10/17/2024
My networking journey kicked off this summer at the AI Summit after receiving a Special Mention in the Architizer A+ Awards 2024 for the Architecture and AI category. Since then, I’ve attended nearly every real estate and tech startup event in NYC, meeting incredible people from different industries who could become future collaborators. Attending diverse events like these broaden your perspective and opens possibilities for unexpected partnerships.
Key takeaways from the NYC Real Estate Expo:
Entrepreneurship and Success:
Surround yourself with ambitious entrepreneurs as mentors or partners—this will push you forward faster. The path to success is challenging and uncertain, but persistence and thinking outside the box lead to rewarding outcomes. Remember, success doesn’t happen overnight. Adapt, collaborate, and embrace discomfort as part of the journey. What worked yesterday may not work tomorrow, so stay flexible.
Social Media Tips:
Social media is not just for promotion—it is used to build relationships. Consistent, genuine engagement fosters trust over time. Share your journey, insights, and expertise to attract followers who align with your values.
Real Estate Insights:
Affluent international buyers often start investing in Florida due to favorable tax laws, later expanding to prestigious markets like NYC.
With mortgage rates unlikely to drop soon, refinancing might be key when rates improve.
Class A office space demand rises as financial firms return to 5-day workweeks. Class B and C, with unfavorable locations, still face challenges.
Retail vacancy rates are unexpectedly low, signaling a resurgence in urban retail markets.
Mixed-use developments are in high demand, blending lifestyle and community in one space.
The Citywide Hotel Special Permit challenges developers and complicates hotel growth even as tourism rebounds.
Check out more on my blog:
https://www.one-globe.biz/post/networking-and-insights-from-the-nyc-real-estate-expo-2024
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