I am a nationally recognized economist, researcher, and strategist in the field of commercial, institutional real estate and development and finance. I am currently providing consulting services and performing speaking engagements via the Lakemont Group. I formally served as the head of research and investment strategy for Skanska USA Commercial Development, the US investment and development arm of the multinational construction and development giant, Skanska AB. I remain in academic service as… Read More
One of the best parts of being a professor at NYU is getting to mentor graduate and undergraduate students seeking to enter or move up in the world of institutional and commercial real estate. When a student sits down in my office, I almost always start with the same question, “what do you want to do?” For some, the answer comes quick and easy with a high degree of certainty and confidence while others… Read More
This is Part 2 of a multi-part series on the Top Trends and Market Opportunities for the 2020s. See Part 1 here, which explains the project. Amazon just cancelled its plans to co-locate an “HQ2” in Long Island City, Queens; a decision that has set off a firestorm of debate and politically fueled anger at those who championed its demise. I am personally disappointed for all New Yorkers, it would have been a… Read More
The World Is Getting Better and Better Yet We Think It’s Falling Apart
As the ten year anniversary of the bankruptcy of Lehman Brothers approaches, I find myself asking, what have we learned in these interesting ten years? The week of September 15, 2008 was incredibly significant for the economic history of the world, it was when the reality of the depth of the financial crisis that spurred the Great Recession became undeniable and universally evident. It was also personally very significant; it was the… Read More
If you are New York focused, then Hong Kong might as well be the other side of the world. Still, it feels just a connected to NYC as any other city in the world, and just as reachable (with the help of a 16 hour nonstop flight!). When I am asked about real estate prices in the United States, and specifically New York, I am always drawn to Hong Kong for a… Read More
When opportunity presents, take it. This has made my life interesting and fun. Risk is just part of the deal!
Good morning America! I’m guessing you are either deep in terror or in the throws of celebration right now since this fun election season is finally over (BTW, read to the end for some insight into what happened on election night….). Either way, you need a vacation! May I recommend Lake Placid, Florida in Highlands County?
Congrats to the Chicago Cubs winning the World Series! I’m not a big Cubs fan, but they are one of my few favorite MLB team I will root for since my father and I went to many games at Wrigley Field when I was younger. Now for what this post is really about, photographing Chicago.
In March of 2015, I visited the 9/11 Memorial at the World Trade Center site in NYC. I had not visited the area for many years, and it was not what I expected. The area felt more “touristy” than a place of tragedy. Still, there was no way to miss the magnitude of the location. I captured this photo of a single white rose set on the names of victims with the… Read More
After a perfect 0-12 season, the UCF Knights have made an infinite improvement by winning their home opener against South Carolina State 38-0! The real game for UCF this season is winning an invitation to join the Big XII. Joining a major conference not only means a lot for the athletic program, but the university as a whole. For some amazing reason, even academic reputation is influenced (insert SEC joke here). So… Read More