CINXE.COM
Power 100 2023 – Commercial Observer
<!DOCTYPE html> <html lang="en-US"> <head> <link rel="preconnect" href="https://www.npttech.com" crossorigin /> <link rel="preconnect" href="https://fonts.gstatic.com" crossorigin /> <!-- Piano/Tinypass Adblocking Check --> <script> document.cookie = "__adblocker=; expires=Thu, 01 Jan 1970 00:00:00 GMT; path=/"; var setNptTechAdblockerCookie = function(adblocker) { var d = new Date(); d.setTime(d.getTime() + 60 * 60 * 24 * 2 * 1000); document.cookie = "__adblocker=" + (adblocker ? "true" : "false") + "; expires=" + d.toUTCString() + "; path=/"; }; var script = document.createElement("script"); script.setAttribute("async", true); script.setAttribute("src", "//www.npttech.com/advertising.js"); script.setAttribute("onerror", "setNptTechAdblockerCookie(true);"); document.getElementsByTagName("head")[0].appendChild(script); </script> <!-- End Piano/Tinypass Adblocking Check --> <meta charset="UTF-8"> <meta name="viewport" content="width=device-width, initial-scale=1"> <meta name="robots" content=""> <meta name="robots" content="max-image-preview:large"> <link rel="profile" href="http://gmpg.org/xfn/11"> <link rel="shortcut icon" type="image/x-icon" href="https://secure.gravatar.com/blavatar/d201a1df990833199d6472c26561fc73?s=32" sizes="16x16" /> <link rel="icon" type="image/x-icon" href="https://secure.gravatar.com/blavatar/d201a1df990833199d6472c26561fc73?s=32" sizes="16x16" /> <link rel="apple-touch-icon-precomposed" href="https://secure.gravatar.com/blavatar/d201a1df990833199d6472c26561fc73?s=114" /> <!-- //Nativo key value pairs --> <meta name="ntv-kv" key="channel" values=""><meta name="ntv-kv" key="market" values=""><meta name="ntv-kv" key="tags" values="Power 100 2023"><meta name="ntv-kv" key="articleID" values="articleID_444937"> <script type="text/javascript">!(function(o,_name){o[_name]=o[_name]||function n(){(n.q=n.q||[]).push(arguments)},o[_name].v=o[_name].v||2;!(function(o,t,n,f,e,i){function c(f,e){(f=(function(t,n){try{if(n=(t=o.localStorage).getItem("_aQS02NERCQkM0ODZFMzRCRjhGQzUxQkIzNDYtMQ"))return JSON.parse(n).lgk||[];if((t.getItem("v4ac1eiZr0")||"").split(",")[4]>0)return[[_name+"-engaged","true"]]}catch(f){}})())&&typeof f.forEach===n&&(e=o[t].pubads())&&f.forEach((function(o){o&&o[0]&&e.setTargeting(o[0],o[1]||"")}))}(i=o[t]=o[t]||{}).cmd=i.cmd||[],typeof i.pubads===n?c():typeof i.cmd.unshift===n?i.cmd.unshift(c):i.cmd.push(c)})(window,"googletag","function");})(window,String.fromCharCode(97,100,109,105,114,97,108));!(function(t,c,i){i=t.createElement(c),t=t.getElementsByTagName(c)[0],i.async=1,i.src="https://truculentrate.com/static/e297772d/732a7f83476493aedc29d7ff8caa.index.js",t.parentNode.insertBefore(i,t)})(document,"script");</script> <!-- Organization schema --> <script type="application/ld+json"> { "@context":"http://schema.org", "@type":"Organization", "name":"Commercial Observer", "logo":{ "@type":"ImageObject", "url": "https:\/\/commercialobserver.com\/wp-content\/themes\/observer-unchained\/images\/co_logo_dark.png", "height":60, "width":543 }, "url" : "https://commercialobserver.com", "sameAs" : [ "https://www.facebook.com/commobserver", "https://twitter.com/commobserver", "https://plus.google.com/+Commercialobserver", "https://www.linkedin.com/company/commercial-observer" ], "potentialAction":{ "@type":"SearchAction", "target":"https://commercialobserver.com/?s=search_term_string", "query-input":"required name=search_term_string" } } </script> <!