Long Island Builders’ Institute Chief Executive Officer Mitch Pally Discusses “The Outlook for the Redevelopment of Underutilized Shopping Centers” at LIMBA

LIMBA (Long Island Metro Business Action) has announced that Mitch Pally, Chief Executive Officer, Long Island Builders’ Institute (LIBI), will be the guest speaker at the business networking group’s next virtual meeting on Friday, February 5. The topic will be “The Outlook for the Redevelopment of Underutilized Shopping Centers.”

Since 2010, Mr. Pally has served as LIBI’s Chief Executive Officer. Prior to that, he worked for the law firm Weber Law Group, where he was Partner in Charge of the firm’s Government Relations practice group and concentrated his practice in land use and real estate. Before that, he was Vice President of Government Relations for the Long Island Association, a position that he held for more than 20 years. In addition, he served as the Suffolk County representative of the Metropolitan Transportation Authority’s Board of Directors from 2004 to 2018.

Formed in 1941, LIBI is the largest residential and mixed-use trade association in New York State. The organization is comprised of building industry professionals who are dedicated to making Long Island a better place to live and work by creating a balance among the economy, the environment and achieving the goal of homeownership. LIBI represents builders; remodelers; commercial, residential and multifamily developers; and rental buildings, as well as general contractors and professionals serving Long Island.

“We welcome Mr. Pally to speak to our group on this very relevant topic,” said Ernie Fazio, Chairman, LIMBA. “The COVID-19 lockdowns put many stores out of business and left behind empty shopping centers in their wake. We will find out if the retail market can make a comeback and, if not, what other uses are available for these vacant properties.’

“The redevelopment of underperforming shopping centers, both neighborhood and regional, provides our Long Island communities with a great opportunity to allow for the inclusion of new housing options within already developed areas without knocking down any trees,” Mr. Pally said. “Since we are not creating any new land, the ability to redefine such existing developments, within today’s retail climate, is a perfect way for all of Long Island to be able to redefine what it means to live, work and play in the community.”

The meeting begins at 9 a.m. Please visit the LIMBA website to register for the event. Registration is free, but spots for this discussion will be limited.

Sponsorship opportunities are available. For more information, or for a list of upcoming events, call (631) 757-1698 or visit www.limba.net.

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About LIMBA

Since 1968, LIMBA (Long Island Metro Business Action) has been Long Island’s catalyst for economic investment and improvement, sponsoring lively breakfast forums featuring Long Island business activists and government officials. Its mission is to promote and address issues that affect the quality of life on Long Island. For more information, call (631) 757-1698 or visit www.limba.net.