Real estate, hotel experts tout revitalization of city at CREW event

New York /
Oct.October 13, 2011 11:23 AM

Several real estate and hotel experts came together yesterday evening
at Citibank at 399 Park Avenue to discuss the roles of retail and
hospitality in New York City’s revitalization at a panel discussion
organized by the New York area chapter of the Commercial Real Estate
Women’s Network.

Barbara Champoux, immediate past president of the
CREW chapter and a partner at Crowell & Moring, moderated the panel
that included Riyaz Akhtar, executive vice president of development of
Hampshire Hotels & Resorts, Faith Hope Consolo, chairman of Prudential
Douglas Elliman’s Retail Group, Andrew Jackson, project manager of the
Hudson Companies and Amelia Lim, executive vice president of Jones
Lang LaSalle Hotels.

The panel also explored the short- and long-term
prospects for retail and commercial real estate in New York City, the
importance of hotels and retail in revitalizing the city’s
neighborhoods and retail and hospitality’s contribution to the city.
“Shopping is the number one activity for tourists in New York and
around the world,” Consolo said in a statement. “All visitors to New
York plan on visiting not only traditional retail neighborhoods along
Fifth Avenue, Madison Avenue and Soho,” Consolo added, but also
several emerging neighborhoods boasting a more diverse range of retail.
“And now many brands are taking spaces within hotels, making shopping
even more convenient!” — Miranda Neubauer


Related Articles

arrow_forward_ios
The price of a new home in China’s largest cities fell for the first time since 2015
New home prices in China’s largest cities fall for first time since 2015
New home prices in China’s largest cities fall for first time since 2015
Real estate powers Blackstone’s best quarter ever
Real estate powers Blackstone’s best quarter ever
Real estate powers Blackstone’s best quarter ever
Terreno Realty CEO W. Blake Baird and an aerial of the property (Google Maps)
Terreno Realty pays $44M for NJ industrial site
Terreno Realty pays $44M for NJ industrial site
Madison Realty Capital Co-Founders Josh Zegen and Brian Shatz with a rendering of the River North development (Madison Realty Capital, FXCollaborative)
Madison Realty’s altered plans for SI complex approved
Madison Realty’s altered plans for SI complex approved
Pandemic forces mom-and-pop landlord to sell out
Pandemic forces mom-and-pop landlord to sell out
Pandemic forces mom-and-pop landlord to sell out
PBC's Eli Elefant and 452 Fifth Ave (PBC)
Elefant’s PBC to liquidate $2B in US real estate, including HSBC building
Elefant’s PBC to liquidate $2B in US real estate, including HSBC building
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
SL Green CEO Marc Holliday, Chelsea Piers Fitness CEO David Tewksbury and One Madison Avenue (Getty, SL Green)
Chelsea Piers is coming to SL Green’s One Madison
Chelsea Piers is coming to SL Green’s One Madison
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...