NEW YORK—Despite an economic environment that makes selling property as hard as walking through molasses, the executive director of the NYC Real Estate Expo is upbeat.
“We’re looking for about 3,000 to 4,000 people,” Anthony Kazazis said of the event set for Oct. 30—the biggest in New York.
The expo, being held for the first time this year, is targeted towards real estate related professionals. Along with the traditional expo format—rows of open tents for businesses to hawk their wares—the NYC Expo offers a focused education seminar as well, with a list of over a dozen speakers from the big names.
The event is meant to allow those in the business a way to “keep abreast of the latest trends and stay on top of the best products and services,” a statement about the expo says.
“It’s going to be a great show,” Kazazis said.
While many real estate events in New York having been canceled because of the industry downturn, Kazazis is still optimistic. “The time is right,” he said. “A lot of people are down, discouraged by the market. But there are a lot of new companies. We want to see good things and hear good things.
“It’s all about knowledge,” he said. “We’re bringing in the knowledge.”
One of the speakers is traveling from California to attend the event. Tom Anderson, CEO and founder of PENSCO Trust is slated to speak about how his company offers options not usually on the table in traditional retirement options.
The company caters to high-end customers, meaning they are down—but with $3 billion in assets—not out.
“We are seeing an influx of accounts which is offsetting the decline in the base,” Anderson said. “High-end properties are holding up and there are some promising signs.”
The NYC Real Estate Expo will be presented on Friday, Oct. 30 at The Roosevelt Hotel from 10am-5pm.