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2024 Year in Review: Jay Rosenbaum, Rosenbaum Design Group Architecture
December 31, 2024
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? For the year 2024, in addition to its share of commercial projects from its loyal client base, Rosenbaum Design Group was fully immersed as lead architect in the revitalization of the Shops on Broadway in Hicksville, NY.
2024 Year in Review: Jonathan Fiato, Shawmut Design and Construction
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? At Shawmut we continue to work in the towers that are paving the way for the new office model — most notably 425 Park Ave., where we completed Four Twenty Five restaurant and continued our work on tenant build-outs and amenity spaces.
2024 Year in Review Mary Guarino, ERG Commercial Real Estate
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? This year, the real estate market faced significant shifts that highlighted the growing challenges for certain asset classes, particularly office spaces. One telling example was a client who sought to refinance out of a private loan.
2024 Year in Review: Nick Romito, VTS
December 31, 2024
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? In 2024, VTS focused on driving additional value for our customers with three software launches to help owners and operators consolidate their tech stacks and increase ROI. In March, we launched VTS 4, powered by the VTS Demand Model, helping landlords and their agents identify prospective tenants 3-4 months before touring assets.
2024 Year in Review: Marc Freud, Troutbrook Development
December 31, 2024
What emerging trends will drive investment and development in 2025? Tech-integrated developments will become more prevalent: • Smart buildings: High-tech amenities like advanced energy management systems, app-controlled facilities, continued build-out of Co-gen plants, and AI-driven security will differentiate projects, to comply with a myriad of new local laws and mandated lower admissions of carbon footprint when developing buildings.
2024 Year in Review: Phillip Ross, CPA, CGMA, Anchin
December 31, 2024
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? My greatest professional accomplishment was guiding my clients through complex challenges — such as pursuing growth through mergers and acquisitions, developing successful succession plans, and capitalizing on tax-saving opportunities — which led to Anchin achieving recognition as a 2024 Top 50 Accounting Firm by Construction Executive.
2024 Year in Review: Chuck Merritt, Merritt Environmental Consulting
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? MECC was retained by a local developer acquiring a large swath of properties in Suffolk County to provide phase one Environmental Site Assessments (ESA’s) as they plan a major transformation of the area.
2024 Year in Review: Jonathan Kaufman Iger, Sage
December 31, 2024
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? This last year, my most notable achievement was advancing Sage’s transformation from a traditional real estate company into a recognized commercial real estate brand. This vision includes pioneering efforts to extend Sage’s brand identity beyond our own portfolio,
2024 Year in Review: Cole Kinney Leonhardt, Brax Realty
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? The deal from 2024 that I am most proud of is the sale of a prime condo development site in Long Island City at 10-37 & 10-45 49th Ave. In this case, Brax Realty represented both the seller and procured the buyer.
2024 Year in Review: Larry Charlip, CoreNet New York City
December 31, 2024
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? In 2024, CoreNet NYC strengthened its commitment to supporting and expanding the network of XBE firms through their XBE Sponsorship iniative. The program encourages CoreNet sponsors to support an XBE firm by purchasing a sponsorship on their behalf
2024 Year in Review:
Laura Rapaport, North Bridge
December 31, 2024
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? This year, in a commercial real estate market struggling with distress and expensive access to capital, I led my team at North Bridge to secure a $1 billion commitment from The Carlyle Group to facilitate the origination of C-PACE,
2024 Year in Review: Holly Williamson LEED AP, NCIDQ, NELSON Worldwide
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? A project we completed for a confidential client in NYC demonstrated the flexibility needed for today’s workplace to remain relevant. We explored solutions using furniture only — no demolition required.
2024 Year in Review: Laureen Harris, Forchelli Deegan Terrana LLP
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? As a tax certiorari attorney, my sole focus is to have my clients pay no more taxes than reflects the fair market value of their property. Municipalities want to protect their tax base and are, therefore, reluctant to reflect deficits to a property’s fair market value.
2024 Year in Review: Nicholas Venditto, Certilman Balin Adler & Hyman LLP
December 31, 2024
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? Our firm represented Long Island Waste Services in connection with a recapitalization involving a significant equity investment from Terramont Infrastructure Partners, a middle-market focused infrastructure investment firm. Long Island Waste Services is a locally owned and operated waste management company.
2024 Year in Review: Katie Vivian, Largo Capital
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? This year, all of the hotel transactions I closed were financed either through our life company correspondent lenders or network of CMBS lenders. This highlights a notable shift in the lending landscape,
2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.
2024 Year in Review: Shimon Shkury, Ariel Property Advisors
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? Ariel’s Capital Services Group arranged a $33.75 million acquisition loan for a 105,282 s/f, 151-unit, predominantly free-market luxury multifamily property on Manhattan’s UES, exemplifying continued investor appetite
2024 Year in Review: Dan Bythewood,
LaCité Development, LLC
December 31, 2024
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? While we continue to explore opportunities in New York and manage our Hempstead rental property, our development site in the city of Baltimore has seen tremendous strides. We signed a deal with NVR/Ryan Homes,
2024 Year in Review: Lev Mavashev, Alpha Realty
December 31, 2024
What emerging trends will drive investment and development in 2025? New York City’s multifamily market is seeing momentum, with transaction volume rising for two consecutive quarters. The third quarter saw a 12.8% increase over Q2, driven by optimism about potential interest rate cuts and renewed confidence following a Trump win. Furthermore, NYC’s resilient rental market, where rents continue to grow despite national declines,
2024 Year in Review: Matthew O’Grady, Cord Meyer Development Company
December 31, 2024
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? Cord Meyer Development anticipated the growing trend of restaurants expanding into vibrant, outdoor-friendly spaces by creating a dynamic restaurant row at Bay Terrace Shopping Center. We envisioned a destination that combined appealing landscaping, inviting outdoor seating, and a diverse culinary offering to meet the rising demand for dining experiences beyond traditional indoor settings.