What transaction, project, or key moment best reflected the direction of the New York CRE market this year? 2025 marked NYC’s shift from hesitation to selective confidence. The most telling
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? Even in the middle of a contentious mayoral election with a clear front-runner for months, the
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? This has been a very exciting period for CetraRuddy, with growth in our office and significant projects.
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? For $18.62 million, which is $156 per buildable s/f, our team sold an approximately 20,000 s/f development site located at 64-11 Queens Blvd. in Woodside, Queens. We also worked alongside RIPCO’s debt & structured finance team
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? As I approach the end of my tenure as president of the National Society of American Registered Architects (SARA), founded in 1956, I wanted to highlight what this dedicated group of architects has achieved in the past two years. We have reinvigorated
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? United Group is humbled and honored to announce our project, The Six, located in Troy, NY, received best new multifamily project of the year, for 2025 by CRBRA. The Six will be United’s newest Class A multifamily development
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? GPARENCY worked with a bridge lender looking to expand its pool of money to continue lending. We succeeded in arranging a $30 million warehouse line of credit for this client. GPARENCY navigated the lender’s existing offers,
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? A highlight of my 2025 was watching two of CDLI’s newest affordable housing developments near completion. In partnership with Park Grove Realty, we created 33 units at Baldwin Commons, and with Conifer Realty, 228 units at 159 Main in Hempstead.
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? The standout was launching Union Channel, our 224-unit rental building in Gowanus and the first piece of our four-building Gowanus Wharf campus.
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? There’s been much discussion on shrinking office footprints nationwide, but in New York City, we’re seeing the opposite. This year, Spectorgroup has partnered with several companies that are significantly expanding or even doubling their existing square footage
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? Beyond the new Buffalo Bills Stadium, one of the largest active construction projects in Western New York is Uniland’s role as construction manager for a $110 million, 200,000 s/f warehouse facility in Hamburg, NY. This complex will serve as the new headquarters
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? Return to work trends have increased over the course of 2025, aligning well for the opportunity to expand Stark’s footprint in NYC.
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? My initial impression is that the velocity of deals for corporate office space has accelerated, especially in the second half of this year.
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? The sale of 41 Elizabeth St., a loft office and retail building in Manhattan’s Little Italy neighborhood, was a significant milestone for our firm this year.
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? Our firm has a longstanding relationship with Michael Kors, but 2025 was a particularly standout year for our ongoing collaboration as we complete three major retail venue designs for the global luxury brand, each a prototype concept launch.
strong>What transaction, project, or key moment best reflected the direction of the New York CRE market this year? The key moment that best reflected the direction of New York’s CRE market in 2025 was the surge in office-to-residential conversions. These transformations signal a strategic pivot toward adaptive reuse, driven by zoning flexibility, tax incentives, and growing housing demand.
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? One of NYC’s initiatives promoting housing affordability is an allowance of increased new development size in exchange for inclusion of affordable units in market-rate multifamily projects. Developers will continue to take advantage of this benefit.
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? I’m particularly proud of my team’s success in bringing on so many new agents this year. They worked incredibly hard to recruit the best of the best, and those agents are now receiving the training and mentorship needed to thrive.
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? New York remains one of the most sought after cities in the world. We continue to see companies relocating or expanding, overall strong employment figures, and a generally stable population with declining out-migration year over year.
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? Our biggest 2025 milestone was launching BEB Credit Opportunity Fund II, a major validation of our performance and strategy as an active value-add bridge lender.