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2023 Year in Review: Deborah Smith, The CenterCap Group
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? We have been quite vocal about the role of insurance companies as a potential source of permanent capital for the real estate estate investment management sector. We think that trend continues
2023 Year in Review: Roy Schwartz, Zetlin & De Chiara LLP
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? A notable victory concerned procuring summary judgment (valued at a few hundred thousand dollars, and also attorneys’ fees/costs and interest) on an unpaid
2023 Year in Review: Remi Fink, Jafri Journal
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? My most notable professional achievement revolves around cultivating valuable connections
2023 Year in Review: Timothy Shea, Jr., Certilman Balin Adler & Hyman, LLP
December 25, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? The most significant market trend for our industry has been the warehouse boom.
2023 Year in Review: Keyvan Ghaytanchi, BEB Capital
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? The successful closure of our debt fund. Since then, our focus has been implementing our strategic plan, with the primary objective of providing our investors with attractive, risk-adjusted returns.
2023 Year in Review: Donald Leistman,
Forchelli Deegan Terrana LLP
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Aside from obtaining large tax assessment reductions for commercial property owners, I predicted in the pre-season that Aaron Rodgers would be injured by the third game
2023 Year in Review: Shimon Shkury, Ariel Property Advisors
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? Affordable housing led the way in NYC’s multifamily market and proved a solid asset class of choice for mission-driven capital. Ariel’s team arranged two of the year’s significant affordable
2023 Year in Review: Matt Cosentino, TerraCRG
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? My most notable transaction in 2023 was the sale of 180 Bainbridge St., one of my favorite
2023 Year in Review: Jed Resnick, Douglaston Development
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Closing the acquisition of—and construction financing for—our $320 million project at 1057 Atlantic Ave., was a rare bright spot given current economic conditions. Upon completion,
2023 Year in Review: Chuck Merritt, Merritt Environmental Consulting Corp.
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? Higher interest rates have been the market trend over the past 18 months that have impacted our business the most. The higher rates have led to a decrease in volume. In
2023 Year in Review: William O’Brien, M.C. O’Brien Inc.
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? Interest rate spikes while historically still not high have created issues as owners and developers have counted on super cheap money. That coupled with new underwriting requirements for institution financing have led to stress for many asset classes.
2023 Year in Review: Harold Bordwin, Keen-Summit Capital Partners LLC
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023?Despite the challenging market for office properties, we sold thirteen office buildings and a retail strip center, putting 260+ buyers under NDA and receiving eight qualified, irrevocable bids with deposits.
2023 Year in Review: Justin Hermann, smartIT LLC
December 26, 2023
How has your career path changed in 2023? I have taken my hands off the keyboard after being a technical leader for the past six years with our team at smartIT. My focus now is to help prospective and existing clients in their security and IT journey. I spend most of my time meeting with our clients helping them
2023 Year in Review: John Malizia, A-1 Roofing & Siding of L.I. Corp.
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? The replacement of multiple roof surfaces at the eponymous Starrett-Lehigh building. Set upon the Hudson River with breathtaking views of the city’s skyline, this project had it all; a multitude of trades
2023 Year in Review: Megan Grand,
MTG Creative Group
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? The surge in available office space throughout 2023 positively impacted our business. Previously unmarketed properties now require compelling promotional materials
2023 Year in Review: Alex Lipsky, Lipsky Construction
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? In response to dynamic market shifts, Lipsky Construction has evolved into a true one-stop turnkey operation through our developer-focused construction management services.
2023 Year in Review: Ariel Holzer, Falcon Rappaport & Berkman PLLC
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? In the past couple of years, we have watched the real estate market react to external market pressures and incentives. In 2022 and the first half of 2023 we saw a rush of financings and refinancings against fears of further interest rate hikes.
2023 Year in Review: Marc Spector,
SPECTOR companies
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? “With gratitude, optimism is sustainable”. This daily manifestation is the bridge to our firm’s success in 2023, personally and professionally.
2023 Year in Review: Donald Gelestino, Champion Elevator Corp.
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? The rapid adoption of smart elevator technologies significantly impacted our industry this year. These systems are revolutionizing urban vertical transportation, enhancing both efficiency and safety.
2023 Year in Review: Jeff Hendler, Logical Buildings
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? Decarbonization, electrification, and Local Law 97 (LL97) significantly shaped our industry. The increased focus on the energy transition in built environment in NYC underscored the urgent need for building-level efficiency