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 …
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 …
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 …
A Resilient Market: Stability, Strength, and Long-Term Opportunity in U.S. Housing Read More »
A Pivotal Election with Real Estate at the Center As New Yorkers prepare for the upcoming June 24th mayoral primary, the city’s real estate sector is once again a central focus of public debate. For Duke Properties, led by Albert Dweck, the dialogue surrounding housing affordability, development, and economic growth only reinforces the vital role …
Real Estate: The Proven Path to Long-Term Wealth At Duke Properties, we’ve long believed that investing in a home isn’t just about finding a place to live — it’s about securing your future. Recent findings from the Federal Reserve Survey of Consumer Finances reaffirm this with striking clarity: homeowners in America today enjoy a median …
A Neighborhood Renaissance Signals Market Resilience The recent surge in luxury residential sales on the Upper East Side is more than just a data point—it’s a powerful signal of where discerning buyers see lasting value. As Lower Manhattan’s sleek skyline often grabs headlines, the classic, tree-lined streets of uptown are quietly leading a high-end resurgence. …
Upper East Side Surge Reflects Strength in NYC Luxury Market Read More »
Despite global economic uncertainty, rising interest rates, and shifting investor sentiment, New York City’s real estate market continues to show remarkable resilience—especially when it comes to prime, well-leased properties. According to Albert Dweck of Duke Properties, this is not a fluke, but the result of deep fundamentals still at play in the nation’s most dynamic …
