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Spotlight Content
Posted: December 23, 2025
2025 Year in Review: Anthony Pili, Orange Bank
Chief Innovation Officer
Orange Bank
What transaction, project, or key moment best reflected the direction of the New York CRE market this year?
The industrial and last-mile logistics sector is showing strong, stable growth, with major Bronx and NYC-area leases and financings driving demand for modern warehouse space. Orange Bank & Trust’s footprint aligns closely with this expansion. High-value sales like 1101 Oak Point Ave. and 158–164 Locust Ave. confirm inelastic demand, while the Bronx Logistics Center’s successful multi-story leasing sets the new standard for Class A urban industrial development.
What emerging trends or shifts will shape opportunities for you, your firm, or market sector in 2026?
The proposed Community Opportunity to Purchase Act (COPA), or Intro 902, would require owners of many NYC residential buildings to notify qualified nonprofits or tenant groups and give them a first opportunity to buy before selling. While it was expected to pass by late 2025, the bill aims to let nonprofits and community land trusts acquire properties, especially distressed ones, to preserve long-term affordability before they reach the private market.
MORE FROM Spotlight Content
NYREJ's 2026 Developing Long Island Spotlight Participation Options
This special section will feature projects completed within the past six months as well as projects that are currently under construction across Long Island, submitted by developers, general contractors, construction managers, and architectural firms.
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Quick Hits
Columns and Thought Leadership
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.
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”.
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
