some hands.
Work hard, play hard seemed to be the mantra of New York City’s real estate power players at International Council for Shopping Center’s annual conference.
Brokers walked the conference floor and took meetings during the day, and partied at some of the city’s top clubs at night.
Sunday night’s opening parties included SCG Retail’s bash at the Four Seasons Hotel, which featured celebrity impersonators working the crowd; RKF’s shindig at the Cabo Wabo restaurant at Planet Hollywood, which featured a live band and tasty hors d’oeuvres; and Lee & Associates’ party at Lavo at the Venetian.
Several companies held their parties on Monday night, including Cushman & Wakefield at the Four Seasons pool, JLL at Drai’s Beach Club at The Cromwell, and Acadia Realty Trust at The Chandelier at the Cosmopolitan.
But when they weren’t partying or sunning themselves by the pool, brokers were working on their current projects, looking to meet the right retailers, and making the all-important connections that define the conference.
“It’s like shooting fish in a barrel, I mean, everybody’s here from all over the place,” said Jodi Pulice of JRT Realty. “We’re all over the place and we’re hitting on everyone. It’s a great opportunity to meet a lot of people all in one place.”
One of JRT’s big leasing assignments is the retail at the Port Authority Bus Terminal (PABT). Kelly Simek of JRT works alongside Cushman’s Steve Soutendijk leasing the PABT retail, where they have around 150,000 s/f of space where they are working to renew current tenants and introduce new concepts. “We’re really trying to re-market the space and improve tenancy there,” said Simek.
Retailers Simek spoke with at the conference who were ambivalent about the bus terminal perked up when they heard that nearly 200,000 commuters pass through on a daily basis, and the broker is expecting several deals to close later this year.