What person, project, transaction, or market trend had the greatest impact on your industry this year? The self storage industry continues to consolidate with Extra Space Storage, the second largest REIT in the industry, purchasing Life Storage,
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? My greatest accomplishment of 2023 has been leading the renovation of New York University’s landmarked Rubin Hall, which will be one of the
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Crystal’s new Series 2700 Aluminum Window line offers superior energy efficiency, easily meeting NYC stringent energy codes.
What person, project, transaction, or market trend had the greatest impact on your industry this year? The arrival of 150,000 asylum seekers in NYC, which, though blessed with a Right to Shelter since 1980, was not prepared to welcome so many new New Yorkers. This forced
What person, project, transaction, or market trend had the greatest impact on your industry this year? In 2023, the surge in demand for thermally efficient products had great impact in our industry. GAMCO responded with new thermally efficient door and frame,
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? In 2023, one of JRM’s notable successes was expertly completing a large-scale redevelopment of 125 West End Ave. into a cutting-edge life science complex for Taconic.
What person, project, transaction, or market trend had the greatest impact on your industry this year? The shift in positioning for commercial office space to hospitality offerings and amenities for tenants has been a pivotal shift in the marketing of commercial real estate.
What person, project, transaction, or market trend had the greatest impact on your industry this year? We’re excited to have two great new multi-family developments, The Rose at Great Neck and Warner Avenue in Roslyn to be nearing completion.
What person, project, transaction, or market trend had the greatest impact on your industry this year? We’ve seen a continued push for transit-oriented multifamily projects at various scales, even while market conditions and interest rates might not be ideal. We’ve been able to work with top developers to get creative in finding unique TOD opportunities
What emerging trends will drive investment and development in 2024? 2024 is poised to be a landmark year of distress for New York City’s already troubled real estate market. Numerous factors that have significantly impacted property values over the past few years
What person, project, transaction, or market trend had the greatest impact on your industry this year? The greatest challenge of leadership is anticipating trends that will impact the direction of the real estate practice, which needs to constantly adapt to meet the needs of our clients.
What person, project, transaction, or market trend had the greatest impact on your industry this year? The 2023 NYC Real Estate Expo. What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023?