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Lynne B. Sagalyn

Ms. Sagalyn is the Earle W. Kazis and Benjamin Shore Professor Emerita of Real Estate at Columbia University’s School of Business, where she taught for more than twenty years and built its MBA Real Estate Program. As founding director of the Paul Milstein Center for Real Estate there, she spearheaded a program of deep engagement with the real estate industry. At other times she was on the faculty of the Department of Urban Studies and Planning at M.I.T. and the University of Pennsylvania’s Wharton School and School of Design. Widely known for her research on urban redevelopment, Professor Sagalyn is author of Power at Ground Zero: Politics, Money, and the Remaking of Lower Manhattan (Oxford University Press 2016), Times Square Roulette: Remaking the City Icon (MIT Press 2001), and co-author of Downtown, Inc.: How America Rebuilds Cities (MIT Press 1989), as well as numerous publications on real estate finance and strategy and urban development politics. She serves as a director of Blackstone Mortgage Trust (NYSE: BXMT), where she chairs the Audit Committee, and as an independent director on the Advisory Board of PRIME Property Fund of Morgan Stanley. In the not-for-profit realm, she serves on the Board of Directors of the Regional Plan Association and the Skyscraper Museum. She previously served on the Sunnyside Yards Steering Committee and the Chancellor’s Commission on the Capital Plan of the former NYC Board of Education, and has been a litigation expert and a consultant to both private firms and public agencies. Professor Sagalyn received her Ph.D. from the M.I.T., M.C.R.P. from Rutgers University, and B.S. with distinction from Cornell University.