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AREW lunch focuses on Long Island City.


Will continued demand for residential and commercial office space propel the revitalization of Long Island City? Private developers and government officials are looking to redevelopment of formerly industrial buildings and development of waterfront sites with stunning Manhattan skyline views as viable alternatives to the exodus of New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 businesses and residents to the New Jersey waterfront.

The Association of Real Estate Women (AREW) will explore "The Revitalization of Long Island City" in a luncheon program to be held on Tuesday, February 13th. The event, sponsored by Universal Moving and Storage, will take place at noon at the Grand Hyatt Hotel at 42nd St.

AREW's panel of guest speakers will include David A. Brause, vice president of Brause Realty Inc., who is currently working on BridgePlaza TechCentre, a redevelopment of a 1911 manufacturing building; developer Irwin Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
 of ATC ATC Air Traffic Control
ATC Average Total Cost
ATC Certified Athletic Trainer
ATC At the Center (Hartford, Maine retreat center)
ATC Applied Technology Council
ATC All Things Considered
 Management, who is responsible for creating and managing The Center Building, The Falchi Building, and The Factory; and Ann Gardner Kayman, senior vice president of the New York City Economic Development Corporation Overview
New York City Economic Development Corporation (NYCEDC) is a non-profit local development corporation that promotes economic growth across New York City's five boroughs.
 (EDC EDC

See: Export Development Corp.
) and head of the Business Development Division.

Brause Realty is investing an estimated S20-$30 million on renovating the 400,000 SF, 1911 Brewster Building, renamed BridgePlaza Tech Centre. The company is adding 165,000 SF to the property by adding six floors and a basement and is seeking to attract high-tech and telecommunications tenants.

Developer Irwin Cohen has revitalized more than 10 million SF of industrial buildings into commercial and new-media centers, including three in Long Island City and The Chelsea Market Building in Manhattan. The one million SF Chelsea Market at 15th St. and Ninth Ave. is the former Nabisco baking facility, which Mr. Cohen has transformed into a wholesale and retail market and commercial and media center.

Ann Gardner Kayman is responsible for helping the City of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 attract businesses from all over the world, as well as for making the City more business-friendly. She has been instrumental in carrying out the initiatives in new media, such as designation of new high-tech districts as part of "Digital NYC NYC
abbr.
New York City


NYC New York City
: Wired to the World" program, the New York City Venture Capital Conference, Alley to the Valley, the New York New Media Survey, and Plug 'n Go.
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Jan 31, 2001
Words:370
Previous Article:Joseph Taub.
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