What happens in retail - ICSC conference 2014

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ICSC Retail Convention

ICSC Retail Convention

What happens in retail

The crowd at a party hosted by Newmark Grubb Knight Frank at the Marquee Nightclub in the Cosmopolitan hotel

From left: RKF’s Robert Futterman and Patricia Garcia and TriStar Capital’s David Edelstein

Deals started at ICSC convention don’t stay in Vegas, but have potential for big impact in New York City

By Adam Pincus bout 2,000 real estate players from New York attended the massive International Council of Shopping Center’s annual RECon conference in Las Vegas last month. The event, which drew 33,500 people, included myriad opportunities to meet and greet, from booths on the convention floor to party hopping. Below are some of the highlights:

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The Feil Organization’s Brian Feil, left, and his father, Jeffrey Feil

Knightwood’s Ian Smith, left, Whole Foods’ Norah Smith and SCG Retail’s Chase Welles

• Kickoff day for ICSC found more real estate pros hanging out poolside than in the convention hall. Lounging in cabanas at Wynn Las Vegas, for example, were retail moguls Jeff Sutton and Alex Adjmi and brokers such as Bob Knakal, Jason Pruger, Adelaide Polsinelli and others.

Massey Knakal’s Robert Knakal, left, and Paul Massey, at Charlie Palmer’s Aureole at Mandalay Bay for a party thrown by their firm and Fidelity National Title Simon Ziff of Ackman-Ziff Real Estate Group

• A slew of New York-based firms hosted mega-parties, which were among the 60-plus ICSC-related fetes. They included RKF’s bash at Cabo Wabo overlooking the Las Vegas Strip, SCG Retail’s cocktail party at the Grand Ballroom in the Four Seasons and Newmark Grubb Knight Frank’s popular event at the Cosmopolitan’s Marquee Nightclub.

From left: Kriss & Feuerstein’s David Kriss, Massey Knakal’s Thomas Gammino, Thor Equities’ Morris Bailey and Eastern Consolidated’s David Schechtman

• The Related Companies debuted a virtual reality tour, which used spaceage 3D goggles, to provide a sneak peak of its Hudson Yards site, including the 750,000-square-foot retail space. The mall is expected to generate about $2,000 per square foot in sales annually, Kenneth Himmel, CEO of Related Urban, told TRD. • A TRD analysis of New York attendees found that NGKF and RKF flew out the highest number of pros from NYC-based offices — with 50 and 40 respectively. 5Points Group’s Alan Miller, left, and Massey Knakal’s Ben Fox

Douglas Elliman’s Faith Hope Consolo and Joseph Aquino on the floor of the Las Vegas Convention Center

Massey Knakal’s Preston Flammang, left, and Robert Shapiro From left: BakerHostetler’s Nicholas Melillo and Dennis Russo, Jennifer Djurkovic of Massey Knakal and Michael Pappert of BakerHostetler

From left: KAM Management’s Kenneth Mandelbaum, CBRE Group’s Lon Rubackin and Fairway’s Aaron Fleishaker

Brookfield Office Properties’ Ed Hogan

From left: SCG Retail’s Geoffrey Bailey and David Firestein, Guss Firestein of General Growth Properties and Fred Posniak of Empire State Realty Trust Crown Acquisitions’ Jordan Barker, left, and Massey Knakal’s James Nelson Westfield Group’s David Ruddick Newmark Grubb Knight Frank’s James Kuhn, left, and Barry Gosin

Avison Young’s Jedd Nero at a party thrown by the firm at the Foundation Room at Mandalay Bay

From left: Premier Equities’ Yoron Jacobi, JLL’s Yoav Oelsner, Premier’s Uzi Ben Abraham and Meridian Capital’s Cary Pollack at NGKF’s party in the Cosmopolitan hotel

RKF’s Ariel Schuster displaying a photo of his baby daughter Cushman & Wakefield’s Joanne Podell and David Greene

46 June 2014 www.TheRealDeal.com

From left: HPNY’s Ivan Hakimian, CBRE Group’s Annika Riphagen and Namdar Realty Group’s Evan Rafinia

CBRE Group’s David LaPierre and Amira Yunis

CPEX Real Estate’s Tim King, left, and Chase Abstract’s Avi Popack

Newmark Grubb Knight Frank’s Jeffrey Roseman, left, and Marc Frankel

From left: HFZ Capital Group’s Laurie Golub, CBRE Group’s Gary Trock and Hartz Mountain Industries’ Emanuel Stern

Acadia Realty Trust’s Joel Braun, left, and RKF’s Jeff Fishman

www.TheRealDeal.com June 2014 47


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