2025 Year in Review: Leah Blackman, CM&B

What transaction, project, or key moment best reflected the direction of the New York CRE market this year?

In 2025, we saw a shift in Manhattan retail toward a more compact footprint, meeting the urban need for convenience while facing a tight market with high rents. Exemplified by our clients Whole Foods Market and Eataly, we had the opportunity to deliver two new Whole Foods Market Daily Shop locations and our first Eataly Caffè. These small-format concepts reflect a strategic response to evolving consumer expectations and the complexities of urban retail, where speed-to-market is essential.

What emerging trends or shifts will shape opportunities for you, your firm, or market sector in 2026?

Looking ahead to 2026, early engagement of a construction manager will become essential. From navigating complex projects to tight budgets and increasing regulations, clients increasingly recognize that involving a construction partner upfront reduces risk and improves efficiency. The benefits of a construction manager are too significant to ignore. Meanwhile, the stakes are too high for traditional approaches to commercial construction. The future isn’t just about building smarter; it’s about providing a seamless construction process while ensuring the client’s peace of mind.

What accomplishment, milestone, project or transaction stood out for you or your firm in 2025?

In 2025, CM&B presented for the fifth time at the FMI Energy & Store Development Conference, teaming up with BRR Architecture and Henderson Engineers. The true highlight wasn’t just the case study — it was the power of partnership. Together, we shared insights on the value of early collaboration, clear communication, and integrated strategies that make projects successful and ultimately turn clients into partners for life.