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Kenneth Bernstein

President, Chief Executive Officer & Trustee, Acadia Realty

Search every verified Kenneth Bernstein interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Kenneth Bernstein, president and CEO of Acadia Realty Trust, appeared on the ICSC podcast "From Where I Sit" in a video episode released September 25, 2026, in conversation with ICSC President and CEO Tom McGee. During the discussion, Bernstein reflected on leading the company through multiple economic cycles, including the dot-com bubble, the Global Financial Crisis, and COVID-19, and discussed current trends in retail real estate. He noted a shift by brands away from department stores toward their own stores, which he described as a tailwind for open-air retail and enclosed malls, and said Acadia has increasingly brought in younger, often European brands that might previously have entered the U.S. through department stores. Bernstein also addressed changes in his investment approach, saying that in recent years Acadia has moved from buying opportunistically in good locations toward building concentrations of retail on specific streets to better curate the tenant mix. He commented on the impact of online sales tax exemptions, stating that a 6% discount on online purchases mattered more than many appreciated in 2015-16. On urban recovery, he said that assuming any city's return is inevitable would be arrogant, but that betting against most cities, including New York, would also be a mistake, citing the residential market as an early indicator of tenant sales recovery during COVID.

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