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Fernando Escobar

UW Real Estate Club Heads to the Big Apple

by Fernando Escobar Thursday, November 20, 2014

What a trip! Sitting down and reflecting on the Real Estate Club’s trip to NewReal Estate Club NYC 2014 York City, I am reminded of just how awesome of an experience it was. Our first evening in the Big Apple consisted of dinner with several Graaskamp alums in Manhattan – nothing against Ian’s Pizza in Madison, but a slice from Aperitivo’s in New York City is tough to beat.  After having eaten my weight in pizza, a few of us hopped in a cab and caught the last seven innings of game seven of the World Series.  As a die-hard Giants fan, this was amazing game!

The next day started early and lasted well into the afternoon.  Zach Zanolli and Duffey Phelps, the Real Estate Club Co-Presidents, put together an awesome schedule for us. The highlights were many, but visiting the World Trade Center and having a chance to tour Tower 4 was impressive and very memorable.  We also toured two separate developments spearheaded by the Toll Brothers, 400 Park Avenue South and Pierhouse at Brooklyn Bridge, both were great site visits.

Our last day in NYC we toured Hudson Yards, which is the largest private real estate development in the history of the United States and the largest development in New York City since Rockefeller Center.  Developers anticipate that more than 24 million people will visit Hudson Yards every year and the site will ultimately include more than 17 million square feet of commercial and residential space.  It’s clear that when the project is complete, Hudson Yards is going to be an absolute jewel of New York City. 

Real Estate Club 2014 NYCWe ended the day meeting with Ryan Freedman of the Corigin Real Estate Group.  Corigin is currently working on projects in New York and Miami. Ryan was very generous about sharing his insights on not only the architecture of each project, but the financing and soft skills that are vital to a project’s success.  

We want to thank our generous alumni and friends of the Wisconsin Real Estate Program that were key to making the trip happen were:  Fred Cooper, Greg Reed (MS 1988), Shampa Bhattacharya (MS 2002), Katie Bergen (BBA 2009), Brian Berry (BBA 1989), Alexis Block (BBA 2003), Mike Gerdes (MS 1986), John Kiernan (MS 1987), Robert Karner (MS 1989), and Marc Warren (BBA 1985).