We’re Waiting on Congress

NEW YORK CITY-All eyes are on Congress. They’re the people who can disengage the economic growth if they drop the ball while tackling the so-called Fiscal Cliff. That was just one of the sentiments floated at an afternoon panel discussion at the Global Real Estate Conference, held Friday at the New York Stock Exchange and sponsored by the Wisconsin School of Business. Panel members were Ric Clark, CEO of Brookfield Office Properties; Jeffrey Schwartz, chairman of Global Logistics Properties and Robert Toll, executive chairman of Toll Brothers.

When asked if the macro indicators impact the micro issues . . . the business decisions these executives have to make, “We see an opportunity,” said Toll. “The macro indicators say its pedal to the metal on the micro issues.