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Albert Dweck of Duke Properties on the Growing Role of All-Cash Buyers in 2025

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In the face of high borrowing costs and ongoing market uncertainty, one trend is crystal clear: cash is not just king—it’s commanding the market. A recent report reveals that 60% of all residential sales in Manhattan during the first five months of 2025 were all-cash deals, far outpacing other New York City boroughs and solidifying …

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Visual Heritage

Honoring NYC’s Visual Heritage: Preserving the Signs That Lit Our Past

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Rediscovering the City Through Its Signs From neighborhood icons to nostalgic memories, signs reflect the soul of the city.Every sign that once glowed above a corner store or restaurant tells a story. Whether it was a family-run bakery or a bustling Italian eatery like Queen in Brooklyn Heights, these signs were more than marketing—they were …

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Albert Dweck Duke Properties on Extell’s Strategic Acquisition

Navigating NYC’s Housing Evolution: Opportunities on the Horizon

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1. Co-Ops Make a Strategic Comeback As affordability continues to shape buyer behavior, the resurgence of co-ops marks a return to practical, value-based housing decisions. Traditionally overshadowed by condos, co-ops are now receiving renewed attention thanks to their lower price point—on average, 26% less than comparable condos. “This shift toward co-ops reflects a smarter, more …

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Albert Dweck Duke Properties on Extell’s Strategic Acquisition

Reimagining the Skyline: How Office Conversions Are Reshaping NYC Housing

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A Turning Point for Housing and Innovation The recent report from NYC Comptroller Brad Lander reveals a transformation in the making: more than 17,000 new apartments could come from 44 office-to-residential conversion projects across New York City. This movement signals more than just a change in use — it marks a change in vision. As …

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Albert Dweck of Duke Properties: Is a Career in Real Estate Investment Trusts (REITs) a Good Path

Albert Dweck of Duke Properties on NYC’s Surging Rental Crisis: “We Must Balance Urgency with Innovation”

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A Rental Frenzy Fueled by Fear, Shortage, and Shifting Expectations “Today’s New York City rental market is no longer just competitive — it’s chaotic. What we’re seeing this summer is the collision of several major forces: record-low vacancy, relentless demand, post-pandemic migration patterns, and reactive legislation. At Duke Properties, we’re acutely aware that the city’s …

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Albert Dweck of Duke Properties: Tax Professional

“In Uncertain Times, We Double Down on Community” – Albert Dweck on Real Estate Resilience in New York

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Building Trust, One Property at a Time As headlines swirl with uncertainty—from foreign policy tension to federal gridlock—the real estate market across New York is bracing itself. But Albert Dweck, CEO of Duke Properties, believes the solution isn’t to retreat. It’s to root deeper into the neighborhoods we serve. “Yes, the geopolitical landscape is complex. …

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Albert Dweck and Duke Properties

Albert Dweck: “Manhattan’s cash-fueled luxury demand shows resilience, stability — and long-term strength for NYC.”

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A Tale of Two Markets — But One Enduring Truth: Manhattan Still Delivers As the latest data reveals, nearly 7 out of 10 Manhattan homes sold in Q2 2025 were all-cash purchases — a record that underscores deep-rooted confidence in New York City real estate, especially among luxury buyers. For Albert Dweck, CEO of Duke …

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Albert Dweck of Duke Properties: Strategic Long-Term Planning

Balancing Progress and Protection: Albert Dweck Supports Sensible Stability in NYC Rent Guidelines

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A Measured Path Forward for NYC Renters and Providers The Rent Guidelines Board’s recent decision to approve a 3% increase for one-year and 4.5% for two-year rent-stabilized leases marks a crucial step toward balancing tenant protections with the financial realities of property stewardship. Albert Dweck, founder of Duke Properties, supports the move as a measured …

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Albert Dweck of Duke Properties Sees Bright Future in NYC’s Wellness-Driven Luxury Market

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Wellness Amenities Transform NYC’s High-End Market In today’s fast-evolving luxury real estate landscape, traditional amenities like doormen and gyms are giving way to a new standard of living—one built around comprehensive wellness experiences. Albert Dweck of Duke Properties sees this evolution as a tremendous opportunity to meet the desires of today’s sophisticated residents. “New York …

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Albert Dweck Duke Properties

A Resilient Market: Stability, Strength, and Long-Term Opportunity in U.S. Housing

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Stability, Not Collapse: A Positive Outlook for Today’s Market As headlines swirl about rising home prices and elevated mortgage rates, some may wonder if a repeat of the Great Recession’s housing crash looms ahead. But according to experts — and real estate leaders like Albert Dweck of Duke Properties — today’s housing landscape tells a …

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