Business Watcher’s Power Gala Attendees Have a Defiant Tone – Business Watcher



New York real estate royalty hasn’t had many opportunities to meet since the pandemic swept through the area 18 months ago.

But, few could pass up an invitation to chat with Properties of Silverstein Larry silverstein and fellow award winners at Commercial Observer’s 14th Annual Power 100 Gala on the evening of September 29 at 3 World Trade Center.

It was the first time many had seen Silverstein – pointing at No.8 on the list – in months, and he was delighted to see so many colleagues mingling on the magnificent 17th-floor terrace which offered a bird’s-eye view of his heritage. . on the other side of the street.

“I’m glad I came,” he said, admiring the 94 stories of A global trade center to his right, after hearing a lot of praise for him. “I’m sorry I didn’t have my mom here with me.”

The businessman, long known for resuscitating the World Trade Center complex, was in a provocative mood. He compared opponents warning that the city’s office market would not recover from COVID-19 with critics who claimed two decades ago that downtown Manhattan was dead after the devastation caused by the terrorist attacks of September 11.

“Failure to do so would have let the terrorists win,” Silverstein said. “Damn, that wasn’t going to happen. We were going to rebuild this place bigger and better than ever.

A year ago, few shared such a fiery sense of optimism, when the city was grappling with a catastrophic health crisis. The offices were emptied. Restaurants and businesses closed, some for good. And thousands of New Yorkers have completely left the city. It was a “dark moment”, editor of Commercial Observer Max gross Noted. Certainly not the time for parties and ceremonies.

But millions of New Yorkers have been vaccinated, the city has reopened all summer and some segments of the real estate market have broken sales records. Who could ask for anything more right now?

“Recovery is hard work,” Gross said. “It has been a long time. It has been a long time. But we’ll all be there to greet the dawn.

First, however, the guests enjoyed stunning twilight views as the sun set over the Hudson River. It was, like Scott Rechler, Chairman and CEO of RXR Realty, said, referring to Silverstein, “a night we will remember… at a beautiful location on a sacred site with an amazing person to honor.”

In addition to Silverstein, CO celebrated Rechler; Simon ziff, president of Ackman-Ziff Real Estate Group; and Mary ann tighe, CEO of CBREthe New York tri-state area; as well as its winners of the 2021 gala superlative prize, including JLL for equity and inclusion, Empire State Real Estate Trust for its greening efforts, and Silverstein Properties for its economic recovery efforts.

Drinking and partying while it was all happening were a large number of winners on the Power 100 and Power Finance lists that were released in May. The large firms were well represented: Tighe’s colleague at CBRE, Darcy stacom, made an appearance, as did other super brokers like Robert knakal by JLL (who also writes his column Concrete Thoughts for Commercial Observer); Bruce mosler of Cushman and Wakefield; Newmark‘s Barry gosin, David falk and Dustin Stolly; Avison Young‘s Mitti Liebersohn, James nelson and Arthur mirante; and SCG Retail‘s Chase Welles and Jacqueline Klinger.

Bankers, finance brokers and investors were also legion: bank of china‘s Anthony wong came, just like John adams of Community Bank of New York; Square mile‘s Jeff Fastov rubbed shoulders Walker & Dunlop‘s Aaron Appel, Keith kurland and Mo Beller.

A few residents from the outside also came for the event. Starwood Capital Group‘s Jeffrey DiModica travels from Miami to attend the rally, his colleague Dennis schuh came down from the Connecticut office, and Camber Creek‘s Jake Finger was from Washington, DC

Developers and owners were also in force: Silverstein colleagues Marty burger and Jeremy Moss were present, just like Jamestown‘s Michael phillips, HinesTommy craig and Oxford Property Group‘s Dean Shapiro (costs of $ 2.1 billion Google treat to St. John’s Terminal). Don Peebles assisted with his wife Katrina, Craig Deitelzweig of Real Estate Marx was there, just like black stone‘s Kenneth caplan, which took the # 1 spot on the Power 100 this year.

An array of other real estate bigwigs were also in attendance, from lawyers like Fried Franc‘s Jonathan Mechanic, to the board Turner and Townsend‘s Linda foggie, to architects like Skidmore, Owings & Merrill‘s TJ Gottesdiener, To Loan-lease‘s Melissa Burch.

New Yorkers, for the most part, still haven’t returned to their desks, but few executives in the increasingly festive crowd seemed worried.

Silverstein praised the progress made on 5 World Trade Center, a residential tower with 1,300 housing units, and 2 World Trade Center, the 80-story office tower that will eventually offer 3 million square feet for rent, as its peers have kept up its mantra of “just keep going” in the face of adversity.

“These spaces will again be filled with talent that hasn’t even arrived yet,” Tighe said.


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