2024 Year in Review Mary Guarino, ERG Commercial Real Estate

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: Jonathan Fiato, Shawmut Design and Construction

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: Jay Rosenbaum, Rosenbaum Design Group Architecture

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: Simon Elkharrat, Fried, Frank, Harris, Shriver & Jacobson LLP

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? We saw some great office building and office space transactions happening on Park Ave. this year. Most notably, JPMorgan Chase acquired 250 Park Ave., Blackstone agreed to expand and extend its global headquarters lease to 1.06 million s/f at 345 Park

2024 Year in Review: Joe DiPompeo, PE, Structural Workshop

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024?  A new hotel development that was conceived pre and during covid and then shelved as rates and costs rose is coming back on line in a possible larger version. This is notable as it was the first signal that the shock from rates and inflation is abating. 

2024 Year in Review: Josh Berger, Norman Bobrow and Co., Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts?  I completed an off-market deal for a full floor at 430 Park Ave. for a Merchant Bank. Despite challenges in the overall leasing market, the availability rate in the Park Ave. Corridor

2024 Year in Review: Christopher Rotio, Town Title Agency, LLC

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? With our national licensure – we were able to close a construction loan for the development of Salato Residences in Pompano Beach as well as … 

2024 Year in Review: Marshall Cox, Kelvin

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? The standout deal of 2024 was the partnership between Kelvin, a climate tech company focused on decarbonizing legacy buildings, and ClearGen LLC, a Blackstone company providing clean energy funding.

2024 Year in Review: Shahid Jafri, Jafri Capital

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? This year, Jafri Capital made a strategic shift by forming a joint venture with Debt & Equity LLC, a leading debt and equity firm, positioning itself for growth in real estate and property technology. The firm is expanding its global presence to Dubai and Geneva.

2024 Year in Review: Dale Koch, P.E., Bohler

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? Our Long Island office saw a steady increase in workload, supported by a backlog of industrial projects and a significant uptick in multifamily residential projects.