News:
Spotlight Content
Posted: October 28, 2025
2025-Innovators in Commercial Real Estate-Chris Korsh of Gensler
Healthcare Practice Leader
Gensler
Impact Highlight: Describe a recent program, initiative, or process implemented by you and the impact on your firm, organization, or community. Over 30 years, I’ve reframed healthcare design as a business and community proposition — not just architecture. At Gensler, my team aligns design with business and patient outcomes, developing tools like the Outpatient Experience Index to quantify impact. Our partnerships with several major clients is based on these principles — using data-driven design to enhance patient and caregiver experiences in the built environment.
Innovative Outlook: Where do you see the biggest opportunities for innovation in the commercial real estate sector? Innovation in real estate starts with reimagining what already exists. As costs and constraints rise, growth can mean reinvention. University Hospital’s redesigned Emergency Department in Newark improved flow and comfort — without disruption during construction. Another client, Summit Health, just built a multispecialty hub in a former Crate & Barrel, demonstrating how adaptive reuse can expand access, efficiency, and community care.
Beyond Buildings: How do you see innovation in commercial real estate creating a broader impact on communities and the people who live and work in them? The most meaningful innovation in real estate today is where healthcare and communities meet. We’re seeing systems like HSS, Montefiore, Columbia, and Summit Health decentralizing care systems. It’s not about building bigger, but using real estate strategy to bring specialized and preventive care closer to home, tailoring environments to different levels of acuity for operational efficiency, and including resilience strategies to protect assets.
Tags:
Spotlight Content
MORE FROM Spotlight Content
Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
.png)
Quick Hits
.jpg)
Columns and Thought Leadership
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary
Properly serving a lien law Section 59 Demand - by Bret McCabe
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
The strategy of co-op busting in commercial real estate - by Robert Khodadadian
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
.gif)