Category: Spotlight Content

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.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024?  In 2024, CoreNet NYC strengthened its commitment to supporting and expanding the network of XBE firms through their XBE Sponsorship iniative. The program encourages CoreNet sponsors to support an XBE firm by purchasing a sponsorship on their behalf

What noteworthy transactions or deals from this year best exemplified key market trends or shifts?  The deal from 2024 that I am most proud of is the sale of a prime condo development site in Long Island City at 10-37 & 10-45 49th Ave. In this case, Brax Realty represented both the seller and procured the buyer.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024?  This last year, my most notable achievement was advancing Sage’s transformation from a traditional real estate company into a recognized commercial real estate brand. This vision includes pioneering efforts to extend Sage’s brand identity beyond our own portfolio,

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? MECC was retained by a local developer acquiring a large swath of properties in Suffolk County to provide phase one Environmental Site Assessments (ESA’s) as they plan a major transformation of the area.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? My greatest professional accomplishment was guiding my clients through complex challenges — such as pursuing growth through mergers and acquisitions, developing successful succession plans, and capitalizing on tax-saving opportunities — which led to Anchin achieving recognition as a 2024 Top 50 Accounting Firm by Construction Executive.

What emerging trends will drive investment and development in 2025?  Tech-integrated developments will become more prevalent: • Smart buildings: High-tech amenities like advanced energy management systems, app-controlled facilities, continued build-out of Co-gen plants, and AI-driven security will differentiate projects, to comply with a myriad of new local laws and mandated lower admissions of carbon footprint when developing buildings.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024?  In 2024, VTS focused on driving additional value for our customers with three software launches to help owners and operators consolidate their tech stacks and increase ROI. In March, we launched VTS 4, powered by the VTS Demand Model, helping landlords and their agents identify prospective tenants 3-4 months before touring assets.