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PROPERTY VALUES AND THE TALENT CLASS

By ARTHUR ROSENFIELD

New York City is THE CENTER OF CREATIVITY AND CULTURE.

That makes it THE CENTER OF ENTREPRENEURISM AND FREEDOM.

Creating value takes VISION.

Vision takes knowledge. NYC has been built to expose and transfer knowledge.

PROPERTY VALUES AND THE TALENT CLASS

By ARTHUR ROSENFIELD

New York City is THE CENTER OF CREATIVITY AND CULTURE.

That makes it THE CENTER OF ENTREPRENEURISM AND FREEDOM.

Creating value takes VISION.

Vision takes knowledge. NYC has been built to expose and transfer knowledge.

For many years, offices and hotels across the city were the bedrock for fusion of knowledge, experience, imagination, and entrepreneurism. The city was ground zero for creation of a lightening storm of ideas. THE NEXT BIG THING comes from that lightening storm. Twenty four hours a day, seven days a week, that lightening storm is setting fire to old ideas and replacing those old ones with new ones.

The demand to be part of that lightening is what creates the unduplicateable value of NYC. It can not be replicated. Some may leave, but the parade of new, inspired talent will fill the vacancies.

Government today is NYC’s biggest problem. It does not understand the concept of incentives. Instead, it designs disincentives and punishments.

This must change. The people reading this must insist on supporting investment not making errors of judgment.

ROSENFIELD'S Hierarchy of Needs for City Recovery

#1 RETURN OF CONFIDENCE IN PHYSICAL SAFETY

• Safe streets. SAFE Subways: and Neighborhoods

#2 RETURN OF QUALITY OF LIFE

#3 INTENSE FOCUS ON CHILDREN

• LADDERS OF SUCCESS FOR CHILDREN

• EDUCATION

#4 INCENTIVES. ENCOURAGEMENT. COLLABORATION AND ENCOURAGEMENT

• Intolerance for drugs and crime

#5 WORK TO BUILD AND BE PART OF NYC AS A SENSE OF PRIDE

• Homes, Community, and Culture to suport strong families.

#6 VOTE and ELECT a Government that Supports pursuit of happiness and business.

• Path to a Relationship Pot

#7 Attract The Talent Class

#8 Atteact Tourism and Business Meetings

#9 Access to Capital

#9 Lead and Govern by Example

We need to focus on WHY people want to come back to NYC, not constantly feed the open arms of Florida, Tennessee, Texas, and South Carolina.

DEMAND drives the VALUE of PROPERTIES and PEOPLE.

New York City is a BEACON OF OPPORTUNITY throughout the world. The BEST, most talented people want to come here to be in the greatest concentration of talent on the planet.

It is the center of VALUE CREATION for PEOPLE.

This DEMAND to be here is what creates a resilience in PROPERTY VALUE.

The talent class wants to be in NYC. The financial class wants to be in NYC.

In February 2013 I hosted and ran a two day Community Symposium for stakeholders to learn about PLACE-MAKING. I followed it with a series of "BREAKFAST OF CHAMPIONS" and Luncheons over the following months. The impact of this was huge.

It's the people who say "I want to be at the top of that list". "I want to be with the people who are at the top".

It is leaders like those in CollabNet, organized by Harry Dublinsky, who will make a stronger voice to unite those with a stake in VALUE. The stakeholders of the city are key.

Thats what creates the best restaurants and theatre. This is also the basic driver of tourisms to NYC.

That is what I helped to do in Long Island City / Astoria through the Chamber of Commerce I founded there. Through PLACE-MAKING that I brought to LIC with help from David Wilk, we created "a story" that resulted in the LIC’s RENAISSANCE…and a major new skyline along the East River.

In 2013, when I ran those series of Symposiums on Place-making and social value creation in Long Island City, there were just the Citicorp and Citylights buildings there. The lesson learned was that you could bring stakeholders together and create a story that attracts investment and the talent class. We are at a point in time when CollabNet business leaders and professionals can facilitate this same positive inertia to accelerate the rise of NYC from the incredible issues it faces.

That is why understanding the importance of “PLACE-MAKING” and the “Creative Class” to driving real estate demand is essential today, since the most important decision in people’s lives today is where they choose to live. Communities that recognize this new market paradigm, and develop innovative real estate and “PLACE-MAKING” strategies targeting the “Creative Class,” will capture more than their fair share of future market demand, economic growth and new jobs.

