Real Estate Opportunities – November 2024
November 20, 2024 – Episode 48
Herrick Does That
Jonathan Adelsberg, co-chair of Herrick’s Real Estate Department and chair of the Leasing Department, welcomes James Nelson, principal and head of Avison Young’s Tri-State Investment Sales group, to discuss where the opportunities lie for real estate at the end of 2024. Jonathan and James discuss where they are seeing opportunity for developers and owner/operators in the current real estate market; what asset classes are hot in NYC right now; and what is attractive to various buyers as we come into the end of the year. The race to quality, effect of vacancy rates, and some surprises across all asset classes are discussed, as well as Jonathan’s idea of the “hot potato” when it comes to distressed assets.