-- End Organization schema --> <meta property="og:site_name" content="Commercial Observer"> <meta property="og:locale" content="en_US"> <meta property="fb:app_id" content="248567891940159"> <meta property="og:image" content="https://commercialobserver.com/wp-content/uploads/sites/3/2014/08/co-logo-square.png"> <meta property="og:image:width" content="400"> <meta property="og:image:height" content="400"> <meta property="og:image:type" content="image/png"> <meta property="og:type" content="article"> <meta property="og:url" content="https://commercialobserver.com/power-series/power-100-2023/"> <meta property="og:title" content="Power 100 2023"> <meta property="og:description" content=""> <meta property="article:published_time" content="2023-05-16T07:00:34-04:00"> <meta property="article:modified_time" content="2023-06-01T10:39:37-04:00"> <meta property="article:author" content="https://commercialobserver.com/author/the-editors"> <meta property="article:tag" content="Power 100 2023"> <meta name="sailthru.date" content="2023-05-16T07:00:34-04:00"> <meta name="sailthru.title" content="Power 100 2023"> <meta name="sailthru.tags" content=" power-100-2023 "> <meta name="sailthru.section" content=" "> <meta name="sailthru.author" content="The Editors"/> <meta name="sailthru.description" content=""> <meta name="sailthru.market" content=""> <meta property="twitter:card" content="summary_large_image"> <meta property="twitter:site" content="@commobserver"> <meta property="twitter:title" content="Power 100 2023"> <meta property="twitter:description" content=""> <meta property="twitter:image" content="https://commercialobserver.com/wp-content/uploads/sites/3/2014/08/co-logo-square.png"> <title>Power 100 2023 – Commercial Observer</title> <meta name='robots' content='max-image-preview:large' /> <!-- dataLayer Values for Google Tag Manager --> <script> dataLayer = window.dataLayer || []; dataLayer.push({ 'postId': 444937, 'author': "The Editors", 'channels': "", 'postStyle': "regular", 'market': [], 'publicationDate': "2023-05-16 07:00:34" }); </script> <!-- End dataLayer Values for Google Tag Manager --> <!-- Google Tag Manager --> <script>(function (w, d, s, l, i) { w[l] = w[l] || []; w[l].push({ 'gtm.start': new Date().getTime(), event: 'gtm.js' }); var f = d.getElementsByTagName(s)[0], j = d.createElement(s), dl = l != 'dataLayer' ? '&l=' + l : ''; j.defer = true; j.src = 'https://www.googletagmanager.com/gtm.js?id=' + i + dl; f.parentNode.insertBefore(j, f); })(window, document, 'script', 'dataLayer', 'GTM-WCGJ5DK');</script> <!-- End Google Tag Manager --> <link rel='dns-prefetch' href='//s7.addthis.com' /> <link rel='dns-prefetch' href='//widget.commercialobserver.com' /> <link rel='dns-prefetch' href='//s.ntv.io' /> <link rel='dns-prefetch' href='//ak.sail-horizon.com' /> <link rel='dns-prefetch' href='//cdn.jwplayer.com' /> <link rel='dns-prefetch' href='//htlbid.com' /> <link rel='dns-prefetch' href='//stats.wp.com' /> <link rel="alternate" type="application/rss+xml" title="Commercial Observer » Feed" href="https://commercialobserver.com/feed/" /> <link rel="alternate" type="application/rss+xml" title="Commercial Observer » Comments Feed" href="https://commercialobserver.com/comments/feed/" /> <script type="text/javascript"> /* <![CDATA[ */ window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/commercialobserver.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=6.5.5"}}; /*! This file is auto-generated */ !function(i,n){var o,s,e;function c(e){try{var t={supportTests:e,timestamp:(new Date).valueOf()};sessionStorage.setItem(o,JSON.stringify(t))}catch(e){}}function p(e,t,n){e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(t,0,0);var t=new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data),r=(e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(n,0,0),new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data));return t.every(function(e,t){return e===r[t]})}function u(e,t,n){switch(t){case"flag":return n(e,"\ud83c\udff3\ufe0f\u200d\u26a7\ufe0f","\ud83c\udff3\ufe0f\u200b\u26a7\ufe0f")?!1:!n(e,"\ud83c\uddfa\ud83c\uddf3","\ud83c\uddfa\u200b\ud83c\uddf3")&&!n(e,"\ud83c\udff4\udb40\udc67\udb40\udc62\udb40\udc65\udb40\udc6e\udb40\udc67\udb40\udc7f","\ud83c\udff4\u200b\udb40\udc67\u200b\udb40\udc62\u200b\udb40\udc65\u200b\udb40\udc6e\u200b\udb40\udc67\u200b\udb40\udc7f");case"emoji":return!n(e,"\ud83d\udc26\u200d\u2b1b","\ud83d\udc26\u200b\u2b1b")}return!1}function f(e,t,n){var r="undefined"!