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New York Hilton Midtown, New York, NY, United States April 9-11, 2024

Mission Priority

Mission Priority
Tue Apr 09 8:00 AM — 11:00 AM (GMT-05:00) Eastern Time

The Revitalization of the South Bronx

Experience the revitalization of the South Bronx through affordable housing mechanisms and affordable housing at scale in the Mott Haven district with developer L&M.

East 162nd Street Court provides 126 mixed-income rental apartments in a new 12-story building. Thirty-seven units are reserved for formerly homeless families in need of supportive services. L+M and B&B Supportive collaborated with Palladia and Services for the Underserved to provide family supportive services pursuant to a contract with the NYC Department of Health and Mental Hygiene. Services include case management for mental health and substance abuse problems as well as educational and workforce services. The new building includes a separate office space devoted to the provision of these services, a community room, and laundry facilities. The remaining units in the building are reserved for families that earn 60 percent and 80 percent of area median income.

 

Bronx Point represents a transformative mixed-use development of approximately 530,000-square-feet that will bring affordable housing, educational community facilities, dynamic retail uses, and engaging new open space along the Harlem River waterfront in the South Bronx. It includes 542 units of permanently affordable housing, educational spaces for youth operated by Bronx Works and Billion Oyster Project, and retail opportunities. The Universal Hip Hop Museum will be a new cultural destination that celebrates the global hip hop culture.


Mission Priority
Tue Apr 09 8:30 AM — 12:00 PM (GMT-05:00) Eastern Time

Tracing LGBTQ+ Spaces: A Tour of Greenwich Village

Join a walking tour of spaces significant to the Stonewall Uprising in 1969 and the LGBTQ+ movement Stonewall inspired. This tour will visit the historic Stonewall Inn, Washington Square Park, AIDS Memorial, Gay Liberation Monument, Oscar Wilde Bookshop, Gay Street, and the start of the First Pride March.

Mission Priority
Tue Apr 09 10:30 AM — 12:00 PM (GMT-05:00) Eastern Time New York Hilton Midtown - Level 2, Gramercy Suite

Homeless to Housed Symposium

Join host Connie Moore, author Gregg Colburn (Homelessness is a Housing Problem), and New York-based leaders from various sectors, to explore solutions to the housing and homelessness crisis in the U.S. Presented by ULI's Homeless to Housed Initiative and open to all registered meeting attendees.
Mission Priority
Tue Apr 09 2:30 PM — 3:30 PM (GMT-05:00) Eastern Time New York Hilton Midtown - Level 3, Trianon Ballroom

ULI Home Attainability Index: Putting the Numbers into Practice

This session will present the findings from ULI Terwilliger Center's 2024 Home Attainability Index. The Index is a data-rich resource for understanding the extent to which a housing market is providing a range of choices attainable to the regional workforce. The data can help identify gaps in home attainability and provide better context to understand residential markets; provide context by connecting housing costs to the wages earned by people with specific occupations in a region; and enable national and regional comparisons to inform housing production, policy, and financing decisions. The session will begin with Adam Ducker, CEO of RCLCO, presenting the national findings before drilling down to the local findings for each panelist. Ducker will then have panelists answer how they are addressing the particular housing needs in their market. Through this session, attendees will learn how the data can help decision-making for local economies: e.g., what type of housing is needed, and at what price point; who exactly is priced out; and how it is affecting the ability for employers to attract and retain workers.
Mission Priority
Tue Apr 09 4:00 PM — 5:00 PM (GMT-05:00) Eastern Time New York Hilton Midtown - Level 2, Gramercy Suite

From Finger-Pointing to Handshakes: Reducing Embodied Carbon in Real Estate Developments

Over the lifetime of a building, embodied carbon from materials, transportation of materials, and building construction can account for half of a building's carbon emissions. Global building floor area is expected to double by 2060, which amounts to an incredible amount of upfront carbon emissions to address in the built environment. The process, and responsibility, to do so spans multiple stakeholders: materials supply chain, structural engineers, architects, construction, and developers. No longer can excuses be made or fingers be pointed for not achieving reductions; there is an urgent need to address embodied carbon. Plus, as global momentum builds for climate action, federal, state, and local governments are introducing building-sector requirements covering both operational and embodied carbon. This session will provide perspectives from a general contractor, a structural engineer, and a developer who have successfully reduced embodied carbon in new developments. Panelists will walk the audience through embodied carbon reductions from predesign through development, building occupancy, and deconstruction, all of which encompass a vital part of the industry's journey to net zero.
Mission Priority
Tue Apr 09 4:00 PM — 5:00 PM (GMT-05:00) Eastern Time New York Hilton Midtown - Level 3, Trianon Ballroom

