A panel of experts presented a comprehensive view of Business Improvement Districts operating in New York City—with special emphasis on how they benefit the real estate markets and business communities in which they are located—at the recent meeting of the New York District Council of Urban Land Institute

Real Estate Weekly, March 16, 2005

[ILLUSTRATION OMITTED]

Caption: A panel of experts presented a comprehensive view of Business Improvement Districts operating in New York City--with special emphasis on how they benefit the real estate markets and business communities in which they are located--at the recent meeting of the New York District Council of Urban Land Institute. Speaker's included (l-r) Carl Weisbrod (President, Alliance for Downtown New York), Robert W. Walsh (Commissioner, NYC Department of Small Business Services), Lynne B. Sagalyn (Professor, Real Estate Development & Planning at the University of Pennsylvania), Daniel Biederman (President, 34th Street Partnetship; and President, Bryant Park Restoration Corp.), Kevin M. Fogel (Member, ULI--NY Program Committee, and President of KMF Property Group, Inc.), David Brause (Chair, Queens Plaza / Court Square Business Improvement District, and Vice President of Brause Realty.