News:
Spotlight Content
Posted: December 26, 2023
2023 Year in Review: Nina Roket, Olshan Frome Wolosky LLP
Co-Managing Partner
Olshan Frome Wolosky LLP
What person, project, transaction, or market trend had the greatest impact on your industry this year?
Rise in interest rates and continued low office use have had a strong impact. I hear the worst of inflation is behind us, which should give the Fed a reason to pause interest rate hikes.
How has your career path changed in 2023?
It has been a challenging environment to get deals done; a market which requires creativity and thinking out of the box; no longer business as usual; deals are harder to get done and has required me to find alternative ways to help clients reach their goals. Many deals have turned at the 11th hour and it takes excellent technical and negotiating skills and business savvy to get deals done. I am always looking for a way to yes.
What emerging trends will drive investment and development in 2024? AI and digital economy will drive high demand for data centers; wellness real estate will soar; strength in retail will continue to grow; hospitality driven and focused amenities will be the focus for office.
Tags:
Spotlight Content
MORE FROM Spotlight Content
2026 Developing Queens: The Sutphin Hillside Towers at Jamaica Station
Queens, NY Asset CRG Advisors brokered one of the largest Opportunity Zone development sales in the country — a transformative site in the heart of downtown Jamaica. Managing partners Yuriy Ustoyev and Sadya Liberow represented both buyer and seller in the $59.7 million transaction
.png)
Columns and Thought Leadership
2026 Developing Queens: Long Island Board of Realtors advances commercial growth and advocacy in Queens
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
Properly serving a lien law Section 59 Demand - by Bret McCabe
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
CRE Guide Featured Company: Merritt Environmental Consulting Corp.
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
