New York’s Real Estate Familie's Shrewd Upcoming Moves to be Examined at's Distressed Investing Conference

The Dursts, the Rudins, the Roses, the LeFraks and other members of New York’s royal real estate families are now eager to do deals;'s Distressed Investing Leaders Forum 2010 to analyze recent developments in the distressed real estate market.

New York, NY, February 11, 2010 --( Old New York real estate clans, once treated like slow-moving dinosaurs on the verge of extinction, are now looking like wise veterans, in relatively healthy financial shape and eager to do deals. As reported by The New York Times, "A group led by the LeFraks is interested in buying Stuyvesant Town and Peter Cooper Village, a complex of 11,227 apartments near the East River whose current owner defaulted on $4.4 billion in loans. The Rudins and other families are looking at the Carlton House, an apartment-hotel building on Madison Avenue that is for sale. The Dursts, who like the Rudins and the LeFraks are in their fourth generation in New York real estate, are looking to buy a stake in the $3 billion skyscraper under construction at 1 World Trade Center."

"What distinguishes the families from other real estate players is that they buy property but rarely sell. They usually have relatively low levels of debt on their buildings, and they do a couple of projects every economic cycle rather than go on a binge, a practice adopted after bitter experiences with a deep recession in the 1970s." Their vision and strategies will be the subject of discussion and debate among a distinguished cast of real estate thought leaders, practitioners, private equity investors and professional advisors at's Distressed Investing Leaders Forum 2010, February 26th, New York City.

Distressed Investing Leaders Forum 2010 is produced by (, the premier networking community for businessmen, entrepreneurs, professionals and diplomats, founded by former McKinsey consultant Edgar Perez. Upcoming Leaders Forums and Business Networking receptions include:

· High-Frequency Trading Happy Hour (, March 1st, 2010, New York City
· Hedge Funds Leaders Forum 2010, "Generating Alpha in Challenging Times" (, March 18th, 2010, New York City
· Banking M&A Leaders Forum 2010, "Have Deal-Making Hit Bottom Yet?" (, March 25th, 2010, Washington DC
· Venture Capital Leaders Forum 2010 (, April 15th, 2010, Boston, MA
· Real Estate Leaders Forum 2010 (, April 22nd, 2010, New York City

Panelists, speakers and sponsors are invited to contact by sending an email to has been frequently featured in the press, including a recent article in The New York Times, " Helps Job Seekers Make Overseas Connections" (

Edgar Perez