Steven L. Newman Real Estate Institute at Baruch College

In Q2 2025, NYC housing rents rose 4.2% YoY, marking three consecutive years of annual rent growth. All five boroughs experienced YoY increases, reflecting a continued upward trend across the city. On a QoQ basis, NYC rents increased even more sharply by 7.6%.

At the same time, NYC’s housing market experienced a 4.6% YoY and 2.8% QoQ increase in sales prices. Manhattan (3.3%), the Bronx (1.2%), and Staten Island (3.6%) posted positive QoQ gains in housing prices, offsetting QoQ declines in Brooklyn (-2.7%) and Queens (-1.1%).

From a housing affordability perspective, Brooklyn has experienced stronger price appreciation without equivalent income growth, while Queens has shown relatively balanced growth in both home prices and income.

Full report: https://lnkd.in/eMpHBsPU

Spring 2025 - The Steven L. Newman Real Estate Institute Newsletter.
Click here for full version: https://icont.ac/514Hr

Thank you to our incredible alumni panelists from the Baruch College Real Estate Program! ✨
Each year, dedicated professionals return to share their valuable career insights with our students, and this year was no exception.
Shaunak Tanna, Adam Jacobs, and Peter Musso – We truly appreciate your engagement, expertise, and commitment to supporting the next generation of real estate leaders. Your contributions make a significant impact on our students' journeys, and we look forward to welcoming you back again next year!

It was a privilege to host Francis Greenburger, Chairman & CEO of Time Equities, Inc., as our advisory board speaker this year. He shared invaluable insights from his extensive real estate career. Thank you, Mr. Greenburger, for always delivering such an inspiring speech to our students!

It was a great pleasure to have Ziering (Head of Real Assets Capital Markets at M&G Investments) share his insights with our students! His advice—'Work hard, stay disciplined, be patient, your time will come'—is a powerful reminder for anyone pursuing success in the real estate industry.

A big thank you to the panelists from the Mortgage Bankers Association of New York: Smaragdas, Giles, Sullivan, Mahoney, and Carr, for sharing insightful networking expertise with our students. We are already looking forward to having you back on campus next year!

Thank you to the panelists from Silverstein Properties for their valuable talks about real estate careers in development, asset management, operations, marketing, and communications!

A huge thank you to all the dedicated real estate professionals who joined us for our resume review workshop! Your invaluable advice and insights make a significant impact on our students' career journeys.

Thanks to Demba and Sacro for sharing their expertise and enriching our class as guest speakers today!

Yesterday we had the pleasure of hosting an insightful real estate career panel, which featured a diverse background of speakers representing leading associations in the real estate industry. Thank you to our speakers for sharing valuable career guidance with Baruch students!

Looking to build a strong foundation in Real Estate Finance? Register for the September class today. Click here for more information: https://zicklin.baruch.cuny.edu/faculty-research/centers-institutes/steven-l-newman-real-estate-institute/online-certificate-real-estate-finance/

Micron Technology Inc., one of the world’s largest makers of semiconductors, has chosen Clay, NY (a suburb of Syracuse) to build a $100B Megafab plant that would create nearly 50,000 jobs in the region, including accompanying positions such as contractors and suppliers. The population of Onondaga County, where Clay is located, is projected to grow by 25% over the next 20 years. This report examines the potential growth of the real estate market in Onondaga County, NY, for both residential and commercial sectors.
To read the full report, please click here: https://lnkd.in/ev_5XE9X