The 9th annual Brooklyn Real Estate Summit

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The 9th annual Brooklyn Real Estate Summit

Friday, March 8, 2019 - 7:45am to 3:00pm

Overview

GreenPearl is excited to announce the return of the Brooklyn Real Estate Summit presented by JLL for its 9th year. On March 8th, Brooklyn’s most active developers, investors, owners, and operators gather to explore new opportunities and resolve key obstacles in one of New York City’s most complex real estate markets.

Don’t miss the opportunity to hear from Brooklyn’s most dynamic players, including Michael Stern, CEO of JDS Development Group, and Scott Rechler, CEO of RXR, two of the borough’s most active and influential real estate leaders. Among their many notable works, Stern is currently developing what will be Brooklyn’s tallest building, and Rechler has plans for a 10-building redevelopment just outside the Navy Yard.

Special features of this year’s conference include:

  • Detailed analysis of Brooklyn’s recent development and investment activity
  • Emerging opportunities in overlooked / underserved neighborhoods
  • Discussion of challenges facing Brooklyn office, retail, hospitality and industrial
  • A renewed focus on multifamily residential, both condo and rental
  • Inclusion of “Brooklyn North” (Long Island City) in this year’s program
  • Closed-door, peer-to-peer roundtables for select participants

 

For more information: The 9th annual Brooklyn Real Estate Summit

 

Speakers

Organizer / Producer

Sponsors

Contacts

RegistrationScott MillikenCall (646) 862-9912
SponsorshipAmber CollinsCall (646) 783-3937

Agenda

Friday, March 8, 2019

7:45 AM

Networking Breakfast

8:30 AM

New Tax Policy Updates: Opportunity Zones, Cost Segregation & Energy Tax Credits

9:00 AM

Welcome Remarks

9:05 AM

Morning Keynote: Michael Stern, Managing Partner, JDS Development

As one of New York City’s most active real estate developers, Michael Stern is no stranger to tackling big projects. 9 Dekalb, the tallest building ever to be built in the Brooklyn skyline, is one of them. During a candid keynote discussion, hear from Mr. Stern on the significant challenges and hard-won lessons attached to structuring a project of this magnitude, what 9 Dekalb represents for the borough, what did investors see in the project, and how real estate developers can execute projects that transform Brooklyn without sacrificing the rich details that make it one of the most unique places to live, work and thrive.

9:35 AM

A Brooklyn Market Update Presented by Bob Knakal, Chairman, Head of NY Investment Sales, JLL

Bob Knakal will present the current state of the Brooklyn market, comparing and contrasting trends across the borough with Manhattan, Queens, the Bronx and similar hot sub markets. Bob will delve into key trends on transactions, financing, development, condo sales and rental rates. Get the skinny on the key metrics affecting your real estate business.

10:05 AM

The “311”: Local Players Discuss the State of the Market

While Brooklyn’s red hot real estate market of 2013-2015 have come and gone, the forecast remains strong. With culturally diverse neighborhoods, energetic residents, increasing incomes, unique landmarks and access to public transportation, the borough continues to be an attractive market for investors and developers. New large-scale projects and neighborhood expansion are strong indications of vast untapped opportunities, yet the market isn’t without its challenges. Sky high land prices, stagnating rent prices and steep construction costs are creating a difficult investment and development environment. Hear from leaders who own, invest in and develop residential, office, and retail assets as they share their perspectives on the current state and future forecast of Brooklyn’s real estate market.

  • Too Much of a Good Thing: What are the positive and negative effects of mega-projects upon nearby real estate and infrastructure?
  • Build It and They Will…Think About It: What works / doesn’t work in the Brooklyn office market today?
  • Under Retailed: Which retailers should you seek out for your space in today’s challenging retail marketplace?
  • The Next “Big Thing”: How do you take advantage of Opportunity Zones before the door closes?
  • Uneasy Relationship: How do you make the most of government and community relations?

