New York City real estate has come a long way since the Dutch purchased Manhattan for $24 in 1626.
In the past decade, residential prices soared to record highs as global investors poured money into ultra-luxury developments in Manhattan. Sales activity rose at a fast clip in Brooklyn and Queens, and homebuying saw increased levels in the Bronx and on Staten Island.
Meanwhile, new complexes transformed the city’s commercial landscape. Technology companies, including giants Google and Amazon, set their sights on the city. Megaprojects, Hudson Yards among others, were born.
Spurring the growth is a large group of real estate professionals—a group that includes developers, engineers, contractors, labor representatives, city planners, investors, lawyers, accountants and brokers. As the city reckons with a pandemic that led some to flee the area and forced office buildings into lockdown, real estate experts are as important as ever.
New York is far from over Covid-19, but the city will bounce back eventually, and the individuals who serve the real estate market will continue to play a significant role in its recovery. Crain’s consulted with sources in the real estate industry and in the New York business world to compile its 2021 list of Notable Real Estate Professionals. The 83 honorees whose profiles follow have devoted their professional careers to helping others. With their help, New Yorkers have found homes, businesses have created livelihoods, and the city has boosted its economy. Their commitment to excellence in the real estate profession and their efforts to build New York City are inspiring.
To access the full, exclusive Notable in Real Estate list, visit here: https://www.crainsnewyork.com/awards/notables-real-estate-2021
In 2017 Meg Brod, an experienced real estate developer and investor, joined the Rockefeller Group to oversee its office, residential and mixed-use developments in the Northeast. Notable projects include Flushing Commons, a $1 billion, 1.8 million square-foot, mixed-use urban complex in Flushing, Queens. Brod has been involved with the development of Rose Hill, a condominium tower on East 29th Street. In her prior job, as a principal at Bedrock Real Estate Partners, Brod led projects in New York City, Somerville, Massachusetts, and Washington, D.C. She has worked for Equity Residential, where she started its New York development group and grew its portfolio to more than $700 million, heading projects in Brooklyn, Manhattan, and Jersey City and Montclair, New Jersey.