Spring Symposium 2018: Infrastructure & Real Estate
Joint Conference on Infrastructure and Real Estate
Center for Real Estate Finance Research
NYU Stern Infrastructure Finance Initiative
Wednesday, April 25, 2018
NYU Stern KMC 2-60
"The Infrastructure and Real Estate Nexus: Three Case Studies"
Infrastructure Investment and Real Estate are closely linked. Infrastructure initiatives are catalysts in the economic development process, often with major external benefits that are reflected in the productivity and returns on both physical and human capital on and accelerating growth. Infrastructure can fundamentally alter the economics of real estate investments, on the one hand, while real estate development creates the need for and value of infrastructure. This inter-dependence is well understood by investors, policymakers and academics, and there is a rich body of applied research to draw on. This conference will delve into three recent cases of joint infrastructure-real estate dynamics in order to draw out many of the key lessons. These cases are: The Second Avenue Subway, The Dakota Access Pipeline Project, and the Panama Canal Widening.
Clive Lipshitz, Managing Member, Tradewind Interstate Advisors
2:00 - 3:30 PM
Co-Chairs: Harry Chernoff, Clinical Professor of Information, Operations and Management Sciences, NYU Stern