10:45 AM

Networking Break

11:30 AM

Around the Corner: Neighborhoods on the Rise

With Manhattan’s diminishing development opportunities and increasing land costs, many real estate investors are eyeing Downtown Brooklyn and Williamsburg for new opportunities. Meanwhile neighborhoods like Long Island City, Greenpoint, Ditmas Park, Crown Heights Prospect-Lefferts Gardens and Bedford-Stuyvesant have seen a large increase in buying and renovation activity, but new opportunities bring new obstacles. Hear from key players in Brooklyn real estate as they share their thoughts on key challenges, such as:

  • Amazon HQ1.5: What does Amazon’s new “headquarters” mean to Long Island City and Brooklyn?
  • Brooklyn North: Where are the best deals to be found in Long Island City?
  • Needles in Haystacks: Which neighborhoods have the highest growth potential?
  • Stand Clear of the Closing Doors: What can we expect in terms of infrastructure and transportation improvements?
  • The Bedrock of Brooklyn: How to take advantage of neighborhood strengths?

12:15 PM

The Residential Review: The State of the Rental and Condo Market

Brooklyn’s rental market is brimming with concerns – elevated land costs, softening prices, concessions and construction headaches, among others. Nonetheless, real estate developers keep building, as new apartment units enter the market and large-scale projects continue to be announced. Tap into compelling insight from the borough’s leading residential developers and investors, and put your finger on the pulse of the rental and condo markets and what’s on the horizon for Brooklyn in 2019, 2020 and beyond.

  • Breaking the Glass Ceiling: What does going over the 1 million home price average mean to the condo market?
  • I Concede: How aggressive should you be to win new rental tenants?
  • On the Ground Floor: How do successfully integrate retail into your building?
  • Living in Harmony: How can developers work together with the community to create a perfect “Brooklyn” experience?
  • Developing a Better Bottom Line: What are developers doing to keep costs down?
  • GoFundThis: How equity and debt sources view Brooklyn residential today?

1:00 PM

Networking Lunch

1:15 PM

Afternoon Keynote: Scott Rechler, CEO, RXR

With nearly 2 million square feet of development in the pipeline, few developers have a more active presence in Brooklyn’s real estate market than RXR. Join market legend Scott Rechler as he dissects his perspective on Brooklyn’s development forecast and discusses his future projects. The session includes a compelling look at Mr. Rechler’s major redevelopment of LIU’s campus in Downtown Brooklyn, a 300+ residential unit in Fort Greene, a 650k sf 470 Vanderbilt office building and the 10-building creative office hub across from the Brooklyn Navy Yard.

