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Power 100 2023 – Commercial Observer

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The last three years was one long, arduous lesson in the simple truth that nature is the ultimate arbiter of power.</span></p> <p><span style="font-weight: 400">But it’s the ability to recognize where the trends are heading, to synthesize the available data and to prepare for the inevitable headwinds that steered the honorees that we chose onto this list and its most coveted positions.</span></p> <p><span style="font-weight: 400">A couple of months ago, as the Commercial Observer team began our first conversations about what you’re reading now, we asked our friends at CompStak for their list of the biggest office owners in New York, Boston, Los Angeles and San Francisco. The names were largely familiar to our readers: Brookfield being the top owner in New York and Los Angeles; Paramount Group the top dog in San Francisco; Boston Properties the big cheese in its eponymous city.</span></p> <p><span style="font-weight: 400">All the names were worthy of a place of honor and all of them had great and valuable real estate, but one of the things that we tried to show in this year’s Power 100 was that a lot of categories that were previously so safe are less sound in a work-from-home world.</span></p> <p><span style="font-weight: 400">The people selected (and we included more new names than ever before) were not necessarily coming from the financial capital of the world (New York), and they were not building what had previously been such a venerated asset (office). We tried to make this a truly national list, and one that was spread across all of commercial real estate. It’s a difficult task that also involves not very glamorous labor, but it is the fullest landscape we could offer of commercial real estate’s power structure in 2023.</span></p> </div> </div> </div> </div> </header> <div id="member-list"></div> <!--hcpl horizontal --> <!-- Hashtag Labs Ad commercialobserver_powerlist_landing_top --> <div class="ad-wrapper ad-hcpl hcpl-horizontal-ad ad-has-disclaimer htlad-commercialobserver_powerlist_landing_top" id="commercialobserver_powerlist_landing_top"></div> <section class="hcpl-powerlist-section"> <div class="hcpl-powerlist-section-inner article article-wrapper hcpl-sticky-container"> <div class="hcpl-powerlist"> <div class="content content-wrapper"> <div class="hcpl-search"> <h2 class="image-wrap"> <img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/Copy-of-B_Long_Logo-e1683840173321.png" alt="Power 100 2023"/> </h2> <form id="power-list-typeahead" method="get" action="" style="display: none;"> <label class="sr-only" 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width="9" height="14" viewBox="0 0 9 14" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.920044 1.79795L6.17338 7.05128L0.920044 12.3046L2.33338 13.7179L9.00004 7.05128L2.33338 0.384613L0.920044 1.79795Z"/> </svg> </a> </div> </div> </div> <aside class="hcpl-sidebar hcpl-desktop hcpl-sticky-ad"> <!--hcpl instream --> <!-- Hashtag Labs Ad commercialobserver_powerlist_landing_middle --> <div class="ad-wrapper ad-hcpl hcpl-sidebar-ad ad-has-disclaimer htlad-commercialobserver_powerlist_landing_middle" id="commercialobserver_powerlist_landing_middle"></div> </aside> </div> </section> <!--hcpl bottom --> <!-- Hashtag Labs Ad commercialobserver_powerlist_landing_bottom --> <div class="ad-wrapper ad-hcpl ad-has-disclaimer hcpl-bottom-ad htlad-commercialobserver_powerlist_landing_bottom" id="commercialobserver_powerlist_landing_bottom"></div> <section class="hcpl-related-stories"> <h4 class="hcpl-h2">The Stories Behind the List</h4> <div class="hcpl-related-stories-list"> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card"> <a href="https://commercialobserver.com/2023/05/welcome-to-power-100-2023/" target="_self"> <div class="medium-card-image bg-image-cover" style="background-image: linear-gradient(90deg, rgba(120, 120, 120, 1) 0%, rgba(255, 255, 255, 1) 50%, rgba(120, 120, 120, 1) 100%)"> <img width="640" height="473" src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_welcomeopener_2023-copy_WEB.jpg?quality=80&amp;w=640" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Welcome to the list!" decoding="async" fetchpriority="high" srcset="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_welcomeopener_2023-copy_WEB.jpg 1500w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_welcomeopener_2023-copy_WEB.jpg?resize=150,111 150w, 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i < $inactive_elements.length; i++) { var $el = $inactive_elements[i]; if (user_logged_in) { $el.classList.remove('show-menu'); } else { $el.classList.add('show-menu'); } } }; // Redirect to the homepage (used on successful logout) pianoLogoutHandler = function() { window.location = '/'; }; pianoLoginHandler = function() { // Update the navigation buttons pianoLoginLogoutButtons(); // If in the middle of password reset/change, take the user to the homepage if (window.location.href.match(/\/(reset|new)-password\//)) { window.location = '/'; } else { // All other pages, refresh the page window.location.reload(); } }; (function() { tp.push(["init", function() { function closeFlyoutMenu() { // Close the flyout menu, if open document.querySelector('#flyout-close').click(); } // Enable Google Analytics 4. tp.setGA4Config( { measurementId: 'G-C8EN6PLDZB', } ); // Initialize composer experiences. tp.experience.init(); // Enable cross domain tracking for GA tp.enableGACrossDomainLinking(); if (document.querySelector('.piano-account-management')) { // Show the correct account/login/signup buttons pianoLoginLogoutButtons(); // Login button click handler var $login_buttons = document.querySelectorAll(".piano-login-button"); for (var i = 0; i < $login_buttons.length; i++) { $el = $login_buttons[i]; $el.addEventListener('click', function() { // Show the login Piano ID screen tp.pianoId.show({ screen: 'login', loggedIn: pianoLoginHandler }); closeFlyoutMenu(); }); } // Log out button click handler var $logout_buttons = document.querySelectorAll(".piano-logout-button"); for (var i = 0; i < $logout_buttons.length; i++) { $el = $logout_buttons[i]; $el.addEventListener('click', function() { // Log the user out of Piano ID tp.pianoId.logout(pianoLogoutHandler); closeFlyoutMenu(); }); } } }]); // Update the buttons when the user logs in, by any means tp.push(["addHandler", "loginSuccess", pianoLoginLogoutButtons]); })(); (function(src) { var a = document.createElement("script"); a.type = "text/javascript"; a.async = true; a.src = src; var b = document.getElementsByTagName("script")[0]; b.parentNode.insertBefore(a, b) })(window.vmg_piano.url_js); 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