Category: Spotlight Content

Every good building answers a simple question: what does this place give the people who walk into it? At Alley Pond Golf Center in Douglaston, Queens, the answer came in three parts — fuel, nourishment and pleasure — and

As the Qualified Opportunity Zone (QOZ) program moves from the Original Opportunity Zone regime (QOZ 1.0) to the new framework beginning in 2027 (QOZ 2.0), a recently released notice from the IRS provides important transition guidance.

When people hear about a proposed development like the Broome Technology Park, their first questions are naturally about what could eventually be built there. What kind of company could come? How many jobs could it create?

For a few days in July, a lot of us in this industry, as well as the world, were watching the same building. At 235 East 42nd St., the former Pfizer headquarters undergoing conversion to residential, steel columns buckled and upper floors dropped. Fire Department of the City of New York (FDNY)

If your budget feels stretched, you’re not alone. Insurance, payroll and maintenance expenses are up nationwide. Expenses for rental properties hit $8,657 per unit in 2024, and the costs just keep climbing. According to

Commercial real estate financing has been forever changed by artificial intelligence (AI). Banks of all sizes are exploring how to implement AI to streamline processes, analyze data, identify patterns and help employees access

What leadership lesson has made the greatest impact on your career? The biggest leadership lesson I’ve learned is that as your career progresses, your job changes. Early on, success was about producing great work myself. As a partner, success is increasingly about helping my colleagues and associates do their best work.

What trend or change in commercial real estate do you believe will have the biggest impact over the next five years? Retail is having a bit of a cautious comeback. Stores that previously vacated malls are returning to them, vacancy rates are decreasing in strip centers and local downtown areas and rental rates are increasing. This is due to a number of factors, including some changes in consumer behavior and the current status of the economy.

What was the most rewarding project or deal you’ve worked on in the past 12 months, and why? I negotiated a successful outcome for a unique property that plays a critical role in a municipal downtown district. After years under an IDA agreement, the property became fully taxable and faced a significant tax burden that threatened its viability.

>What trend or change in commercial real estate do you believe will have the biggest impact over the next five years? I believe the convergence of technology, data, and more flexible financing solutions will reshape commercial real estate over the next five years.

What was the most rewarding project or deal you’ve worked on in the past 12 months, and why? The past year has been incredibly rewarding because it has been a year of intentional growth for NYM. Every decision we’ve made has been focused on strengthening NYM for the future, from expanding our capabilities and enhancing our technology to refining our operations and building scalable systems that allow us to better serve our clients.

What was the most rewarding project or deal you’ve worked on in the past 12 months, and why? This year, I was advising a debt fund on the origination of a $115 million bridge loan secured by a mixed-use property in NJ and the subsequent pledge of that loan to our client’s repurchase facility.