Lynne Sagalyn
Earle W. Kazis and Benjamin Schore Professor Emerita of Real Estate
Finance
BS, Cornell, 1969; MCRP, Rutgers, 1971; PhD, Massachusetts Institute of Technology, 1980
Joined CBS in 1992
Biography
LYNNE B. SAGALYN is the Earle W. Kazis and Benjamin Schore Professor Emerita of Real Estate at Columbia Business School, where she was formerly the director of the MBA Real Estate Program and the founding director of the Paul Milstein Center for Real Estate.
An expert in real estate development and finance, Sagalyn has published extensively on a broad range of issues in the fields of urban development finance, public/private partnerships, and real estate finance. In addition to which, she has developed scores of cases for graduate-level teaching of real estate finance and investment strategy and been an innovator in curriculum for real estate study.
Sagalyn is widely known for her research on city building. Her most recent book, Power at Ground Zero: Politics, Money, and the Rebuilding of Lower Manhattan (Oxford University Press), has received continuous praise and is regarded as the definitive account of that rebuilding challenge. Her earlier books on city building include Times Square Roulette: Remaking the City Icon (MIT Press, 2001), and, Downtown Inc.: How America Rebuilds Cities, co-authored (MIT Press, 1989).
Professor Sagalyn’s activities outside academia are diverse. She serves on the board of UDR (NYSE: UDR), Blackstone Mortgage Trust (NYSE: BXMT) and chairs its audit committee, and the Advisory Board of Morgan Stanley PRIME Property Fund, and Olshan Properties, a family real estate company. In the not-for-profit realm, she is a member of the board of directors of the Regional Plan Association (RPA) and co-chairs its New York Committee, the Skyscraper Museum and serves as vice president, the board of the New York City Trust for Cultural Resources and chairs its audit committee, and a member of the audit and compliance committee of Planned Parenthood New York City. She has been a litigation expert, a consultant to both private firms and public agencies, and a member of the New York City [Board of Education] Chancellor’s Commission on the Capital Plan. She has done extensive executive teaching, particularly for Tishman Speyer Properties and the Urban Land Institute.
In addition to her more than twenty years at Columbia Business School, Sagalyn has held appointments at the University of Pennsylvania in both the School of Design (City Planning Department) and the Wharton School (Real Estate Department), and at M.I.T., Department of Urban Studies and Planning, where she taught courses in public policy and real estate finance as part of the school’s pioneering degree program in real estate development.
Professor Sagalyn received her Ph.D. from the Massachusetts Institute of Technology, a Master of City and Regional Planning from Rutgers University, and a B.S. with distinction from Cornell University.
Memberships & Affiliations
- UDR (NYSE:UDR), Vice Chairman. - Blackstone Mortgage Trust (NYSE:BXMT), Board member and Chair of the Audit Committee. - Board member, Regional Plan Association. - Audit and compliance committee member, Planned Parenthood New York City. - Board Member, Skyscraper Museum