Jonathan Mechanic speaks to the <em>New York Times</em> about New York City colleges investing in real estate

Jonathan Mechanic speaks to the New York Times about New York City colleges investing in real estate

New York real estate partner Jonathan Mechanic is quoted in a New York Times article about New York City colleges buying up real estate while it is cheaper. Mr. Mechanic said that there were some large education deals last year and that there would likely be more to come. He notes "there are schools in the marketplace, but it just takes time for that increased demand to translate into a requirement, and schools going out into the market, finding space, and actually closing on transactions."

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