Turmoil Brings NYC Stability to the Forefront

NEW YORK CITY-With the current challenges that exist in this questionable time period, the local market–for some time–seemed like it might get through relatively unscathed, compared to other areas in the country. But with recent financial turmoil here causing further market uncertainty–including Lehman Brothers’ Chapter 11 filing, the takeover of Merrill Lynch, and the bailout of American International Group Inc. –local executives are beginning to question how long and how severe the slowdown will be in the Manhattan market.

Incisive Media’s seventh annual RealShare New York, held Sept. 25, 2008 at the Roosevelt Hotel here, will address these issues and many others, including what is in store for 2009. The day-long educational forum, which is expected to draw more than 400 attendees, will cover topics including the myriad of trends, patterns and associated challenges and opportunities in the New York City real estate spectrum.

Conference agenda highlights include: a keynote from Robert Lieber, Deputy Mayor for Economic Development; a Town Hall Meeting, to focus on the state of the market; and a one on one with investment sales broker Doug Harmon on Eastdil Secured, who will discuss what it has taken–and what it will take–to get deals done