NEW YORK CITY-When Dennis Yeskey, founder and managing director of Yeskey Real Estate Consulting & Investment, made a list of commercial real estate predictions for 2011, he gave himself an ‘A’ in most categories. Except for one. “Government action,” he said. “I was dead wrong.”
That’s why, this year, he advised the city’s best and brightest female CRE leaders at NYCREW’s “Global Trends in the 2012 Real Estate Capital Markets” event on Wednesday evening to watch out for Dodd-Frank legislation and new industry regulations that could effect commercial real estate.
"We’re looking at a Presidential year and a backlog of regulations, so if you’re a bank, now you’re going to be subject to them," he said.
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