Dancing in the Street: Fried Frank's Mechanic and Werner on New York City’s revival

The Weekly Take from CBRE

Fried Frank’s Jon Mechanic and Michael Werner—attorneys steeped in the in’s and out’s of New York City dealmaking—share thoughts on the office market, affordable housing, recent legislative changes and much more.

Insights to Share:

• Despite the headlines, there is budding optimism in some New York commercial real estate sectors, particularly Class A office.
• Legislative efforts to promote affordable housing and sustainability are both incredibly important and challenging.
• New York City provides a nexus of talent, amenities and capital that is hard to replicate.