More than 500 commercial owners, investors, developers and other real estate professionalscame together on April 1st for a full-day event focused on New York’s trends in operations, mid-sized property transactions, and financing for retail and office properties at the Massey Knakal Commercial Real Estate Investment Summit. The fourth annual event featured over 50 speakers, several panels, workshops and networking opportunities.
The morning keynote interview included Larry A. Silverstein, Chairman of Silverstein Properties, Inc., a Manhattan-based real estate development and investment firm that has developed, owned and managed 35 million square feet of office, residential, hotel and retail space. He spoke about the World Trade Center from start to finish and the growth of Downtown Manhattan. He gave insight into new technology for building development and why his firm is consistently ranked one of the best places to work.
Before his keynote interview with Massey Knakal Partner James P. Nelson, Larry Silverstein was presented with the Massey Knakal Lifetime Achievement Award which is awarded by the firm to an individual who has made outstanding contributions to the real estate industry.
“New York City, the real estate community, and our company are eternally grateful for all Mr. Silverstein has done for the industry and our community. He is an example for us all to persevere in challenging times and to have faith in our city. His charitable endeavors urge all of us to do our parts,” said Massey Knakal’s James Nelson.
The afternoon keynote presentation featured Joel Picket, Chairman and Chief Executive Officer at Gotham Organization, Inc., and its wholly owned subsidiaries including Gotham Construction. The presentation highlighted his leadership role in the fourth generation company and his philanthropic work.
Additionally, addresses were given by Haim Chera of Crown Acquisitions, Michael Happel of American Realty Capital New York Recovery REIT, Albert Laboz of United American Land, Scott Rechler of RxR Realty, and Jonathan Resnick from Jack Resnick & Sons. Bob Knakal, Chairman of Massey Knakal, gave an expanded market update to the audience with an inside look at the commercial real estate industry.