=typeof WorkerGlobalScope&&self instanceof WorkerGlobalScope?new OffscreenCanvas(300,150):i.createElement("canvas"),a=r.getContext("2d",{willReadFrequently:!0}),o=(a.textBaseline="top",a.font="600 32px Arial",{});return e.forEach(function(e){o[e]=t(a,e,n)}),o}function t(e){var t=i.createElement("script");t.src=e,t.defer=!0,i.head.appendChild(t)}"undefined"!=typeof Promise&&(o="wpEmojiSettingsSupports",s=["flag","emoji"],n.supports={everything:!0,everythingExceptFlag:!0},e=new Promise(function(e){i.addEventListener("DOMContentLoaded",e,{once:!0})}),new Promise(function(t){var n=function(){try{var e=JSON.parse(sessionStorage.getItem(o));if("object"==typeof e&&"number"==typeof e.timestamp&&(new Date).valueOf()<e.timestamp+604800&&"object"==typeof e.supportTests)return e.supportTests}catch(e){}return null}();if(!n){if("undefined"!=typeof Worker&&"undefined"!=typeof OffscreenCanvas&&"undefined"!=typeof URL&&URL.createObjectURL&&"undefined"!=typeof Blob)try{var e="postMessage("+f.toString()+"("+[JSON.stringify(s),u.toString(),p.toString()].join(",")+"));",r=new Blob([e],{type:"text/javascript"}),a=new Worker(URL.createObjectURL(r),{name:"wpTestEmojiSupports"});return void(a.onmessage=function(e){c(n=e.data),a.terminate(),t(n)})}catch(e){}c(n=f(s,u,p))}t(n)}).then(function(e){for(var t in e)n.supports[t]=e[t],n.supports.everything=n.supports.everything&&n.supports[t],"flag"!==t&&(n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&n.supports[t]);n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&!n.supports.flag,n.DOMReady=!1,n.readyCallback=function(){n.DOMReady=!0}}).then(function(){return e}).then(function(){var e;n.supports.everything||(n.readyCallback(),(e=n.source||{}).concatemoji?t(e.concatemoji):e.wpemoji&&e.twemoji&&(t(e.twemoji),t(e.wpemoji)))}))}((window,document),window._wpemojiSettings); /* ]]> */ </script> <style id='wp-emoji-styles-inline-css'> img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 0.07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !important; } </style> <link rel='stylesheet' id='all-css-2' href='https://commercialobserver.com/wp-includes/css/dist/block-library/style.min.css?m=1732206002g' type='text/css' media='all' /> <style id='tenup-accordion-header-style-inline-css'> .wp-block-tenup-accordion-header{-webkit-appearance:none;-moz-appearance:none;appearance:none;background-color:transparent;border-color:transparent;border-width:0;cursor:pointer;flex-shrink:0;font-size:1rem;padding:0;transition:all .2s ease-in-out;width:100%}.wp-block-tenup-accordion-header.icon-position-left{flex-direction:row-reverse;justify-content:flex-end}.wp-block-tenup-accordion-item__title{text-align:left}.wp-block-tenup-accordion-item__icon{fill:currentColor;display:flex;width:1rem}.wp-block-tenup-accordion-item{overflow:hidden}[aria-expanded=false] .icon--expanded,[aria-expanded=true] .icon--collapsed{display:none} </style> <style id='tenup-accordion-style-inline-css'> .wp-block-tenup-accordion,.wp-block-tenup-accordion *>*{box-sizing:border-box}.wp-block-tenup-accordion-content{height:0;overflow:hidden;transition:height .3s ease-in-out,padding .3s ease-in-out}.wp-block-tenup-accordion-content[aria-hidden=true]{padding-bottom:0!important;padding-top:0!important}.wp-block-tenup-accordion-content[aria-hidden=false]{display:block}.wp-block-tenup-accordion.has-child-selected .wp-block-tenup-accordion-content,.wp-block-tenup-accordion.is-selected .wp-block-tenup-accordion-content{display:block;height:100%}[data-type="tenup/accordion"] .wp-block-tenup-accordion-content{transition:none!important}.wp-block-tenup-accordion:not(.has-child-selected) .wp-block-tenup-accordion-content,.wp-block-tenup-accordion:not(.is-selected) .wp-block-tenup-accordion-content{padding-bottom:0!important;padding-top:0!important}.wp-block-tenup-accordion.is-layout-flex{align-items:stretch!important} </style> <style id='wp-parsely-recommendations-style-inline-css'> .parsely-recommendations-list-title{font-size:1.2em}.parsely-recommendations-list{list-style:none;padding:unset}.parsely-recommendations-cardbody{overflow:hidden;padding:.8em;text-overflow:ellipsis;white-space:nowrap}.parsely-recommendations-cardmedia{padding:.8em .8em 0} </style> <link rel='stylesheet' id='all-css-10' href='https://commercialobserver.com/_static/??