The Real Estate Division of the Diabetes Research Institute (DRI) will host its 14th annual Empire Ball at the Grand Hyatt in New York City. Leading real estate NYC figures, including Jason D. Pizer , CEO of Trinity Real Estate and Ron Hershco of Hershco properties are expected to attend.
The fundraiser aims to raise $1.4 million in support of the DRI's cure-focused research. There are nearly 26 million Americans living with diabetes, including as many as seven million who do not even know they have it - making the disease one of the biggest health concerns in the U.S. today. The World Health Organization estimates that there are more than 346 million people worldwide who have diabetes, a number that is likely to more than double by 2030. The disease kills more people than AIDS and breast cancer combined, which is why the DRI is so focused on finding a cure now.
Over the past 29 years, the event has become the New York City real estate industry's social and fundraising event of the season. Past honorees include: Alton Marshall , Former Secretary of State under Governor Rockefeller; Businessman William "Bill" Shea, for which Shea Stadium is named; Charles Urstadt ; David Baldwin ; Jody Durst ; William S. Macklowe ; Gerald D. Schein ; Lizanne Gaibreath; Edward S. Gordon ; John Catsimatidis ; and others.