Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-”Maybe it’s about adjusting expectations,” Neil Rubler, CEO of Vantage Properties, told an audience of the Young Jewish Professionals Real Estate Council on Wednesday evening. Rubler (at far right) and his fellow panelists, all veterans of multifamily and the other commercial sectors, counseled patience, diligence and resourcefulness. “You need to look at what advantages you can get for your project,” said David Blumenfeld (second from right), VP of Blumenfeld Development Group, whose company saw the East River Plaza retail development through to completion over a 15-year haul. Low interest rates and tax credits worked in the project’s favor despite rent levels being challenged by the current market. Joining Rubler and Blumenfeld in the well-attended discussion were Henry Justin (at left), CEO of HJ Development, and Miki Naftali (second from left), president/CEO of El-Ad Properties. Ivan Kaufman, CEO of Arbor Realty Trust, moderated.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. Apartments 2020Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.