-eJzTLy/QzcxLzilNSS3WzyrWz01NyUxMzUnNTc0rQeEU5CRWphbp5qSmJyZX6uVm5uklFxfr6OPTDpRD5sM02efaGpobGxkZmBkYGAMARH8u0w==' type='text/css' media='all' /> <style id='jetpack-sharing-buttons-style-inline-css'> .jetpack-sharing-buttons__services-list{display:flex;flex-direction:row;flex-wrap:wrap;gap:0;list-style-type:none;margin:5px;padding:0}.jetpack-sharing-buttons__services-list.has-small-icon-size{font-size:12px}.jetpack-sharing-buttons__services-list.has-normal-icon-size{font-size:16px}.jetpack-sharing-buttons__services-list.has-large-icon-size{font-size:24px}.jetpack-sharing-buttons__services-list.has-huge-icon-size{font-size:36px}@media print{.jetpack-sharing-buttons__services-list{display:none!important}}.editor-styles-wrapper .wp-block-jetpack-sharing-buttons{gap:0;padding-inline-start:0}ul.jetpack-sharing-buttons__services-list.has-background{padding:1.25em 2.375em} </style> <style id='elasticpress-facet-style-inline-css'> .widget_ep-facet input[type=search],.wp-block-elasticpress-facet input[type=search]{margin-bottom:1rem}.widget_ep-facet .searchable .inner,.wp-block-elasticpress-facet .searchable .inner{max-height:20em;overflow:scroll}.widget_ep-facet .term.hide,.wp-block-elasticpress-facet .term.hide{display:none}.widget_ep-facet .empty-term,.wp-block-elasticpress-facet .empty-term{opacity:.5;position:relative}.widget_ep-facet .empty-term:after,.wp-block-elasticpress-facet .empty-term:after{bottom:0;content:" ";display:block;left:0;position:absolute;right:0;top:0;width:100%;z-index:2}.widget_ep-facet .level-1,.wp-block-elasticpress-facet .level-1{padding-left:20px}.widget_ep-facet .level-2,.wp-block-elasticpress-facet .level-2{padding-left:40px}.widget_ep-facet .level-3,.wp-block-elasticpress-facet .level-3{padding-left:60px}.widget_ep-facet .level-4,.wp-block-elasticpress-facet .level-4{padding-left:5pc}.widget_ep-facet .level-5,.wp-block-elasticpress-facet .level-5{padding-left:75pt}.widget_ep-facet input[disabled],.wp-block-elasticpress-facet input[disabled]{cursor:pointer;opacity:1}.widget_ep-facet .term a,.wp-block-elasticpress-facet .term a{-webkit-box-align:center;-ms-flex-align:center;align-items:center;display:-webkit-box;display:-ms-flexbox;display:flex;position:relative}.widget_ep-facet .term a:hover .ep-checkbox,.wp-block-elasticpress-facet .term a:hover .ep-checkbox{background-color:#ccc}.ep-checkbox{-webkit-box-align:center;-ms-flex-align:center;-ms-flex-negative:0;-webkit-box-pack:center;-ms-flex-pack:center;align-items:center;background-color:#eee;display:-webkit-box;display:-ms-flexbox;display:flex;flex-shrink:0;height:1em;justify-content:center;margin-right:.25em;width:1em}.ep-checkbox:after{border:solid #fff;border-width:0 .125em .125em 0;content:"";display:none;height:.5em;-webkit-transform:rotate(45deg);transform:rotate(45deg);width:.25em}.ep-checkbox.checked{background-color:#5e5e5e}.ep-checkbox.checked:after{display:block} </style> <link rel='stylesheet' id='all-css-14' href='https://commercialobserver.com/wp-content/mu-plugins/search/elasticpress/dist/css/related-posts-block-styles.min.css?m=1730999764g' type='text/css' media='all' /> <style id='global-styles-inline-css'> body{--wp--preset--color--black: #404040;--wp--preset--color--cyan-bluish-gray: #abb8c3;--wp--preset--color--white: #FFF;--wp--preset--color--pale-pink: #f78da7;--wp--preset--color--vivid-red: #cf2e2e;--wp--preset--color--luminous-vivid-orange: #ff6900;--wp--preset--color--luminous-vivid-amber: #fcb900;--wp--preset--color--light-green-cyan: #7bdcb5;--wp--preset--color--vivid-green-cyan: #00d084;--wp--preset--color--pale-cyan-blue: #8ed1fc;--wp--preset--color--vivid-cyan-blue: #0693e3;--wp--preset--color--vivid-purple: #9b51e0;--wp--preset--color--gray: #666;--wp--preset--color--dark-gray: #eee;--wp--preset--color--leases: #151CA2;--wp--preset--color--finance: #8c7509;--wp--preset--color--sales: #1d8664;--wp--preset--color--design-construction: #964b1e;--wp--preset--color--technology: #b40505;--wp--preset--color--markets: #b95d1b;--wp--preset--color--events: #415fd0;--wp--preset--color--videos: #07b;--wp--preset--color--videos-hover: #004e7b;--wp--preset--color--sustainability: #266429;--wp--preset--color--medium-gray: #878787;--wp--preset--color--pre-border: #eee;--wp--preset--color--card-hover: #949393;--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple: linear-gradient(135deg,rgba(6,147,227,1) 0%,rgb(155,81,224) 100%);--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan: linear-gradient(135deg,rgb(122,220,180) 0%,rgb(0,208,130) 100%);--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange: linear-gradient(135deg,rgba(252,185,0,1) 0%,rgba(255,105,0,1) 100%);--wp--preset--gradient--luminous-vivid-orange-to-vivid-red: linear-gradient(135deg,rgba(255,105,0,1) 0%,rgb(207,46,46) 100%);--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray: linear-gradient(135deg,rgb(238,238,238) 0%,rgb(169,184,195) 100%);--wp--preset--gradient--cool-to-warm-spectrum: linear-gradient(135deg,rgb(74,234,220) 0%,rgb(151,120,209) 20%,rgb(207,42,186) 40%,rgb(238,44,130) 60%,rgb(251,105,98) 80%,rgb(254,248,76) 100%);--wp--preset--gradient--blush-light-purple: linear-gradient(135deg,rgb(255,206,236) 0%,rgb(152,150,240) 100%);--wp--preset--gradient--blush-bordeaux: linear-gradient(135deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);--wp--preset--gradient--luminous-dusk: linear-gradient(135deg,rgb(255,203,112) 0%,rgb(199,81,192) 50%,rgb(65,88,208) 100%);--wp--preset--gradient--pale-ocean: linear-gradient(135deg,rgb(255,245,203) 0%,rgb(182,227,212) 50%,rgb(51,167,181) 100%);--wp--preset--gradient--electric-grass: linear-gradient(135deg,rgb(202,248,128) 0%,rgb(113,206,126) 100%);--wp--preset--gradient--midnight: linear-gradient(135deg,rgb(2,3,129) 0%,rgb(40,116,252) 100%);--wp--preset--font-size--small: 13px;--wp--preset--font-size--medium: clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.469), 20px);--wp--preset--font-size--large: clamp(22.041px, 1.378rem + ((1vw - 3.2px) * 1.091), 36px);--wp--preset--font-size--x-large: clamp(25.014px, 1.563rem + ((1vw - 3.2px) * 1.327), 42px);--wp--preset--font-size--co-xsmall: clamp(0.875rem, 0.875rem + ((1vw - 0.2rem) * 1), 0.875rem);--wp--preset--font-size--co-small: clamp(1rem, 1rem + ((1vw - 0.2rem) * 1), 1rem);--wp--preset--font-size--co-base: clamp(1.125rem, 1.125rem + ((1vw - 0.2rem) * 0.156), 1.25rem);--wp--preset--font-size--co-base-regular: clamp(1.125rem, 1.125rem + ((1vw - 0.2rem) * 1), 1.125rem);--wp--preset--font-size--co-base-medium: clamp(1.375rem, 1.375rem + ((1vw - 0.2rem) * 1), 1.375rem);--wp--preset--font-size--co-medium: clamp(1.5rem, 1.5rem + ((1vw - 0.2rem) * 1), 1.5rem);--wp--preset--font-size--co-large-medium: clamp(1rem, 1rem + ((1vw - 0.2rem) * 0.625), 1.5rem);--wp--preset--font-size--co-large: clamp(2.5rem, 2.5rem + ((1vw - 0.2rem) * 1), 2.5rem);--wp--preset--font-size--co-x-large: clamp(3.25rem, 3.25rem + ((1vw - 0.2rem) * 1), 3.25rem);--wp--preset--font-size--co-xx-large: clamp(2.5rem, 2.5rem + ((1vw - 0.2rem) * 1.719), 3.875rem);--wp--preset--font-family--co-sans-serif: 'PT Sans Narrow', 'Helvetica Neue', Helvetica, Arial, sans-serif;--wp--preset--font-family--co-serif: 'PT Serif', serif;--wp--preset--font-family--co-sans: 'PT Sans','Helvetica Neue',Helvetica,Arial,sans-serif;--wp--preset--spacing--20: 0.44rem;--wp--preset--spacing--30: 0.67rem;--wp--preset--spacing--40: 1rem;--wp--preset--spacing--50: 1.5rem;--wp--preset--spacing--60: 2.25rem;--wp--preset--spacing--70: 3.38rem;--wp--preset--spacing--80: 5.06rem;--wp--preset--spacing--xs: var(--wp--custom--spacing--xs);--wp--preset--spacing--s: var(--wp--custom--spacing--s);--wp--preset--spacing--2-s: var(--wp--custom--spacing--2-s);--wp--preset--spacing--m: var(--wp--custom--spacing--m);--wp--preset--spacing--2-m: var(--wp--custom--spacing--2-m);--wp--preset--spacing--3-m: var(--wp--custom--spacing--3-m);--wp--preset--spacing--l: var(--wp--custom--spacing--l);--wp--preset--spacing--2-l: var(--wp--custom--spacing--2-l);--wp--preset--spacing--3-l: var(--wp--custom--spacing--3-l);--wp--preset--spacing--xl: