Category: Spotlight Content

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? Most significant project accomplishment for 2024 is gaining the zoning approvals for the AIREF Logistics Center located at Woodside Ave., Bellport, NY. This vacant, approximately fifty-acre industrial warehouse project will be comprised of four buildings totaling approximately 400,000 s/f in a Light Industrial

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024?  This year we were thrilled to see one of our most prominent mixed-use transit oriented development projects, Bryant Plaza at the Roslyn LIRR station, brought to life. This development is as good an example

What noteworthy transactions or deals from this year best exemplified key market trends or shifts?  High interest rates, inflation, and cost increases across the board affected all our clients, especially those in real estate management and development, architecture, construction, etc.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? In November 2024, I successfully brokered a significant joint venture between a prominent NYC developer and a church group. The agreement allows the church to contribute their land while retaining ownership of their property,

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024?  The Berman Group’s creative team has led the design, positioning and marketing of two premier Brooklyn campuses for the City of New York and NYC Economic Development Corporation.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts?  Cord Meyer Development anticipated the growing trend of restaurants expanding into vibrant, outdoor-friendly spaces by creating a dynamic restaurant row at Bay Terrace Shopping Center. We envisioned a destination that combined appealing landscaping, inviting outdoor seating, and a diverse culinary offering to meet the rising demand for dining experiences beyond traditional indoor settings.

What emerging trends will drive investment and development in 2025?  New York City’s multifamily market is seeing momentum, with transaction volume rising for two consecutive quarters. The third quarter saw a 12.8% increase over Q2, driven by optimism about potential interest rate cuts and renewed confidence following a Trump win. Furthermore, NYC’s resilient rental market, where rents continue to grow despite national declines,

What noteworthy transactions or deals from this year best exemplified key market trends or shifts?  Ariel’s Capital Services Group arranged a $33.75 million acquisition loan for a 105,282 s/f, 151-unit, predominantly free-market luxury multifamily property on Manhattan’s UES, exemplifying continued investor appetite

What noteworthy transactions or deals from this year best exemplified key market trends or shifts?  This year, all of the hotel transactions I closed were financed either through our life company correspondent lenders or network of CMBS lenders. This highlights a notable shift in the lending landscape,

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? Our firm represented Long Island Waste Services in connection with a recapitalization involving a significant equity investment from Terramont Infrastructure Partners, a middle-market focused infrastructure investment firm. Long Island Waste Services is a locally owned and operated waste management company.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts?  As a tax certiorari attorney, my sole focus is to have my clients pay no more taxes than reflects the fair market value of their property. Municipalities want to protect their tax base and are, therefore, reluctant to reflect deficits to a property’s fair market value.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts?  A project we completed for a confidential client in NYC demonstrated the flexibility needed for today’s workplace to remain relevant. We explored solutions using furniture only — no demolition required.