NYU Schack Institute of Real Estate Celebrates Its 20th Evening of Monopoly on May 1

Annual Fundraising Event to Recognize NYU Schack Alumnus Michael P. Higgins (’92), the Managing Director and Head of Real Estate Finance at CIBC World Markets Corp., as Honorary Banker


New York, April 19, 2013 – The NYU Schack Institute of Real Estate and its Alumni Association will host the annual Evening of Monopoly on Wednesday, May 1, at The Morgan Library & Museum, in the Museum’s Gilbert Court from 6:30 to 9:30 p.m. This year’s Honorary Banker is Michael P. Higgins (’92), the managing director and head of Real Estate Finance at CIBC World Markets Corp.

The Evening of Monopoly brings top real estate industry executives together to play Monopoly with current and former students of NYU Schack. The event is the largest Schack alumni fundraising effort of the year.  Net proceeds from the event are used exclusively to support NYU Schack initiatives such as scholarships, career development initiatives, panel discussions, networking events, and new academic programs.

“Our annual Evening of Monopoly always has been a hit, and this year’s event–our 20th–-will be no exception,” said NYU Schack Divisional Dean Rosemary Scanlon. “This special evening attracts industry leaders–those who are driving forces in the New York Real Estate market, as well as those who have influence on a global scale. We look forward to a lively evening of networking and game playing in an environment that cultivates relationships and provides our students with a wealth of new and interesting opportunities.

This year’s honorary banker, Michael P. Higgins (’92), is one of the most active and respected property finance executives in the United States. He joined CIBC in 1996 and is currently the managing director and head of Real Estate Finance for the company. He has more than 25 years of experience in all aspects of the industry, and has been involved in the financing of more than $50 billion in commercial property transactions.

For more information and to purchase tickets, please visit: scps.nyu.edu/monopoly.

About the NYU Schack Institute of Real Estate

The NYU Schack Institute of Real Estate (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 offers graduate degrees—notably the M.S. in Real Estate, the M.S. in Construction Management, and the M.S. in Real Estate Development—as well as graduate certificates in real estate and construction management, all of which enroll nearly 800 full- and part-time students from more than 30 countries and boast nearly 3,000 graduates around the globe. The Schack Institute recently launched a new B.S. in Real Estate. In addition, each year, approximately 4,200 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 academic divisions within the School of Continuing and Professional Studies (NYU-SCPS), which offers a broad range of professionally focused undergraduate, graduate, and noncredit offerings.

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.