April Monthly Membership Highlights
In case you weren't there, here's what you missed:
Discussion: Ideas for our Strategic Planning Retreat
The Strategic Planning Retreat is schedule for Wednesday, May 7, 2014 3pm to 8pm.
This the first of multiple strategy meetings and we are just starting to "peel the onion" of NYREC's potential. Many terrific ideas came out of last night's focus group including:
- How can we promote joint ventures more amongst our membership?
- Can NYREC broaden its focus beyond public/private deals and look at private-only deals, including joint ventures?
- Can we be a top tier developer? The opportunities beyond NYC allow for this--upstate, CT and NJ
- Can we bring back the Senior Developer Program?
- What about a strategy to deal with unions and union shops?
- What are the best ways to provide technical assistance for the members?
- Can we address issues related to suppliers and identify more suppliers as part of our strategy?
The agenda is still evolving so if you have ideas please email them directly to Peter Fontanes ASAP by clicking here. We want this to be fruitful and inclusive so PLEASE don't delay and send him your ideas right now.
It looks like we're going to have a great planning day on May 7th so be sure to mark your calendars now!
Emerging Leaders and Markets Conference
Planning for our first annual conference continues and the conference program was presented, as follows:
MORNING PLENARY SESSION
City Executives Perspective of the Market: City agency executives, legislative committee chairs and members of the development community will comprise a panel to discuss the many new and emerging opportunities for development across the city.
MORNING BREAKOUT SESSIONS
- Capital Providers View of the Market: From Equity to Debt: What is going on in the world of an equity/ debt investor? What are the development requirements? What are the costs? Who is lending? What sectors are they interested in?
- Opportunities in School Expansion: Learn about the expansion plans at New York University, Columbia University and the State University of New York, as well as the opportunities available for each one.
- Non- Profit Development in the 21st Century: Leading nonprofit community development corporation executives will speak on strategies, successes and challenges in modern day development.
LUNCHEON AND AWARDS CEREMONY
Keynote Speaker: R. Donahue Peebles, The Peebles Corporation
Exel Awards Ceremony honoring Commissioner/CEO Darryl C Towns, President/CEO Paul Williams, former Commissioner Matt Wambua.
AFTERNOON PLENARY SESSION
Opportunities Outside of New York City: Tri-State agency executives, legislative committee chairs, and members of the development community will discuss the new and emerging opportunities across the tri-state region.
AFTERNOON BREAKOUT SESSIONS
- Prominent Women of Real Estate: Women in real estate comprise a dynamic panel to discuss leadership, accomplishments, challenges, representation, inequities, and more.
- Joint Ventures Built for Success: In this session weâ€™ll detail how to structure and negotiate joint ventures that work across disciplines and trades.
- Opportunities in Hospitality and Retail: Throughout the city and state opportunities are emerging in commercial development, especially in hospitality and retail. This panel delves right into them and points you in the right direction to find them.
FINAL PLENARY SESSION
Meet the Deal Makers: We end the day with an exciting panel of leading deal makers to offer guidance and inspiration.
â€œBUILDâ€ - Roof Top Networking: Held at the terrace of the Faculty House overlooking beautiful Morningside Heights and Upper Manhattan.
Byproducts of conference planning are two Fall course offerings sponsored by NYREC:
- Best Practices in Raising Equity
- Developing Developers
Along with a format for our September monthly meeting which will be in Albany, NY.
With conference program planning near completion, it's time to turn our attention to...
ELM Conference Sponsorships
On Monday, April 28th look for a special email blast with a conference template to use to help leverage your relationships for sponsorships, attendance, and more.
If you know of a potential sponsor, or have ideas of firms to approach for sponsorship, please contact the NYREC Chair, Gordon Bell, immediately. You can reach him at by email at email@example.com or by phone at 914-830-4339.
Livonia Phase II RFP
Livonia Phase II has been announced. Those of you interested in Joint Ventures with other NYREC members contact me ASAP. Don Eversley from Bridge Street Development expressed an interest in partnership.
NO WORK ZONE Social Event
Thursday, May 8th
105 Reade St, New York, NY 10013
Current list of invitees: HPD Commissioner Vicki Been, Council Member and Housing Chair Jumanee Williams, Karen Phillips/HFA, Sam Ramirez of Samuel Ramirez & Co, someone from HUD, and several bank community development cheeses. The list is still formulating though.
The NO WORK ZONE format means no shop talk--just good networking and fun while developing new relationships. It was a big hit with the policy makers and the members last time because everyone was able to hang out, relax, and enjoy some fellowship.
Comments? Suggestions? Corrections? Please email Manny Burgos directly by clicking here or calling me at 347-564-0973. Thanks for being a member of NYREC!!!