Burton Resnick talks shop

Burton Resnick, CEO of one of New York City’s largest property ownership firms, Jack Resnick & Sons, sat down with the New York Times for a one-on-one interview, published over the weekend. In it, Resnick talked about his latest project, a conversion at 250 Hudson Street that he said took just three months, and the New York City market recovery. “We have a real estate problem here in New York and throughout the big cities,” Resnick said, in reference to the down commercial and housing markets. Still, he argued that the U.S. faces bigger economic issues beyond housing. “[The real estate problem] pales in comparison to the problems that the country has as far as manufacturing is concerned and the overall unemployment rate.”

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