With Economic Uncertainty Looming, Real Estate Executives Are Recalibrating to Prioritize Social Impact
NEW YORK, February 1, 2023 /PRNewswire/ — Commercial Observer, the premier media and information services company that informs and connects leaders in commercial real estate, announced the launch of its CRE IMPACT initiativea cross-platform content series dedicated to creating and advancing the national agenda on the importance of social impact in building stronger, more sustainable communities – for everyone. The series is launched in partnership with RXR, one of the New York one largest residential and commercial real estate owners with a growing national platform. Throughout the series, companies will have the opportunity to tell their social impact story in front of a national audience.
“This is timely and essential content for New York City and quality of life issues that remain key priorities for cities across the country,” said Maximum Gross, Editor-in-Chief, Business Observer. “ESG and corporate responsibility are often the first items to be cut from budgets during a market downturn. Current industry conditions demand greater opportunities for diverse talent, social impact and innovative solutions for tackling the climate crisis.”
The 2023 CRE IMPACT Series will be built around a calendar of core issues, including Black History Month, Women’s History Month, Pride, Earth Day and Climate Week. Commercial Observer’s newly created initiative is designed to create a clear path to change. It will be carried out in partnership with the Real Estate Executives Council (REEC), Project Destined and Commercial Real Estate Women (CREW) New Yorkbringing together the main professional associations, companies and leaders of the real estate industry.
At a time when many believe market conditions will become more difficult, the CRE IMPACT Series will consist of editorial coverage, case studies examining data-proven business models, candid conversations with business executives, video interviews with influential executives and community advocates, editorials and executive profiles pioneers leading the charge for DCI and climate action.
“We live in a time of increasing interconnectedness, and our collective efforts can lead to real and lasting business and societal improvements,” said Commercial Observer CEO James R Freiman. “Smart business goes beyond securing the most important transactions and developments. There has been a shift and a call to action for companies to make their social footprint in the world, and at Commercial Observer, we have a powerful platform to achieve this in the real estate industry.”
LEADER CRE OWNER & INVESTMENT FIRM, RXR JOINS THE IMPACT SERIES AS A FOUNDING PARTNER
RXR, a leading real estate owner and investment firm committed to building socially, economically and environmentally responsible communities, joins Commercial Observer’s IMPACT Series as a founding partner.
“The success of the real estate industry is directly tied to the success of the communities where we operate. And few industries play such a significant role in building stronger communities – from the workplaces to where people call home – than real estate”, said to me Scott Rechler, CEO and President, RXR. “At RXR, we are proud to join Commercial Observer’s IMPACT series and share our experience in building stronger, more sustainable communities within our company and across our portfolio.”
“We are thrilled to have such a committed and forward-looking partner as RXR to launch the series,” said Robyn Reiss, Executive Director, Trade Observer. “RXR has been a steadfast champion in advancing DEI, ESG and climate action initiatives in real estate. They are at the forefront of the evolution of real estate and they bring the communities they serve with them. Their insights and perspective will be invaluable to our readers and viewers.”
For opportunities to tell your social impact story and participate in the Trade Observer National IMPACT Seriesplease contact [email protected]or visit the IMPACT Series website at https://commercialobserver.com/impact/.
ABOUT THE TRADE OBSERVER
Commercial Observer is the leading commercial real estate media and information services company, delivering high-impact content, events and platforms designed to connect and inform industry players about key trends and the people who define the global real estate landscape. Commercial Observer reaches a nationwide audience of the most active property owners/developers, business occupiers, brokers, investors, lenders, leasing professionals, technology companies, government officials, contractors, architects, lawyers and accountants, as well as other business owners and key decision-makers impacting the trajectory of the construction industry. The company maintains its reporting to the highest editorial standards with a strong commitment to fairness and accuracy. Commercial Observer is a unit of Observer Media, a company that educates and connects leaders in disruptive industries to help them innovate, grow and make smarter decisions.
SOURCE Commercial Observer
