News: Brokerage

REBNY announces honorees for the 129th REBNY Annual

Manhattan, NY The Real Estate Board of New York (REBNY) announced the industry and civic leaders who will be honored at the REBNY Annual, New York City real estate’s signature event, on Thursday, January 16, 2025 at The Glasshouse.

Now in its 129th year, the REBNY Annual will bring together the real estate industry, public officials, labor leaders, and other stakeholders for a night of celebration, unmatched networking, and a world-class culinary experience. REBNY will recognize this year’s remarkable lineup of honorees for their commitment and contributions to New York City and its residents. Honorees will be seated at the iconic REBNY dais alongside a select group of the city’s most influential leaders.

“More than just leaders in their respective fields, our 2025 honorees are bridge builders between communities, government and businesses that are essential for New York City’s economy and broader identity,” said REBNY President James Whelan. “These individuals have achieved considerable accomplishments during their careers and their influence will continue to guide New York City for decades to come. We look forward to honoring them at this year’s REBNY Annual.”

Honorees to be Recognized at the 2025 REBNY Annual

For more information on this year’s honorees, click here.

  • The Harry B. Helmsley Distinguished New Yorker Award: Presented to Scott Rechler, CEO and chairman, RXR, for exceptional accomplishments in the profession and invaluable contributions to New York’s civic welfare.
  • The Bernard H. Mendik Lifetime Leadership in Real Estate Award : Presented to Jonathan Mechanic, chairman of real estate department, Fried Frank, for exceptional service to the industry and remarkable professional accomplishments over the course of his career.
  • The Kenneth R. Gerrety Humanitarian Award: Presented to Michelle Adams, senior managing director, global external relations and business development, Tishman Speyer, for outstanding service to the community.
  • The John E. Zuccotti Public Service Award: Presented to Representative Ritchie Torres, United States Congressman for New York’s 15th Congressional District, for exceptional accomplishments and service to the public’s interest.
  • The George M. Brooker Management Executive of the Year Award: Presented to Thomas Lloyd, senior managing director of investor services, CBRE, recognizing exceptional career accomplishments as well as service to the profession and the broader community.
  • The Louis Smadbeck Memorial Broker Recognition Award: Presented to Nicola Heryet, principal, Avison Young, recognizing a REBNY broker with personal and professional integrity, long-term leadership and prominence in the brokerage community and participation in REBNY’s committees.
  • The Young Real Estate Professional of the Year Award: Presented to Craig Waggner, managing director, Cushman & Wakefield, for incredible professional achievements as a rising star of the industry and for civic leadership.
MORE FROM Brokerage

SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.