What person, project, transaction, or market trend had the greatest impact on your industry this year? The post-pandemic world has seen a number of market trends that negatively affected real estate and construction, both in the residential and commercial markets.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? The East Midtown Greenway, nearing completion, is a leading example of resilient and sustainable construction. A standout in our NY portfolio, the project will
What person, project, transaction, or market trend had the greatest impact on your industry this year? Preparation for Local Law 97 compliance has had a tremendous impact on existing market rate properties this year. During 2023, I engaged in Local Law 97 consulting
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? In 2023, I am proud to highlight the successful $53 million transformation of 767 Third Ave. The revamped lobby and beautifully designed amenity space, Oasis,
What person, project, transaction, or market trend had the greatest impact on your industry this year? Unquestionably, rising interest rates had the greatest impact on business. Transaction volume, across property types and locations, decreased significantly due to
What person, project, transaction, or market trend had the greatest impact on your industry this year? With courts increasingly moving their dockets, this has been a year of working on and resolving years-old disputes between landlords and tenants.
What person, project, transaction, or market trend had the greatest impact on your industry this year? More than $16 billion in loans backed by NYC CRE were set to mature this year, impacting some high-profile office buildings. Much of my work this year involved
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Janover’s most notable transaction in 2023 was our joining Armanino LLP. Armanino is a fantastic national CPA and consulting firm which started in
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.
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
