Spotlights
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.
2024 Year in Review: Justin Pelsinger, Charney Companies
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? Our student housing project in Morningside Heights that we closed on in 2024 exemplifies the continued growth and strength of the housing market in and around universities. This is a sector that is often overlooked in major metropolitan cities.
2024 Year in Review: Slawek Mazurek, Prime Glass, Inc.
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? Our architectural glass and metal firm has seen a significant increase in the multi-family and retail work in the past 18 months. In particular, we have fabricated and installed a high number of interior partitions, shower enclosures, glazed stair and balcony railings and storefronts at both new ground-up and commercial-to-multifamily redevelopment residential projects.
2024 Year in Review: Michael Webb, Farrell Fritz
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? Obtaining approvals for economic incentives from local Industrial Development Agencies for construction of transit-oriented, multi-family housing on Long Island. The first project, a 63-unit development near the Valley Stream LIRR, received approval from the