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Henry Wollman, the director of the Newman Institute, is the founder of Union Equities Ltd., a real estate development company that has pioneered public-private partnerships for mixed-income, subsidy-free housing developments in Westchester. He serves as the overall journal editor, focusing on private- and public-sector development issues. Willard McIntosh serves as Properties’ real estate finance editor. The immediate past president of the American Real Estate Society, Mr. McIntosh is the Managing Director, Research for Prudential Real Estate Investors, and a professor of real estate finance with a Ph.D. from the University of North Texas. Ellen Posner serves as Properties’ urban affairs editor. The former architectural and urban critic for the Wall Street Journal, and a writer on urban issues for publications ranging from the Atlantic Monthly and ARTnews to Quaderns d’Arquitectura i Urbanisme and the journal of the United Nations Development Programme, Ms. Posner wrote the introduction to Cities in our Future (Island Press, 1997). Contributing Editors and the Editorial Board Additional editorial comment is shared with the exofficio Contributing Editors, and with the Editorial Board. The four Advisory Board members include the chair of the Newman Institute Board, the respective deans of the School of Public Affairs and the Zicklin School of Business at Baruch College, City University of New York, and the assistant director of the Newman Institute.. The Editorial Board, still in formation, serves as both an additional resource for ideas and for review of particular articles and features. This Board will be divided proportionately among real estate professionals in industry and government, and academicians. The City University of New York, with its enormous depth of faculty engaged in research and teaching in matters related to real estate and urban development in the New York metropolitan region, forms a core of the academic component of the Board. Properties intends that other professional and academic institutions be represented. The Steven L. Newman Real Estate Institute Review 7
Schedule and Themes Properties will be published three times per year, following the cycle of the three annual public events sponsored by the New York Real Estate Forum, the conference arm of the Newman Institute. The Forum sponsors, each fall, the Finance Conference, dealing with a key issue in real estate finance; each winter, the City Roundtable, a venue for bringing together senior real estate professionals from the private and public sectors; and each spring, the Development Conference, concerned with an emerging important arena in real estate development. All three events, while not focused exclusively on the New York metropolitan region, will use New York as the prism through which other local, national, and even international real estate issues are better understood and evaluated. Properties will carry an edited transcript of the proceedings of each conference. The transcripts will appear in close congruence to each real estate forum, creating both an ongoing working document for immediate discussion among industry and government policy makers and citizens at large, and a longer-term record of real estate issues and policy viewpoints. Properties will also include two additional sections as standard features. The first, entitled Research Notes, presents applied academic research-in-progress in real estate and related urban issues, some especially commissioned by the Institute. The second, entitled Public Notices, is a source for primary information on new private- and public-sector-generated development initiatives, finance issues, and public policies, and their effect on metropolitan New York real estate. For this preview issue, the editors present significant excerpts from the 1997 City Roundtable, which focused on the future of the central business district of the city—Manhattan south of 96th Street, assessing it from commercial, residential and retail perspectives. Guidelines for Contributors The editors will solicit manuscripts from real estate development, finance and design professionals in both the private and public sectors, and from academics engaged in research on relevant aspects of real estate. Prospective contributors in forwarding manuscripts should be mindful of the rhythm of a year’s Properties A PREVIEW 8
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