Execs talk about who’s “smoking dope” at REBNY gala

Despite the tanking economy, the Real Estate Board of New York managed to nearly pack the house at its annual banquet last week. The Real Deal‘s Jen Benepe was there to talk to some of the major players in the room, including Cushman & Wakefield CEO Bruce Mosler, Related Companies Chairman Stephen Ross, CBRE powerbroker Darcy Stacom, and Durst Organization head Douglas Durst. Click on the link below to hear what they think about when residential and commercial activity will pick up, what the impact of the Madoff scandal has been on New York City real estate, why “being a real estate developer today is a lot like an oxymoron” and why those who think now is the time to develop in New York must be “smoking dope.”