“Sustainable Real Estate Development” Forum Presented by the
Center for Real Estate Studies at New York Law School
New York—The Center for Real Estate Studies at New York Law School will hold a free breakfast forum on “Sustainable Real Estate Development” focusing on the legal, financial, and public policy issues relating to sustainable development and green buildings in New York City on Wednesday, October 24 at 8:15 a.m. at the Law School, located at 47 Worth Street.
“Sustainable development is not just a passing trend, but rather, represents a fundamental shift in how we think,” said Professor Andrew Berman, Director of the Center for Real Estate Studies. “It is now clear that our man-made environment impacts our natural environment for decades (if not longer) into the future. As a result, municipalities, real estate developers, financial institutions, and others are quickly responding to the challenge by constructing ‘green buildings’ that are not only healthier for the people who use them and for the environment, but are also profitable. If we can show that it is possible to do good while also making money, sustainable real estate development will flourish.”
At the forum, co-sponsored by Stroock & Stroock & Lavan LLP, key players from the private and public sector will explore the challenges and opportunities in sustainable development and green building. The keynote speakers are:
Rohit Aggarwala, Director of the NYC Office of Long-term Planning and Sustainability within the Mayor’s Office of Operations. Aggarwala’s office is charged with creating a long-term sustainability plan to ensure New York City’s continued prosperity, growth, and health for the year 2030. On Earth Day 2007, PlaNYC was introduced. It involves 127 separate initiatives that include: housing an additional one million New Yorkers affordably; increasing access to parks, playgrounds, and open spaces; reclaiming brownfields; developing critical backup systems for the aging water network to ensure reliability; providing additional reliable power sources and upgrading existing power plants; and reducing water pollution so that waterways can be open for recreation.
Russell Albanese, President of the Albanese Organization, Inc., a Garden City-based real estate development and management services firm dedicated to creating buildings of distinction, quality, and architectural merit. The firm has earned worldwide acclaim for its pioneering accomplishments in urban sustainable development exemplified by The Solaire, America’s first environmentally responsible residential tower. Albanese is an active member of numerous real estate and sustainable development committees, including the New York Building Congress, the Environmental Business Association of NY, and the Real Estate Board of New York’s Sustainable Urban Development Committee.
E. Gail Suchman, Special Counsel, Environmental Practice Group at Stroock & Stroock & Lavan LLP. Suchman has over 25 years of experience in all facets of environmental and energy law and policy. She also teaches at Columbia Law School, Columbia’s School of International and Public Affairs, and is Senior Legal Advisor to the Urban Design Lab for Sustainable Development at Columbia’s Earth Institute. She works closely with real estate and industrial developers on traditional environmental and land use matters, as well as community outreach and green design, and advises on socially responsible investment. She co-authored Brownfields Basics: A Guide to Rebuilding Our Communities and has assisted in drafting brownfields legislation in several states. Suchman has also been involved in drafting efforts to revive and amend New York State’s now expired power plant siting legislation.
The Center for Real Estate Studies at New York Law School provides students with a unique educational opportunity to study both the private practice and public regulation of real estate. Leveraging the School’s location in the prime real estate market of New York City, the Center enables students to gain practical experience in the real estate community and make contacts for future employment. Launched in 2007, the Center offers an extensive selection of classroom courses, advanced seminars, and independent study projects, as well as externships in governmental offices and real estate firms. It also sponsors conferences, symposia, and continuing legal education programs on a broad spectrum of issues, including zoning and land use, environmental law, eminent domain, housing, the secondary mortgage market, and nontraditional financings. The Center for Real Estate Studies aims to help bridge the existing gap between the private practice and academic study of real estate, and will become one of the premier research centers in the country for the study of real estate.
About New York Law School
Founded in 1891, New York Law School is an independent law school located in lower Manhattan near the city’s centers of law, government, and finance. New York Law School’s renowned faculty of prolific scholars has built the School’s strength in such areas as constitutional law, civil and human rights, labor and employment law, media and information law, urban legal studies, international and comparative law, and a number of interdisciplinary fields. The School is noted for its seven academic centers: Center for International Law, Center for New York City Law, Center for Professional Values and Practice, Center for Real Estate Studies, Center on Business Law and Policy, Institute for Information Law and Policy, and Justice Action Center. New York Law School has more than 13,000 graduates and enrolls some 1,500 students in its full- and part-time J.D. program and its Master of Laws (LL.M.) in Taxation program. www.nyls.edu