NEW YORK CITY—With the changing threat landscape for the commercial real estate operator, understanding ways to manage a crisis can keep a bad situation in check.

That's one of the many tips from Jeff Canfield, SVP and profit center manager for AIG. He spoke with GlobeSt.com about the ways in which having an effective disaster strategy can be effective in preventing a large settlement.

In the video, he also discussed:

  • How a mid-size company can meet their insurance needs;
  • Which speakers and consultants a property manager should have visit first;
  • The incidents are most foreseeable and damaging to a property owner; and
  • How real estate labor laws in New York City make construction, whether direct or through a tenant, potentially problematic.

To watch the full video, click the image above.

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Geoffery Metz

Geoffery Metz is the content manager for ALM's GlobeSt.com, Credit Union Times and Treasury & Risk. Before joining ALM, he spent several years overseeing the newsroom at the financial wire service Business Wire, with special focus on multimedia presentation for the web.