Marc Rowan: evaluation

Transcript context

…In the United States, do you think we’re on the verge of building a new Shaker Heights? Which is not on a spectacular plot of land. It’s outside of Cleveland. Gorgeous homes, wonderful neighborhoods, trees, perfectly integrated. They were quite poor compared to us. Why no Shaker Heights today? Or do you think we’re doing one? I’m not sure. I don’t know. Certainly, I look at the places where you have population increases. Most of what I’ve seen that I really like — Austin, Texas. We’re going to have whole new neighborhoods in Austin, Texas. Places that are physically beautiful, that were just outside the core, and now are being built. Again, we can say that’s progress or not progress. If you’re commuting into downtown Austin, you’re not so excited about that, but I think in places that are still growing, it is pretty dynamic. Will we or should we repurpose these big-box, big glass modernist office buildings? Are they permanent or they’ve passed their due date? How should we think about those?…

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