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MaryAnne Gilmartin Live from the Cornell Tech Campus Part 1

EisnerAmper Real Estate Services Group Chair Ken Weissenberg chats with MaryAnne Gilmartin, President & CEO of Forest City Ratner, about the new Cornell Tech campus, building new neighborhoods in New York, and the Barclay Center.


Transcript

Ken Weissenberg: Hi. Ken Weissenberg partner at EisnerAmper Real Estate Practice group. I’m here with MaryAnne Gilmartin at the beautiful Cornell Tech Center which is under construction. MaryAnne, why don't you tell us a little bit about the Cornell Tech building, it's really incredible from what I seen so far.

MaryAnne Gilmartin: This is a project that is a really great example of place making, which is what we like to think we do. We really just don't put up buildings, we create places. So, we were selected by Cornell to create a campus, a really a new place on Roosevelt Island, and it is an academic institution. But it's much more than that because there's a residential tower going up beside this building, and we are building a building that's really the first of its kind-we call it “The Bridge”, and it's bridging the academic world with the commercial world. What Cornell's hope is, is that the institution will deliver some of the brightest entrepreneurial minds out of their academic program, and that those individuals will become entrepreneurs, startups, and part of larger companies inside the four walls of this building. So under a single roof we think a billion ideals will be launched inside of this building, and we're doing it by removing all the boundaries the physical boundaries, and the psychological boundaries that hold back innovation. So this is a building that will have co-working space; it'll have partial presence of Cornell Tech itself, and we're going to basically infill the other spaces with entrepreneurs, startups, incubators and larger corporate technology companies.


Kenneth Weissenberg CPA, Tax Partner in Real Estate Services, is experienced in tax saving strategies and negotiating sales and acquisitions. He represents owners of some of the most well-known real estate properties in New York City.

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MaryAnne Gilmartin Live from the Cornell Tech Campus Part 3

In the third segment of this interview, MaryAnne Gilmartin, President & CEO of Forest City Ratner discusses her start in the real estate industry and role as CEO, the importance of bringing on the right talent, and the growth of women in commercial real estate.


MaryAnne Gilmartin Live from the Cornell Tech Campus Part 2

In the second part of this interview, MaryAnne Gilmartin, President & CEO of Forest City Ratner speaks with EisnerAmper Real Estate Services Group Chair Ken Weissenberg foreign investors, building financing partnerships, creating a REIT to finance new projects, and how to identify the next frontier in development.