Mixed-Income Housing: A Tool for Creating Inclusive Communities

New York City has a unique and varied history developing mixed-income housing. As cities around the country grapple with a growing housing affordability crisis, state and local governments are increasingly experimenting with different programs and formats of producing mixed-income housing to address this challenge. This panel will provide a deep dive into the topic, exploring where mixed-income housing works and where it sits in the continuum of attainable housing solutions. Mixed-income housing has the potential to provide economic, social, and political benefits, including serving a wider range of incomes, improving social mobility, increasing production in supply constrained markets, and mitigating financial risk. Panelists will draw from the experiences of NYC projects such as Essex Crossing, Navy Green, and Hunter's Point South to shed light on the benefits and challenges, including NIMBYism (not in my backyard), levels of affordability, and resource allocation; demystify available financing vehicles; and identify the tools government can deploy to promote mixed-income housing.
Mission Priority
Wed Apr 10 8:00 AM — 1:30 PM (GMT-05:00) Eastern Time

The Architecture of Community Development: Restoration Plaza

In 1968, Bedford Stuyvesant Restoration Corporation purchased the derelict Sheffield Farms Milk Bottling Plant on Fulton Street in the heart of Bed-Stuy, then home to the nation’s largest African American community. Through a rehabilitation completed in 1972, the site became Restoration Plaza, a 300,000-square-foot commercial plaza that is home to Restoration’s headquarters, the historic Billie Holiday Theatre (BHT), the Skylight Gallery, and scores of local businesses, nonprofits, and government agencies, including a post office; local branches of JP Morgan Chase, Carver Federal Savings Bank, and Citibank; Super Foodtown; a school; and stores. Each year, hundreds of thousands of residents pass through the plaza, known as the unofficial town hall of Brooklyn, whether on their way to visit Restoration’s Center for Personal Financial Health, view a play at the BHT, or attend a community event hosted in the amphitheater.

At its inception, Restoration Plaza was a landmark example of community development and adaptive reuse. Now, more than 50 years later, Restoration is once again advancing a bold new vision: reimaging the plaza as the Restoration Innovation Campus. The new campus will be a dramatically expanded, modern, multipurpose site that enables Restoration to meet the needs of the community today. It will include new public space, an expanded cultural center, and two commercial buildings for partners committed to disrupting the racial wealth gap.

 

The plaza stands as a testament to the history and vibrancy of Central Brooklyn. This tour will showcase Restoration’s impact on the community, serving as a landlord, developer, service provider, cultural center, and community anchor for over five decades. It will also point to how the existing space is set to be reinvented for a new era.


Mission Priority
Wed Apr 10 8:15 AM — 1:00 PM (GMT-05:00) Eastern Time

The New Long Island City

Long Island City (LIC) is New York City’s fastest growing neighborhood. The city is engaged in multiple efforts to support the neighborhood’s long-term transformation into a mixed-use district. The Hunter’s Point South project is transforming the Long Island City waterfront with improved infrastructure, an 11-acre waterfront park, and 5,000 total residential units, including 3,000 affordable housing units. In 2018, the New York City Economic Development Corporation (NYCEDC) completed the waterfront park, featuring a green stormwater infrastructure, bicycle and pedestrian pathways, adult fitness equipment, a playground, and an art installation. In fall 2023, the city kicked off the One LIC neighborhood planning study, focusing on LIC’s northern Waterfront and the industrial business zone (IBZ) located between the Waterfront and Court Square. This project seeks to leverage city-owned sites for affordable housing, promote equitable economic development, add waterfront open space, and improve circulation around the neighborhood.

 

This tour will begin at Hunter’s Point South Park, move north along the LIC waterfront to Anable Basin, and conclude at the IBZ. 


Mission Priority
Wed Apr 10 8:30 AM — 12:00 PM (GMT-05:00) Eastern Time

Real Estate as Culture: A Tour of Harlem

Start by riding through Central Park, exiting at 110th Street/Central Park North. Ride past the Lincoln Correctional Facility site (RFP in process) up Frederick Douglas Boulevard through an area of high gentrification, including the Harlem Tavern. Go east past famous jazz club Minton’s up to 125th Street. Ride down Harlem’s “Main Street,” 125th Street, to see the iconic Apollo Theater and new developments at the Victory Theater. See the influx of national retailers along 125th and hear about the evolution of the area from the Upper Manhattan Empowerment Zone. Continue north to Strivers’ Row and the Abyssinian Baptist Church. End the ride at the Schomburg Center for Research in Black Culture and a visit to its gift shop.

