NEW YORK CITY—Effective communication comes in many styles. At a forum “Game Changing Ideas and Best Practices Among Leading Dealmakers,” Time Equities chairman and CEO, Francis Greenburger, minced no word in his videotaped message to the mayor.
After criticizing the high number of vacant retail spaces and pointing to costly real estate tax bills, Greenburger pointedly said, “The mayor needs to recognize his very important, very useful and commendable social programs are coming from the money that the real estate industry in New York provides. So, he'd better take care of us or the golden goose … the golden goose isn't feeling so well today.”
Paul Massey, Jr., the president of NY investment sales at Cushman & Wakefield, who ran against Mayor Bill de Blasio, was the keynote speaker at Wednesday's event produced by CollabNet and Ellipsis, LLC, at the Pillsbury law firm. Massey's message to the mayor was to “get out and listen.” He emphasized New York City has a very challenging situation with the middle class suffering from a housing crisis.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
