A Market in Transition, Not in Trouble As some institutional investors scale back their real estate exposure for the first time in over a decade, Albert Dweck of Duke Properties remains optimistic about what he calls a “natural rebalancing” in the property investment landscape. “Markets evolve — and in real estate, patience always pays off,” …
Albert Dweck of Duke Properties on Why Stability and Smart Growth Are Redefining New York Real Estate A Stronger, Smarter Market Emerging According to Albert Dweck of Duke Properties, New York City’s housing market is entering a new era of strength—one that balances optimism with realism. After years of volatility and record-breaking highs, the city …
Resilient Foundations: NYC Housing Market Finds Its Balance in 2025 Read More »
Introduction: Finding Opportunity in Transition The 2025 housing market is in a period of transformation—one that favors those who can see beyond short-term fluctuations and focus on long-term fundamentals. At Duke Properties, Albert Dweck believes that every cycle, no matter how uncertain, brings new opportunities for growth, stability, and community development. While national headlines highlight …
Albert Dweck of Duke Properties on the optimism driving large-scale apartment development in a challenging market. In a year when many developers are playing it safe, a handful of visionaries are still betting big on New York City’s housing future — and leading that charge are those who believe deeply in the city’s long-term strength, …
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 …
