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Around 200 real estate professionals gathered at TD Bank’s Conference Center at One Vanderbilt for Ariel Property Advisors’ Coffee & Cap Rates event, ‘Separating Signal from Noise: NYC Investment Sales in 1H 2026’ on July 30, 2026.
Shimon Shkury, President and Founder of Ariel Property Advisors, kicked off the morning with an overview of trends in the first six months of the year. His presentation included key findings from the firm’s recently completed Mid-Year 2026 investment sales reports.
Mr. Shkury then moderated a panel discussion with leading experts, including Ralph Bumbaca, Regional President, Metro NY - TD Bank; Robert S. Nelson, President, Nelson Management Group LTD.; and Bryan Kelly, Principal & President of Development, Gotham Organization. The panelists discussed current conditions, challenges, and opportunities in New York City’s commercial real estate market.
As with previous Coffee & Cap Rates, Ariel will donate all proceeds to Legal Outreach, a nonprofit that helps young people from underserved New York communities gain admission to the country’s most competitive colleges and universities.
Coffee & Cap Rates is a semi-annual program. The next event will take place in February 2027.
TD Bank is one of the 10 largest banks in the U.S., providing a wide range of services for over 10 million customers from Maine to Florida.
Our seasoned panelists shared their unique perspectives on the New York City multifamily, affordable, development and commercial lending sectors.
Legal Outreach prepares urban youth from underserved communities in New York City to compete at high academic levels by using intensive legal and educational programs as tools for fostering vision, developing skills, enhancing confidence, and facilitating the pursuit of higher education.