var(--wp--custom--spacing--xl);--wp--preset--spacing--2-xl: var(--wp--custom--spacing--2-xl);--wp--preset--spacing--3-xl: var(--wp--custom--spacing--3-xl);--wp--preset--spacing--4-xl: var(--wp--custom--spacing--4-xl);--wp--preset--shadow--natural: 6px 6px 9px rgba(0, 0, 0, 0.2);--wp--preset--shadow--deep: 12px 12px 50px rgba(0, 0, 0, 0.4);--wp--preset--shadow--sharp: 6px 6px 0px rgba(0, 0, 0, 0.2);--wp--preset--shadow--outlined: 6px 6px 0px -3px rgba(255, 255, 255, 1), 6px 6px rgba(0, 0, 0, 1);--wp--preset--shadow--crisp: 6px 6px 0px rgba(0, 0, 0, 1);--wp--custom--spacing--xs: 4px;--wp--custom--spacing--s: 8px;--wp--custom--spacing--2-s: 12px;--wp--custom--spacing--m: 16px;--wp--custom--spacing--2-m: 20px;--wp--custom--spacing--3-m: 24px;--wp--custom--spacing--4-m: 28px;--wp--custom--spacing--l: 32px;--wp--custom--spacing--2-l: 40px;--wp--custom--spacing--3-l: 48px;--wp--custom--spacing--xl: 56px;--wp--custom--spacing--2-xl: 64px;--wp--custom--spacing--3-xl: 72px;--wp--custom--spacing--4-xl: 80px;}body { margin: 0;--wp--style--global--content-size: 1170px;--wp--style--global--wide-size: 1170px; }.wp-site-blocks > .alignleft { float: left; margin-right: 2em; }.wp-site-blocks > .alignright { float: right; margin-left: 2em; }.wp-site-blocks > .aligncenter { justify-content: center; margin-left: auto; margin-right: auto; }:where(.wp-site-blocks) > * { margin-block-start: ; margin-block-end: 0; }:where(.wp-site-blocks) > :first-child:first-child { margin-block-start: 0; }:where(.wp-site-blocks) > :last-child:last-child { margin-block-end: 0; }body { --wp--style--block-gap: ; }body .is-layout-flow > .alignleft{float: left;margin-inline-start: 0;margin-inline-end: 2em;}body .is-layout-flow > .alignright{float: right;margin-inline-start: 2em;margin-inline-end: 0;}body .is-layout-flow > .aligncenter{margin-left: auto !important;margin-right: auto !important;}body .is-layout-constrained > .alignleft{float: left;margin-inline-start: 0;margin-inline-end: 2em;}body .is-layout-constrained > .alignright{float: right;margin-inline-start: 2em;margin-inline-end: 0;}body .is-layout-constrained > .aligncenter{margin-left: auto !important;margin-right: auto !important;}body .is-layout-constrained > :where(:not(.alignleft):not(.alignright):not(.alignfull)){max-width: var(--wp--style--global--content-size);margin-left: auto !important;margin-right: auto !important;}body .is-layout-constrained > .alignwide{max-width: var(--wp--style--global--wide-size);}body .is-layout-flex{display: flex;}body .is-layout-flex{flex-wrap: wrap;align-items: center;}body .is-layout-flex > *{margin: 0;}body .is-layout-grid{display: grid;}body .is-layout-grid > *{margin: 0;}body{background-color: var(--wp--preset--color--white);color: var(--wp--preset--color--black);font-family: var(--wp--preset--font-family--co-serif);font-size: var(--wp--preset--font-size--co-base);line-height: 1.66;}a:where(:not(.wp-element-button)){text-decoration: underline;}h1, h2, h3, h4, h5, h6{font-family: var(--wp--preset--font-family--co-sans-serif);line-height: 1.3;}.wp-element-button, .wp-block-button__link{background-color: #32373c;border-width: 0;color: #fff;font-family: inherit;font-size: inherit;line-height: inherit;padding: calc(0.667em + 2px) calc(1.333em + 2px);text-decoration: none;}.has-black-color{color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-color{color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-color{color: var(--wp--preset--color--white) !important;}.has-pale-pink-color{color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-color{color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-color{color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-color{color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-color{color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-color{color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-color{color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-color{color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-color{color: