Portfolio of landmark buildings creates diverse set of exposures

By Unknown at 9:35:00 AM

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Silverstein Properties Inc.'s exposures might appear to be “straightforward and fairly common” on the surface, according to Shari Natovitz, the New York-based developer's senior vice president and director of risk management.

The company provides management services as part of its building ownership and develops major office, residential and mixed-used projects, she points out.

But the geographic location and size of the projects “propel these into far more difficult risks. Just as earthquake or coastal wind can be significant exposures and color the structure of a portfolio, we are challenged to address the exposures,” Ms. Natovitz said.