January 21, 2025 - 07:01

This marks a significant occasion as New York City’s private and public sector leaders gathered to celebrate shared accomplishments and address the ongoing challenges within the real estate industry. The annual gala, an esteemed event in the real estate calendar, showcased the achievements of various professionals and firms that have made notable contributions to the city's development and growth.
Inside the venue, attendees enjoyed networking opportunities and discussions about future projects, sustainability, and the evolving landscape of urban living. However, the celebration was juxtaposed with protests outside the event, where demonstrators voiced their concerns regarding housing affordability and displacement issues affecting many residents in the city.
The presence of protesters served as a reminder of the critical issues that persist in the real estate market, prompting conversations about the need for more inclusive policies and practices. As the industry looks to the future, the balance between celebrating achievements and addressing social concerns remains a pivotal focus for leaders and stakeholders alike.
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New York City’s Proposed 9.5% Real Estate Tax Hike Hits A National NerveA proposed 9.5% increase in New York City`s real estate transfer tax has resonated far beyond the five boroughs, tapping into a deep vein of homeowner anxiety across the United States. With...
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Steve Afra Expands Nvestor Funding and Launches Institutional-Grade Mentorship for Real Estate InvestorsSteve Afra, a 35-year veteran of real estate finance and co-founder of PIMCO-backed Nvestor Funding, is expanding his impact beyond lending. After originating over $10 billion in loans and...
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