When a Midtown Manhattan skyscraper hits 100% occupancy, it’s more than just a leasing milestone — it’s a statement.After years of speculation about the future of office space in New York City, the news that 919 Third Avenue has filled every one of its 1.5 million square feet is proof of something larger: New York’s …
A Strong Signal of Renewal: Midtown Office Comeback Is Just the Beginning Read More »
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 …
Albert Dweck of Duke Properties on the Growing Role of All-Cash Buyers in 2025 Read More »
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 …
Honoring NYC’s Visual Heritage: Preserving the Signs That Lit Our Past Read More »
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 …
Navigating NYC’s Housing Evolution: Opportunities on the Horizon Read More »
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 …
Reimagining the Skyline: How Office Conversions Are Reshaping NYC Housing Read More »
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 …
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. …
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 …
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 …
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 …