Mission Priority
Wed Apr 10 2:30 PM — 3:30 PM (GMT-05:00) Eastern Time New York Hilton Midtown - Level 3, Trianon Ballroom

Reducing Real Estate’s Carbon Footprint and the Path to Net Zero: The Costs of Meeting the Moment and the Consequences of Neglect

Building owners, investors and tenants grapple with the costs of reducing carbon footprints while cities set aggressive goals towards achieving net zero. Meanwhile, the capital markets must determine how to finance these "green" initiatives and quantify the value and risk associated with transitioning to net zero. Join us as we explore the real costs of going to net zero, who bears the burden and the financial drivers behind this push.
Mission Priority
Thu Apr 11 8:15 AM — 12:00 PM (GMT-05:00) Eastern Time

Hudson Square: Ushering in the Future of Sustainable and Contextual Design

Join us for a special tour of one of New York City’s most dynamic neighborhoods, Hudson Square. The district, at the nexus of NYC’s premier retail and residential neighborhoods, is rich in history but is also leading the way in terms of sustainable design and thoughtful and contextual architecture that is appealing to some of the world’s largest and most innovative office tenants, including Google, Horizon Media, Publicis Groupe and Squarespace. Trinity Church Wall Street, steward of the neighborhood since the early 1700s, helped usher in a residential rezoning that has allowed the neighborhood to flourish, and, in partnership with Norges Bank and Hines, Trinity Church has repositioned their more than 6 million-square-foot portfolio of purpose-built printing house buildings to cater to modern office needs in a Class A manner.

The group will tour a cornerstone of the Hudson Square portfolio, 555 Greenwich + 345 Hudson. 555 Greenwich is a 270,000-square-foot ground-up development designed by COOKFOX Architects that is the completion of the adjacent property, 345 Hudson (built in 1931), to create a 1.2 million-square-foot interconnected campus. 555 Greenwich represents the next generation of high-performing buildings and will exceed NYC’s 2030 climate targets for office buildings by over 45 percent and align with New York State 2050 carbon-neutral targets. 345 Hudson is one of three commercial buildings selected to participate in the Empire Building Challenge’s low-carbon public/private design partnership.

We will follow with a tour of 550 Washington, the 1.3 million-square-foot home to Google's headquarters designed by COOKFOX, and end at historic Pier 57. Originally constructed in 1952, the newly restored mixed-use pier features Little Island, an award-winning public park and urban oasis, a waterfront food market, ample indoor/outdoor community spaces, and an interactive gallery and classroom focused on wildlife and waterways.

Mission Priority
Thu Apr 11 8:15 AM — 12:00 PM (GMT-05:00) Eastern Time

Cornell Tech: NYC’s Thriving Innovation Hub

In 2011, Cornell Tech emerged as the winner of a global contest—Mayor Bloomberg’s Applied Sciences NYC Initiative—that was designed to dramatically expand the city’s capacity in the applied sciences sector to maintain the city’s global competitiveness and create jobs. The winning bid by Cornell Tech, a partnership between Cornell University and Technion-Israel Institute of Technology, proposed the development of a 2-million-square-foot innovative science campus on Roosevelt Island, which will serve more than 2,000 graduate students and hundreds of faculty and staff upon its completion. By 2017, the $1 billion, 850,000-square-foot first phase opened, boasting a net-zero academic building, a striking co-location office building, a 40,000-square-foot conference center, a 224-room hotel and a residential tower with 350 apartments in the largest Passive House tower in the world at the time of its opening. The campus embodies New York’s commitment to technology’s growing impact in New York City. Discover Cornell Tech: NYC’s thriving innovation hub!

Mission Priority
Thu Apr 11 11:00 AM — 11:20 AM (GMT-05:00) Eastern Time New York Hilton Midtown - Level 3, Americas Hall I - Area B

2024 Home Attainability Index

ULI's Terwilliger Center for Housing partnered with RCLCO to create the 2024 Home Attainability Index. The Index is a data-rich resource for understanding the extent to which a housing market is providing a range of choices attainable to the regional workforce. In this session, Adam Ducker, CEO of RCLCO, demonstrates the main components of the tool and how to use it. Learn about the data included in the Index and how it can help local stakeholders understand what types of housing are needed, at what price points, and who exactly is priced out.
Mission Priority
Thu Apr 11 2:30 PM — 3:30 PM (GMT-05:00) Eastern Time New York Hilton Midtown - Level 2, Gramercy Suite

Developing “Missing Middle” Housing: Opportunities, Challenges, and Creative Financing Tools

This session will cover the opportunities and challenges in developing mixed- or middle-income, infill multifamily development—often referred to as "missing middle" housing. Using real development case studies presented by three developers, the panel will cover both rental multifamily and homeownership development models. The case studies will show how we can deliver housing more affordably than typical market-rate development and more efficiently than typical affordable housing development, using creative financing tools that blend private impact equity with strategic public financing sources.
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Three days of inspiration, thought leadership, and connection

New York Hilton Midtown
New York, NY, United States

April 9-11, 2024

Register for the Spring Meeting

Where ULI members come together to shape the built environment.