April 21, 2005: VU2005: The Economics of Residential Real Estate
On April 21, the New York Times and the Furman Center hosted the VU2005 real estate conference at NYU School of Law's Vanderbilt Hall. Panelists included Richard Ferrari, Senior Vice President at Prudential Douglas Elliman, Sharon Baum, Senior Vice President at The Corcoran Group, Rafael Cestero, Deputy Commissioner of Development at HPD, and Anne Bagamery, Senior Editor of Personal Finance from the International Herald Tribune.
Among other issues, the group discussed the rise and influence of international buyers in New York City, the effect of interest rates on market strength, and the stability of the housing market.
Pictured, from right: Sharon Baum, Richard Ferrari, Rafael Cestero, Trish Hall of the New York Times, Anne Bagamery, Vicki Been, Director of the Furman Center, and Ken Green of the New York Times.