Wall Street Week - C BLOCK 05/05/2023

The transcript discusses the relocation of financial firms to Miami, highlighting Stephen Ross's development of 1 Brickell City Center. It covers the success of Hudson Yards in New York and the impact of interest rates on real estate. The conversation shifts to the economic benefits of hosting a Formula One race in Miami and concludes with plans for expansion in Detroit, focusing on collaboration with the University of Michigan.

What are the main reasons people are relocating from major financial cities to Miami?

How does Stephen Ross view the growth potential of Miami compared to other cities?

What challenges does the commercial real estate market face due to interest rates?

How does Stephen Ross describe the current state of Class A and Class B office buildings?

What is the significance of Hudson Yards in Stephen Ross's portfolio?

In what ways does Stephen Ross believe the Formula One race benefits the community?

What are the plans for expansion into Detroit mentioned by Stephen Ross?