Shows
Coffee & Cap Rates: Commercial Real Estate Podcast2/27/2025: Episode 105 - Manhattan 2024 Year-End Commercial Real Estate Trends featuring Michael A. Tortorici, Chris Brodhead, and Howard RaberIn this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Ariel’s Manhattan experts Michael Tortorici, Founding Partner; Chris Brodhead, Senior Director, and Howard Raber, Director, about the Manhattan market in 2024.According to Ariel Property Advisors’ Manhattan 2024 Year-End Commercial Real Estate Trends report, investment sales in Manhattan rose to $15.75 billion across 378 transactions, a 38% and 22% increase, respectively, compared to 2023. The office market rebounded, recording $5.1 billion in sales, a 74% year-over-year increase. Of the 55 office transactions, five were for Class A office buildings with the remainder for Class B and C properties. Multifamily sales rose 11% from 2023 to $...2025-02-2713 minCoffee & Cap Rates: Commercial Real Estate Podcast9/18/2024: Episode 98 - Manhattan 2024 Mid-Year Commercial Real Estate Trends featuring Michael A. Tortorici, Chris Brodhead, and Howard RaberIn this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Ariel’s Manhattan experts Michael Tortorici, Founding Partner; Chris Brodhead, Senior Director, and Howard Raber, Director, about what they’re seeing in the Manhattan market. They discuss how mortgage maturities are driving transactions, the increase in rent stabilized multifamily sales, condo development trends, office to residential conversions and housing policies including the City of Yes.According to Ariel Property Advisors’ Manhattan 2024 Mid-Year Commercial Real Estate Trends report, investment sales in Manhattan in 1H 2024 rose to $5.8 billion over 167 transactions, a 14% and 16% increase, respectively, compared to 2H 2023...2024-09-1810 minCoffee & Cap Rates: Commercial Real Estate Podcast3/4/2024: Episode 89 - Manhattan 2023 Year-End Commercial Real Estate Trends featuring Michael A. Tortorici and Howard RaberManhattan saw $11.1 billion in investment property sales in 2023, a 45% drop from 2022, and 280 transactions, a 33% year-over-year decline, according to Ariel Property Advisors’ Manhattan 2023 Year-End Commercial Real Estate Trends report. In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Founding Partner Mike Tortorici and Director Howard, discuss the report’s findings and dig deeper into Manhattan’s multifamily, development and office markets. Average multifamily cap rates, for example, rose to 5.24% in 2023, while the average price per buildable square foot for development sites declined to $390. They also shared their optimism going into 2024 because of the st...2024-03-0408 minCoffee & Cap Rates: Commercial Real Estate Podcast8/9/2023: Episode 76: Manhattan 2023 Mid-Year Commercial Real Estate Trends Featuring Shimon Shkury, Michael Tortorici and Howard RaberWhat are the latest trends in Manhattan's commercial real estate market? In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses how the borough's assets performed in 1H 2023 with Manhattan experts Michael Tortorici, Founding Partner, and Howard Raber, Director. For more details, see Ariel Property Advisors’ Manhattan 2023 Mid-Year Commercial Real Estate Trends report. 2023-08-0907 minCoffee & Cap Rates: Commercial Real Estate Podcast2/15/2023: Episode 67 - 2022 Manhattan Year-End Commercial Real Estate Trends featuring Michael Tortorici and Howard RaberShimon Shkury, President and Founder of Ariel Property Advisors, Founding Partner Michael Tortorici and Director Howard Raber discuss the performance of Manhattan’s commercial real estate market in 2022 and the opportunities they see in 2023. They highlight the findings of the recently released Ariel Property Advisors 2022 Manhattan Year-End Commercial Real Estate Trends report, which noted that last year, “Manhattan investment sales strongly rebounded from the Covid pandemic despite headwinds from rising interest rates and economic uncertainty during the second half of the year. Transactions during the year were the most since 2016 with 419 deals totaling $20.9 billion in sales, a 40% increase in doll...2023-02-1509 minCoffee & Cap Rates: Commercial Real Estate Podcast8/18/2021: Episode 39 - Manhattan Investment Sales 1H Report featuring Michael A. Tortorici, Howard Raber, Jack Moran and Matthew GillisPresident of Ariel Property Advisors Shimon Shkury conducts a panel discussion between Director Howard Raber, Associate Director Jack Moran, Executive Vice President Michael A. Tortorici, and Director Matthew GillisDiscussions among the speakers include a reflection on the Manhattan Borough from the past 6 months and insight into what drove the trends. Also, the group spoke about their outlook on what is to come in the second half of 2021. 2021-08-2012 minCoffee & Cap Rates: Commercial Real Estate Podcast10/29/2020: Episode 24 - Q3 Midtown East Market Overview featuring Howard RaberPresident Shimon Shkury begin the conversation analyzing the overall NYC investment sales data for Q3 2020 and compares it to the quarter and year beforeHoward Raber and Shimon discuss Midtown Manhattan's market performance specifically in the third quarter2020-10-2902 min
Coffee & Cap Rates: Commercial Real Estate Podcast3/20/20: Episode 9 - Current State of the Market: Amazon Buys Former Lord & Taylor Building featuring Howard RaberShimon Shkury, President of Ariel Property Advisors, and Howard Raber, Director of Investment Sales, talk about Amazon's most recent New York City real estate purchase at 424 5th AvenueAmazon bought the Lord & Taylor building from WeWork for $1.15 billionThis is some positive business news in light of current events involving coronavirus2020-03-2005 min