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February 7, 2009
GREG DAVID WAITS FOR BOTTOM
Real Estate Bisnow
Despite the headline, this publication is "BIS now" not "Bi's now" as you might have thought. And AREW is the Association of Real Estate Women:
You didn't think Bisnow would forget about lunch, did you? We stopped by AREW's event yesterday at 101 Park to hear keynoter Greg David, editorial director of Crain's New York Business (with AREW prez Jennifer McCool of Moynihan Station Venture and Crain's Jill Kaplan). He's determining NYC's bottom by watching three things: Atlantic Yards, particularly the court's ruling on eminent domain and how Forest City Ratner will finance the project; West Side Rail Yards' delay and whether Related will close on the project; and his friend Mike, who moved from Merrill Lynch to a hedge fund—if he keeps his job, it means that the financials will get through this market.
Posted by amy at February 7, 2009 11:34 AM