>What transaction, project, or key moment best reflected the direction of the New York CRE market this year? This year’s market was defined by renewed competition for high-quality space. A great example was our Plaza District search for a financial-services client, where we saw bidding wars in multiple buildings
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? We have lots to be proud of, including the expansion of P.S. 87 and a men’s shelter nearing completion – both in the Bronx — but we’ll always think of 2025 as the year RKTB co-founder Carmi Bee stepped back from leadership,
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? The New York office market is back ... but only for Class A or “trophy” assets. Quality office buildings are seeing leasing volume well above historic averages with strong demand from major corporate tenants.
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? The $320 million financing we arranged for Bushburg’s conversion of 80 Pine St. exemplified the direction of New York CRE this year. Arrow was among the first to recognize office-to-residential conversions as a viable means of adding product to the supply-constrained multifamily sector,
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? About 12 months ago I posted on LinkedIn about our Falkbuilt operable walls. I was obviously hoping the right person(s) would see it and sure enough
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? Representing The Naftali Group in the development of Williamsburg Wharf on 3.75 acres of land with 525 ft. of waterfront on the East River containing five, 22-story residential buildings containing 850 residences, retail, amenities,
What transaction, project, or key moment best reflected the direction of the New York CRE market this year? Blackstone’s purchase of 1345 Avenue of the Americas was a clear signal that institutional capital is regaining confidence in the New York office market.
What accomplishment, milestone, project or transaction stood out for you or your firm in 2025? This year saw MdeAS expanding into hospitality and retail with Michelin-starred chef Michael White’s new restaurant Santi at 520 Madison Ave.
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.
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? 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? 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.