Commercial real estate leaders at the Real Estate Board of New York’s 130th REBNY Annual had plenty to say when Connect CRE asked them what the city’s new mayor should focus on primarily. Working together with the industry and coming up with long-term solutions to the question of affordability were key themes.
For example, Bruce Mosler, chairman of global brokerage Cushman & Wakefield, called for public-private partnerships to build more affordable housing and therefore retain the city’s workforce. “We have a 1% vacancy in the housing arena; that’s not going to suffice for the long run,” said Mosler.
In the video below, you will also hear insights from Camille McGratty, head of real estate, Hospital for Special Surgery and 2026 REBNY honoree; David Falk, president, Tri-State Region, Newmark; Gary Malin, COO, Corcoran Group; Jeff Gural, chairman, GFP Real Estate and 2026 REBNY honoree; Leslie Himmel, founder and managing partner, Himmel + Meringoff Properties; Christine Quinn, president and CEO, Women in Need; and James Nelson, head of U.S. Investment Sales, Avison Young.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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