As business leaders, consider these thoughts on property VALUE and the future of NYC with the attention being paid, and budgets being established to support the flood of illegal immigration…or can a government and city stakeholders manage both.

POSTED BY

ARTHUR ROSENFIELD

646-920-4652

Arthur@CityEntree.com

SFBDG.cityentree.com

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PROPERTY VALUES AND THE TALENT CLASS

PROPERTY VALUES AND THE TALENT CLASS

By ARTHUR ROSENFIELD

New York City is THE CENTER OF CREATIVITY AND CULTURE.

That makes it THE CENTER OF ENTREPRENEURISM AND FREEDOM.

Creating value takes VISION.

Vision takes knowledge. NYC has been built to expose and transfer knowledge.

PROPERTY VALUES AND THE TALENT CLASS

By ARTHUR ROSENFIELD

New York City is THE CENTER OF CREATIVITY AND CULTURE.

That makes it THE CENTER OF ENTREPRENEURISM AND FREEDOM.

Creating value takes VISION.

Vision takes knowledge. NYC has been built to expose and transfer knowledge.

The demand to be part of that lightening is what creates the unduplicateable value of NYC. It can not be replicated. Some may leave, but the parade of new, inspired talent will fill the vacancies.

Government today is NYC’s biggest problem. It does not understand the concept of incentives. Instead, it designs disincentives and punishments.

This must change. The people reading this must insist on supporting investment not making errors of judgment.

ROSENFIELD'S Hierarchy of Needs for City Recovery

#1 RETURN OF CONFIDENCE IN PHYSICAL SAFETY

• Safe streets. SAFE Subways: and Neighborhoods

#2 RETURN OF QUALITY OF LIFE

#3 INTENSE FOCUS ON CHILDREN

• LADDERS OF SUCCESS FOR CHILDREN

• EDUCATION

#4 INCENTIVES. ENCOURAGEMENT. COLLABORATION AND ENCOURAGEMENT

• Intolerance for drugs and crime

#5 WORK TO BUILD AND BE PART OF NYC AS A SENSE OF PRIDE

• Homes, Community, and Culture to suport strong families.

#6 VOTE and ELECT a Government that Supports pursuit of happiness and business.

• Path to a Relationship Pot

#7 Attract The Talent Class

#8 Atteact Tourism and Business Meetings

#9 Access to Capital

#9 Lead and Govern by Example

We need to focus on WHY people want to come back to NYC, not constantly feed the open arms of Florida, Tennessee, Texas, and South Carolina.

DEMAND drives the VALUE of PROPERTIES and PEOPLE.

New York City is a BEACON OF OPPORTUNITY throughout the world. The BEST, most talented people want to come here to be in the greatest concentration of talent on the planet.

It is the center of VALUE CREATION for PEOPLE.

This DEMAND to be here is what creates a resilience in PROPERTY VALUE.

The talent class wants to be in NYC. The financial class wants to be in NYC.

In February 2013 I hosted and ran a two day Community Symposium for stakeholders to learn about PLACE-MAKING. I followed it with a series of "BREAKFAST OF CHAMPIONS" and Luncheons over the following months. The impact of this was huge.

It's the people who say "I want to be at the top of that list". "I want to be with the people who are at the top".

It is leaders like those in CollabNet, organized by Harry Dublinsky, who will make a stronger voice to unite those with a stake in VALUE. The stakeholders of the city are key.

Thats what creates the best restaurants and theatre. This is also the basic driver of tourisms to NYC.

That is what I helped to do in Long Island City / Astoria through the Chamber of Commerce I founded there. Through PLACE-MAKING that I brought to LIC with help from David Wilk, we created "a story" that resulted in the LIC’s RENAISSANCE…and a major new skyline along the East River.

As business leaders, consider these thoughts on property VALUE and the future of NYC with the attention being paid, and budgets being established to support the flood of illegal immigration…or can a government and city stakeholders manage both.

POSTED BY

ARTHUR ROSENFIELD

646-920-4652

Arthur@CityEntree.com

SFBDG.cityentree.com

INQUIRIES WELCOME