var(--wp--preset--color--vivid-purple) !important;}.has-gray-color{color: var(--wp--preset--color--gray) !important;}.has-dark-gray-color{color: var(--wp--preset--color--dark-gray) !important;}.has-leases-color{color: var(--wp--preset--color--leases) !important;}.has-finance-color{color: var(--wp--preset--color--finance) !important;}.has-sales-color{color: var(--wp--preset--color--sales) !important;}.has-design-construction-color{color: var(--wp--preset--color--design-construction) !important;}.has-technology-color{color: var(--wp--preset--color--technology) !important;}.has-markets-color{color: var(--wp--preset--color--markets) !important;}.has-events-color{color: var(--wp--preset--color--events) !important;}.has-videos-color{color: var(--wp--preset--color--videos) !important;}.has-videos-hover-color{color: var(--wp--preset--color--videos-hover) !important;}.has-sustainability-color{color: var(--wp--preset--color--sustainability) !important;}.has-medium-gray-color{color: var(--wp--preset--color--medium-gray) !important;}.has-pre-border-color{color: var(--wp--preset--color--pre-border) !important;}.has-card-hover-color{color: var(--wp--preset--color--card-hover) !important;}.has-black-background-color{background-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-background-color{background-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-background-color{background-color: var(--wp--preset--color--white) !important;}.has-pale-pink-background-color{background-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-background-color{background-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-background-color{background-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-background-color{background-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-background-color{background-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-background-color{background-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-background-color{background-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-background-color{background-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-background-color{background-color: var(--wp--preset--color--vivid-purple) !important;}.has-gray-background-color{background-color: var(--wp--preset--color--gray) !important;}.has-dark-gray-background-color{background-color: var(--wp--preset--color--dark-gray) !important;}.has-leases-background-color{background-color: var(--wp--preset--color--leases) !important;}.has-finance-background-color{background-color: var(--wp--preset--color--finance) !important;}.has-sales-background-color{background-color: var(--wp--preset--color--sales) !important;}.has-design-construction-background-color{background-color: var(--wp--preset--color--design-construction) !important;}.has-technology-background-color{background-color: var(--wp--preset--color--technology) !important;}.has-markets-background-color{background-color: var(--wp--preset--color--markets) !important;}.has-events-background-color{background-color: var(--wp--preset--color--events) !important;}.has-videos-background-color{background-color: var(--wp--preset--color--videos) !important;}.has-videos-hover-background-color{background-color: var(--wp--preset--color--videos-hover) !important;}.has-sustainability-background-color{background-color: var(--wp--preset--color--sustainability) !important;}.has-medium-gray-background-color{background-color: var(--wp--preset--color--medium-gray) !important;}.has-pre-border-background-color{background-color: var(--wp--preset--color--pre-border) !important;}.has-card-hover-background-color{background-color: var(--wp--preset--color--card-hover) !important;}.has-black-border-color{border-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-border-color{border-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-border-color{border-color: