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The FOMC held rates steady at 3.50%-3.75%, although three officials voted in favor of a rate hike, underscoring continued concerns about inflation and the evolving economic outlook.
Episode 128: NYC Commercial Real Estate: Industry Experts Discuss Challenges, Opportunities & the 2026 Outlook
AUG
25
Shimon Shkury moderates a panel discussion recorded at Ariel Property Advisors’ event on July 30, 2026. The panel features Ralph Bumbaca (TD Bank); Robert S. Nelson (Nelson Management Group LTD), and Bryan Kelly (Gotham Organization).
Expansive & Versatile 200’ Wide Development Opportunity: 3817 Bailey Avenue
AUG
25
This ~20,395 sq. ft. midblock parcel boasts 200’ of frontage and currently consists of a former rectory, parking lot and side yard.
Prime East Village Boutique Development Site | Condo or 485-x Rental: 617 East 6th Street
AUG
21
R8B zoning site provides 9,025 BSF as-of-right (4.0 FAR) and up to 10,830 BSF via the Universal Affordability Preference (UAP) program (4.8 FAR). This 2,256 sq. ft. parcel is currently improved by a one-story commercial garage, and will be delivered vacant.
