Bess Krasoff

How a Crippled Insurance Market, Climate Crisis Threaten Construction Boom

I am pleased to share my article How a Crippled Insurance Market, Climate Crisis Threatens Construction Boom, which has been published this week in the Commercial Property Executive.

https://www.commercialsearch.com/news/how-a-crippled-insurance-market-climate-crisis-threaten-construction-boom/

This article highlights the dual threats from climate change events and the recent pullbacks by insurance companies to provide coverage in those areas of the nation that have been imperiled by wildfires, coastal flooding and other force majeure events of recent years. With little prospect that our nation can avert increased events of these types in the near future our policymakers must begin to factor in how to continue to grow a strong nation’s economy when these two threats can inhabit or even halt such progress.

Please let me hear from you after you read the article.

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Barry's Interview with Freight Waves Now

This past Friday I was interviewed for a televised discussion on the current state of our nation’s infrastructure and the benefits and weaknesses of the Biden Plan to address our roads, bridges, internet, leaking water pipes and other critical infrastructure facilities.

There is a strong likelihood that Congress will reach an agreement to fund both the basic infrastructure remediation plan as well as the “human infrastructure” proposal that puts an emphasis on retraining unemployed factory workers with updated skills training along with programs for childhood pre-K and free community college education for all.

The interview on Freight Waves is here: https://muse.ai/e/oqga2WJ

Please let me know your thoughts on this important subject.

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ICYMI: The Trillion-Dollar Infrastructure Bill – What Will Its Impact Be On Construction, Real Estate and America's Economic Recovery?

On September 22, infrastructure experts Barry LePatner of LePatner & Associates LLP along with Nicole Gelinas of the Manhattan Institute, Ryan Fitzpatrick of Third Way and moderator Erik Engquist from The Real Deal joined for a discussion at The Capital Grille in Manhattan discussing everything around the trillion-dollar infrastructure bill awaiting approval in Washington D.C.. The experts delved into the pros and cons of the legislation, the manner in which infrastructure funds are set to be deployed, how they will impact the construction and real estate markets, and their collective ability to revitalize the economy.

The trillion-dollar infrastructure bill symbolizes one of the most monumental infrastructure bills in history and has the ability to fund a vast array of infrastructure in desperate need of repair. LePatner along with the rest of the panel is spoke to how these funds should be allocated, including how they can best shape the infrastructure system of the country.

You can enjoy the full webinar HERE to learn more. https://drive.google.com/file/d/1KTM-8Ta06MQFOamjKgkOQ_UWS7wkb-wg/view

Here are some of the key parts of the webinar:

Panelists discussing what they would say to President Biden regarding the infrastructure bill in 30 seconds (8:21 to 15:50) Panelists discussing how state and federal infrastructure banks can transform the allocation and oversight of funding (12:06 to 12:50) Panelists discussing what improvements should be made to Amtrak (32:09 to 34:00) Engquist and Fitzpatrick discuss what infrastructure means to the American people more broadly than bridges and roads (40:00 to 41:56) Gelinas addresses the need to monitor government does fund private enterprises at the expense of the goals of this legislation (17:50 to 19:48)

We hope that you can take some time to listen and learn from the webinar.

Thank you!

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Why Biden’s infrastructure plan is such a big deal

The battle in Washington DC is on to see if our nation will, after forty years of misfeasance by various administrations and federal legislators, meaningfully address the perilous state of our nation’s infrastructure. Barry's op ed piece, published in the New York Daily News, https://lnkd.in/gNttN8E argues that GOP efforts to limit the Biden proposal to a measly $800 billion would only serve, once again, to put a bandaid on a hemorrhaging system that history has shown to be among the best investments our government has ever made in our history.

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e-Builder: One Year Later | Episode 2

On Tuesday, Barry LePatner served as a panelist on the “1 Year Later” webinar series. He was able to give his expertise on what happened in the past year to the real estate, design, and construction industry due to the COVID-19 pandemic. He also expressed his optimistic opinion on what the future holds with as we turn a new corner with vaccine rollout. Click the link below to watch: https://lnkd.in/gpCCi4J

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