Attendees Gear Up for a Robust ICSC New York

Now is a great time to plan for redevelopment, Josh Poag, president & CEO of Poag Development Group, tells GlobeSt.com. “This is the time to get your ducks in a row to be able to pull the trigger on redevelopment when the entitlements are in place and construction costs have stabilized or come down,” he says. “It is also a great time to acquire some great real estate, with the potential for redevelopment.”

So Poag is heading off to the ICSC New York trade show and conference, being held this week on Wednesday and Thursday. He’ll be joined by scores of other retail executives from all points of the table, hoping to get a sense of what is happening with retail both now and in the future. Macroeconomic concerns are also subjects he is looking forward to discussing. “The biggest factors affecting all of us right now are macro issues like inflation and interest rates,” he says. 

Poag also expects he will be able to network as well as pick up industry scuttlebutt about possible redevelopment deals. 

“There is no better place to get a better understanding of what is happening and what expectations are for next year than New York City,” he says. ”We have a full schedule this year meeting with financial partners to discuss expectations for 2023 and potential acquisition and redevelopment opportunities.”

Deal-making is also an important element of this trade show. Indeed, the ICSC events are renowned for the connections and transactions that are made in its hallways and conference rooms. 

Another conference-goer will be Spencer Jordan, senior vice president of Leasing at Steiner + Associates, who plans to have several meetings with current and potential retailers who are looking to expand into the Midwest. “It’s a great opportunity to connect with industry contacts and friends ahead of the New Year,” she tells GlobeSt.com. 

GlobeSt.com will be covering the event so check back later this week for additional coverage.