UPDATED, April 7, 2020, 11:30 a.m: Silverstein Properties CEO Marty Burger tested positive for coronavirus last month.
Burger said his symptoms showed up soon after his annual ski trip to Vail, Colorado in early March, which some of the biggest names in real estate attend, according to Commercial Observer. But the majority of people who went on the trip did not get sick, he said.
Burger described having fairly mild symptoms of the virus, including having a fever and aches and pains. He has already recovered and was released from quarantine last Tuesday, Burger told The Real Deal.
Burger is not the only big name in real estate to have contracted the virus. Developer Sharif El-Gamal had also been diagnosed with it, as had Nest Seekers International CEO Eddie Shapiro.
Both executives are now recovering from the virus. But others have not had the same experience. Stanley Chera, one of the city’s largest retail landlords, has fallen into a coma after contracting Covid-19. And the Corcoran Group’s Marc J. Goodman died in late March.
In a recent interview with The Real Deal, El-Gamal said, “This pandemic has proved to us that we might not need all this real estate. And there needs to be other uses for it.” [CO] — Eddie Small
Correction: Due to an error in the source article, this article previously stated the ski trip was in Park City and that Burger was released from quarantine last Friday. The trip was in Vail and he was released last Tuesday.