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NYU Schack School Dean Is Seeing Strong Signs of Recovery

NEW YORK CITY-Rosemary Scanlon, who will speak at RealShare New York on Oct. 8th, is seeing big positive moves in development and in hiring.

By Rayna Katz | Updated on September 12, 2013

NEW YORK CITY-It was just the first week of school when GlobeSt.com‘s Rayna Katz caught up with Rosemary Scanlon, dean of the NYU Schack Institute of Real Estate but—by several indications—the industry already was looking like a bright place for students’ futures. The Dean will address one of the more important indicators of growth at RealShare New York on October 8th when she presents information on development.

In the meantime, Scanlon had some thoughts on the matter. “New York City has recovered faster than any other part of the country,” she said. “Bank rescues by Washington, DC were largely of our banks, and the fact that tourism has kept up, cultural facilities have stayed strong, and there’s been great residential development throughout the city—especially in the boroughs—makes a difference too. Once banks see this, development projects are ready to roll.”

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