2025-Innovators in Commercial Real Estate-<br>Alex Lipsky of Lipsky Construction Management

Impact Highlight: Describe a recent program, initiative, or process implemented by you and the impact on your firm, organization, or community. Our pre-construction team continues to provide our developers with conceptual ROM pricing early in the development phase for our clients. This gives our clients a true understanding of project costs before design even begins. This process has saved projects millions by identifying cost drivers early. It’s changing how real estate deals are underwritten — shifting from “per-square-foot” guesswork to data-driven modeling that investors can confidently present to lenders and partners.

Innovative Outlook: Where do you see the biggest opportunities for innovation in the commercial real estate sector? With the high cost of land on Long Island, the future of commercial real estate is all about precision. Developers are demanding accurate cost modeling, schedule forecasting, and market insight earlier than ever before. Construction managers who can provide this clarity, who understand both site logistics and return metrics, will become indispensable. That’s where Lipsky thrives: guiding developers through decisions that shape the entire lifecycle of an investment, not just its construction phase.