Think tank opens in New York

Real Estate Weekly, July 11, 2001

Economics Research Associates (ERA), the international real estate, economic development, and leisure industries consulting firm, has opened a New York office to expand its services in the Northeast United States. Kate Coburn, one of the City's premiere retail real estate experts, has joined ERA as Principal, and will manage the New York office.

ERA has been active in the New York market for more than two decades, providing consulting services on [such projects as The World Trade Center, the three major New York airports and The Museum of Natural History. Many of the firm's engagements involve large-scale developments and public private partnerships.

In the greater New York region, ERA has completed projects that include the South Stamford/Harbor Area master plan in Stamford, CT, Liberty State Park in New Jersey and major mixed use/office/retail projects for financial service companies in midtown Manhattan and Jersey City. With the opening of its Manhattan office, ERA has expanded its local presence and range of assignments.

ERA is currently developing plans to maximize retailing opportunities at Newark Airport, in Terminals A and B, and is also providing its expertise to redevelop the Port Authority Bus Terminal South Wing.

"ERA has always been involved in some of the world's most innovative and highest profile development projects" said Patrick Phillips, President and CEO of ERA. "Establishing our New York office with an accomplished consultant like Kate Coburn at the helm will enhance our ability to serve our clients not just in this region, but globally."

"ERA differs from most other real estate consulting firms because of the wide range of project types that we get involved with," said Kate Coburn. "We bring together a multi-disciplinary approach that responds to the complexity of real estate development today. ERA delivers a combination of real estate research with practical experience to give our clients a distinctive product that can be successfully implemented."

Coburn has been a key player in the real estate industry for over 20 years. Her understanding of landlord and tenant needs through every phase of a project life cycle has allowed her produce significant bottom-line results for both parties. Her achievements and contributions to the real estate industry earned her the Young Men's/Women's Real Estate Association's Senior Real Estate. Professional of the Year Award in 1999 and in June 2000 she was named one of the 100 Women Real Estate Leaders for the 21st Century by Real Estate Weekly.