NYU Schack Institute of Real Estate Hosts 19th Annual Monopoly Night at Central Park Boathouse

NEW YORK, September 6, 2011 –Only a few weeks remain until the NYU Schack Institute of Real Estate and Real Estate Alumni Association’s 19th Annual Evening of Monopoly is held on Tuesday, September 27 at the Central Park Loeb Boathouse. This year’s Honorary Banker will be David T. Welsh, a 1997 NYU alumnus and a managing principal and founder of private equity real estate firm Normandy Real Estate Partners.

As in previous years, the Evening of Monopoly officially kicks off the fall networking season by bringing top real estate industry executives together to rub elbows and dabble in a game of Monopoly alongside current and former students of the NYU Schack Institute. Advance ticket sales for the event have been strong and will likely accelerate in the coming weeks.

Net proceeds from the event are used exclusively to support NYU Schack initiatives such as scholarships, career development, panel discussions, networking venues, and new academic programs.

This year’s honorary banker, David T. Welsh, is a managing principal and founder of Normandy Real Estate Partners. Prior to forming Normandy in 2002, Welsh worked at Morgan Stanley, where he managed the United States debt financing activities for the Morgan Stanley Real Estate Funds (MSREF). Welsh also worked at Gale & Wentworth, a nationally recognized investment and development firm that assembled a multi-billion dollar property portfolio, where he directed acquisitions. Welsh is a Phi Beta Kappa graduate of Pennsylvania State University and a member of its Real Estate Advisory Board and earned a Master of Science in Real Estate degree from NYU-SCPS, where he also was an adjunct professor.

For more information and to purchase tickets, please visit: http://scps.nyu.edu/monopoly.
About the NYU Schack Institute of Real Estate
The NYU Schack Institute of Real Estate (www.scps.nyu.edu/schack) was founded in 1967, at the initiative of prominent real estate leaders who encouraged NYU to establish an academic center that provided an educational foundation for professionals within their industry. Today, NYU Schack is home to graduate degree and related graduate certificate programs—notably the M.S. in Real Estate,  the M.S. in Construction Management and the new MS in Real Estate Development—which enroll some 700 full- and part-time students from more than 30 countries and have nearly 2,500 alumni degree-holders around the globe.  In addition, each year approximately 7,200 working professionals enroll in the Institute's professional certificate programs, noncredit courses, and licensure-related offerings in such areas as real estate finance, sales and brokerage, sustainable design, facilities management, and architecture and civil engineering.  The Institute also houses the NYU REIT Center and the Center for the Sustainable Built Environment and hosts key industry events, including annual conferences on Real Estate Capital Markets and REITs. NYU Schack is one of several comprehensive academic divisions within the School of Continuing and Professional Studies (NYU-SCPS), the NYU home for study and applied research related to key knowledge-based industries where the New York region leads globally.

About the NYU School of Professional Studies

Established in 1934, the NYU School of Professional Studies (sps.nyu.edu) is one of NYU's several degree-granting schools and colleges, each with a unique academic profile. The reputation of the School of Professional Studies arises from its place as the NYU home for study and applied research related to key knowledge-based industries where the New York region leads globally. This is manifest in the School's diverse graduate, undergraduate, and Professional Pathways programs in fields such as Accounting, Finance, and Law; Applied Health; Arts, Design, and Film; Creative Cities and Economic Development; English-Language Learning; Entrepreneurship; Fundraising and Grantmaking; Global Affairs; Hospitality and Tourism Management; Human Resource Management and Development; Languages and Humanities; Management and Systems; Marketing; Project Management; Public Relations and Corporate Communication; Publishing; Real Estate, Real Estate Development, and Construction Management; Sports Management, Media, and Business; Translation; and Writing.

More than 100 distinguished full-time faculty members collaborate with an exceptional cadre of practitioner/adjunct faculty members and lecturers to create a vibrant professional and academic environment that educates over 5,000 degree-seeking students from around the globe each year. In addition, the School fulfills the recurrent professional education needs of local, national, and international economies, as evidenced by nearly 28,000 Professional Pathways enrollments in Career Advancement Courses and Diploma Programs. The School's community is enriched by more than 31,000 degree-holding alumni worldwide, many of whom serve as mentors, guest speakers, and advisory board members. For more information about the NYU School of Professional Studies, visit sps.nyu.edu.