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Focus Now Shifts to Strengths, Weaknesses in Emergency Plans

NEW YORK CITY-CB Richard Ellis conducted two informal surveys in the wake of the blackout that gripped the city and parts of the Northeast, Midwest and Canada last Thursday.

By Melissa Kress | Updated on August 22, 2003

NEW YORK CITY-The lights have been back on for about a week and now is the time for real estate firms and property managers to shore up contingency plans in the case of future emergencies—including blackouts.

Immediately following the blackout on Aug. 14, CB Richard Ellis conducted a survey to get “quick down and dirty” responses from the tenants in the buildings the firm manages. “We got positives and negatives with the intention of putting in any immediate patches we needed to in case there were any more blackouts,” says Gregg Popkin, head of asset services for CBRE.

The firm also conducted a long-term survey, or an analysis on its preparedness, he says. “We looked at anything systematic and we will develop case studies to learn from,” Popkin adds.

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