2025 Year in Review: Hal Fetner, Fetner Properties

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

The closing of 240 Willoughby was an epic transaction for Fetner Properties. This was an extremely complicated tri-party transaction for the purchase of a partially completed 500-unit residential building that took close to 10 months to complete.

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

Fetner Properties continues to be extremely bullish on New York City housing, and so long as there are continued obstacles to creating new housing, we will continue pursuing the best-in-class rental buildings for purchase.