1:45 PM

Closing Remarks & Networking Reception

Michael Stern Managing Partner JDS Development Group
Scott Rechler Chairman & CEO RXR Realty
Scott Rechler is the Chief Executive Officer and Chairman of RXR Realty LLC (“RXR”), a multi-billion dollar private real estate company which was formed subsequent to the sale of Reckson Associates Realty Corp (“Reckson”) to SL Green in January 2007, one of the largest public Real Estate management buyouts in REIT history. View Profile
Chris Conlon EVP, Chief Operating Officer Acadia Realty Trust
As Executive Vice President, Chief Operating Officer, Mr. Conlon is responsible for investments in retail, mixed-use and urban redevelopment opportunities for the Company, in both existing and new markets. In addition, he is responsible for the design and implementation of leasing strategies for Acadia. Mr. Conlon joined Acadia with over 20 years experience in the retail real estate and development industry. Prior to joining Acadia, Mr. Conlon was a Partner at Ripco Real Estate Corporation, responsible for the leasing and development/redevelopment of neighborhood centers, vertical urban retail centers, and mixed-use properties with retail components. Mr. Conlon received his B.A. from the State University of New York at Stony Brook and his J.D. from St. John's University School of Law. View Profile
Jared Della Valle Co-Founder & CEO Alloy LLC
Jared Della Valle has been a real estate professional and architect for more than 18 years and has managed the acquisition and predevelopment of more than 1 million sf in New York City along the Highline, In the Hudson Yards and in DUMBO, Brooklyn. View Profile
Bruce Eichner Chairman Continuum Company
Eli Karp Founder & CEO Hello Living
Since founding Hello Living in 2005, Eli has built a cohesive and effective team of professionals, established a network of proprietary relationships with real estate professionals, vendors, institutional lenders, and investors, as well as created a brand that is associated with innovation and class. As CEO and Fund Manager, Eli oversees all aspects of Hello Living’s business operations and creative process. With an instinct for identifying investment opportunities and an innovative approach to pioneering emerging markets, Eli has developed ten buildings under the Hello Living brand, which have achieved some of the highest sales and rental prices in their respective class. Currently, there are another six projects in the pipeline. A self-made successful businessman and investor from a young age, Eli’s ventures have included creating a publishing company and investing in FCC licenses for cell towers when he was 21, which he later sold to jumpstart his general contracting company in 2002. Eli discovered his passion for real estate development when he began constructing luxury single-family residences under his general contracting company, which he later expanded into Hello Living. Eli has been honored to speak at various professional conferences, including the Massey Knakal’s 2013 Brooklyn Real Estate Summit and BisNow’s 2014 Brooklyn New Development Frontier, amongst other industry leaders. During his reception of the Young Jewish Professionals Development and Achievement award, Eli was called, “a quintessential example of entrepreneurial boldness.” View Profile
Benji Kohn Partner Brooklyn Standard
Harry Kotowitz Owner HK Organization
Andrew Moelis Principal Camber Property Group
Robert Nelson President Nelson Management Group
David Schwartz Principal Slate Property Group
David Schwartz brings many years of experience in buying, developing and operating real estate across the United States to his role at Slate Property Group. He currently runs all development and construction of those projects for Slate Property Group and shares responsibility for all acquisitions and investment decisions. Prior to founding Slate Property Group, David co-founded two different development firms that focused on residential and mixed use development in New York City with a focus on Brooklyn. Collectively his development projects are valued at approximately $1 billion representing over 900 residential units. Prior to starting his own firm, David worked at Crescent Heights where he was involved in the development of over 3,000 apartment and hotel units throughout the United States. David started his career at JP Morgan as an investment banking analyst. David graduated from Syracuse University with a Bachelor of Science in finance. View Profile
Jonathan Simon Founder, Chairman & CEO Simon Baron Development
Jonathan H. Simon has been investing in, asset managing and renovating real estate since 1987. He first entered the real estate business with The Donald Zucker Company and then formed Simon Development Group in the early 1990's. Mr. Simon began as a general contractor and subsequently commenced acquiring and renovating both residential and commercial space on his own account.
Bob Knakal Chairman, Head of NY Investment Sales JLL
Mr. Knakal is Chairman, New York Investment Sales of Cushman & Wakefield. Previously, he was Chairman and Founding Partner of Massey Knakal Realty Services, New York’s #1 building sales firm. He has graduated from the Wharton School of Business at the University of Pennsylvania with a Bachelor of Science degree in Economics in 1984. View Profile
Andrew Chung Managing Principal Innovo Property Group
Regina Myer President Downtown Brooklyn Partnership
Stephen Palmese Vice Chairman JLL
Prior to his role at JLL, Stephen was Vice Chairman at Cushman & Wakefield where he received numerous awards for production and origination. Earlier, he was Partner at Massey Knakal Realty Services, which was acquired by C&W in 2014. As a thought leader in New York City real estate, Stephen is often quoted in publications such as Commercial Observer, Wall Street Journal, The Real Deal, Bisnow and GlobeSt. View Profile
Andrew Barrocas CEO MNS
Andrew Barrocas has enjoyed success as a dominant force and respected authority in the New York City real estate industry for many years. In his accomplished career, he has sold over $5 billion worth of property, and managed, trained, recruited and collaborated with the city’s top agents and brokers. As CEO and Founder of MNS, Andrew is currently overseeing more than 4 billion dollars worth of real estate and over 4,000 units coming to the market, as well as an exceptional team of talented agents focused on providing the utmost level of client service. View Profile
Mike D’Onofrio Managing Director Engineered Tax Services
Michael has a strong background in the energy industry. Prior to joining Engineered Tax Services as a Director focused on Green Energy Tax Benefits for clients, Michael was a Partner at Treasure Coast Capital Partners, specializing in renewable energy and real estate development and he was also the founder & COO at NewGen Technologies And ReFuel America. View Profile

Conference Chair

Sponsor

Organizer / Producer

New York Marriott at the Brooklyn Bridge
333 Adams St.
Brooklyn, NY 11201
United States
 

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