As we step into the heart of 2025, signs of a healthier, more active New York City real estate market are coming into clear focus. The buzz that began late last year — with packed open houses and competitive bids even in December — has grown into a meaningful return of confidence. At Duke Properties, […]
The Co-op Comeback: Why 2025 Is the Year to Buy Smart in New York Read More »
As someone deeply engaged in New York City’s housing landscape, I’ve seen firsthand how rental markets shift with the tides of economic policy, construction activity, and regional growth. While the Realtor.com April 2025 Rental Report spotlights five coastal cities grappling with rental affordability—including New York, Miami, and Los Angeles—it also reveals a broader, encouraging trend:
Resilient Renters and Responsible Growth: Navigating NYC’s Evolving Housing Market Read More »
The first quarter of 2025 has brought with it a wave of positive momentum in New York City’s outer boroughs—especially in the industrial sector, where we’re seeing tangible resilience and renewed investor and tenant confidence. According to Colliers’ latest market report, leasing activity surged by over 16%, totaling 561,743 square feet of space transacted in
Outer Boroughs Thrive: New York Industrial Market Signals Optimism in 2025 Read More »
Why Local Insight Still Matters More Than Ever New York City is in a constant state of transformation. From East Harlem to Crown Heights, new developments rise, longtime residents fight to stay, and the balance between progress and preservation grows more delicate with each passing year. In this ever-changing environment, local real estate professionals are
Rooted in the Block: The Lasting Value of Local Expertise in NYC Real Estate Read More »
An Ongoing Crisis for Rent-Stabilized Housing New York City’s affordable housing system is at a critical inflection point. With over one million rent-stabilized apartments impacted by the Rent Guidelines Board’s (RGB) preliminary vote this month, the decision to cap rent increases between 1.75% and 4.25% for one-year leases and up to 7.75% for two-year leases
Over the years, I’ve had the opportunity to engage with co-op owners, board members, and managing agents across New York City. And one issue that repeatedly surfaces—especially in mature markets like Queens—is the growing tension between co-op boards and nonresident shareholders over subletting fees and surcharges. A recent story caught my attention: a shareholder who
Rethinking Co-op Fees: Fairness, Transparency, and the Rights of Shareholders Read More »
Introduction: A Turning Point in Regional Policy As someone deeply invested in both urban development and sustainable growth, I’ve followed New York City’s land acquisition strategy in the Catskills with interest for years. The recent decision to end this 28-year buying initiative marks a turning point not only for the city but for the future
Balancing Conservation and Community: NYC Ends Its Catskills Land Acquisition Era Read More »
After years of uncertainty, cautious optimism, and uneven recoveries, Manhattan’s office market has finally delivered the moment we’ve all been waiting for — a decisive rebound that signals the city’s enduring strength. According to a new Savills report, Manhattan’s office leasing activity reached 12.2 million square feet in the first quarter of 2025. That’s the
Manhattan’s Office Market Roars Back: A New Chapter of Growth and Optimism Read More »
A Beacon of Hope: Resilience in the Face of Adversity The recent spate of natural disasters across the nation has served as a stark reminder of the vulnerability of our built environment. From the devastating wildfires that ravaged Southern California to the historic winter storm that crippled parts of the country, the urgent need for
Midtown South (MidSo) has emerged as a promising focal point in New York City’s effort to address its ongoing housing crisis. City officials have proposed a bold rezoning initiative for a 42-block area near Penn Station, envisioning a transformation akin to the revitalization of the Financial District after 9/11. For Albert Dweck, founder of Duke
Albert Dweck and Duke Properties: Championing Midtown South’s Transformation Read More »
