What emerging trends or shifts will shape opportunities for you, your firm, or market sector in 2026? AI-driven innovation will continue shaping real estate law and deal execution. Seyfarth’s investment in practice-specific AI tools such as Orbital creates efficiencies in contract review, due diligence, and compliance, enabling faster, more accurate transactions
What emerging trends or shifts will shape opportunities for you, your firm, or market sector in 2026? In 2026, we see companies leasing commercial real estate continuing to focus on flexibility when planning their workspace as hiring and growth demands may start to be impacted by AI.
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? One of our firm’s first ground-up design projects, a five-story firehouse in Elmhurst Queens finally broke ground on its former site and is
What emerging trends or shifts will shape opportunities for you, your firm, or market sector in 2026? Opportunities will be shaped by human-centered design and high-performance spaces. Amenity-rich environments are evolving from checklist items to meaningful spaces that foster connection and creativity,
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? It’s tough to single out just one transaction or project, because this year we’ve closed deals with a really wide range of retailers and businesses - many of whom are optimistic about the future of New York and the region.
What emerging trends or shifts will shape opportunities for you, your firm, or market sector in 2026? In 2026, rising electricity demand from data centers, EV adoption, and electrification will intensify pressure on aging grid infrastructure.
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? It would be hard to argue against the election of Zohran Mamdani as the incoming mayor of New York City. He ran on a platform of “affordability” with many promises of cost-of-living reductions and dramatically more affordable housing.
What emerging trends or shifts will shape opportunities for you, your firm, or market sector in 2026? In 2026, I see opportunity flowing from three shifts: experiential elevation in “phygital” retail, accelerated adoption of AI enhanced design workflows, and the rapid reinvention of store footprints.
What emerging trends or shifts will shape opportunities for you, your firm, or market sector in 2026? Looking ahead to 2026, three trends that will influence New York CRE: refinancing pressures, evolving workforce and benefits needs, and increased PropTech adoption.
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? The opening of the JP Morgan tower on Park Ave. Five years after the COVID lock-down and NYC dramatically emptied out, this is a tremendously powerful symbol. New York again overcomes, and reaches new heights.
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? It has been an amazing year in terms of record-breaking conversions, with such office-to-residential projects as 25 Water St. completed and the Pfizer midtown building announced.
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? We advised a joint venture of RXR and Elliott Investment Management on the $1.08 billion acquisition of 590 Madison Ave., a trophy one-million-square-foot Class A office tower in Midtown Manhattan, from STRS Ohio.