var(--wp--preset--color--white) !important;}.has-pale-pink-border-color{border-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-border-color{border-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-border-color{border-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-border-color{border-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-border-color{border-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-border-color{border-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-border-color{border-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-border-color{border-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-border-color{border-color: var(--wp--preset--color--vivid-purple) !important;}.has-gray-border-color{border-color: var(--wp--preset--color--gray) !important;}.has-dark-gray-border-color{border-color: var(--wp--preset--color--dark-gray) !important;}.has-leases-border-color{border-color: var(--wp--preset--color--leases) !important;}.has-finance-border-color{border-color: var(--wp--preset--color--finance) !important;}.has-sales-border-color{border-color: var(--wp--preset--color--sales) !important;}.has-design-construction-border-color{border-color: var(--wp--preset--color--design-construction) !important;}.has-technology-border-color{border-color: var(--wp--preset--color--technology) !important;}.has-markets-border-color{border-color: var(--wp--preset--color--markets) !important;}.has-events-border-color{border-color: var(--wp--preset--color--events) !important;}.has-videos-border-color{border-color: var(--wp--preset--color--videos) !important;}.has-videos-hover-border-color{border-color: var(--wp--preset--color--videos-hover) !important;}.has-sustainability-border-color{border-color: var(--wp--preset--color--sustainability) !important;}.has-medium-gray-border-color{border-color: var(--wp--preset--color--medium-gray) !important;}.has-pre-border-border-color{border-color: var(--wp--preset--color--pre-border) !important;}.has-card-hover-border-color{border-color: var(--wp--preset--color--card-hover) !important;}.has-vivid-cyan-blue-to-vivid-purple-gradient-background{background: var(--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple) !important;}.has-light-green-cyan-to-vivid-green-cyan-gradient-background{background: var(--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan) !important;}.has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange) !important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background: var(--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background: var(--wp--preset--gradient--cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background: var(--wp--preset--gradient--blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background: var(--wp--preset--gradient--blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background: var(--wp--preset--gradient--luminous-dusk) !important;}.has-pale-ocean-gradient-background{background: var(--wp--preset--gradient--pale-ocean) !important;}.has-electric-grass-gradient-background{background: var(--wp--preset--gradient--electric-grass) !important;}.has-midnight-gradient-background{background: var(--wp--preset--gradient--midnight) !important;}.has-small-font-size{font-size: var(--wp--preset--font-size--small) !important;}.has-medium-font-size{font-size: var(--wp--preset--font-size--medium) !important;}.has-large-font-size{font-size: var(--wp--preset--font-size--large) !important;}.has-x-large-font-size{font-size: var(--wp--preset--font-size--x-large) !important;}.has-co-xsmall-font-size{font-size: var(--wp--preset--font-size--co-xsmall) !important;}.has-co-small-font-size{font-size: var(--wp--preset--font-size--co-small) !important;}.has-co-base-font-size{font-size: var(--wp--preset--font-size--co-base) !important;}.has-co-base-regular-font-size{font-size: var(--wp--preset--font-size--co-base-regular) !important;}.has-co-base-medium-font-size{font-size: var(--wp--preset--font-size--co-base-medium) !important;}.has-co-medium-font-size{font-size: var(--wp--preset--font-size--co-medium) !important;}.has-co-large-medium-font-size{font-size: var(--wp--preset--font-size--co-large-medium) !important;}.has-co-large-font-size{font-size: var(--wp--preset--font-size--co-large) !important;}.has-co-x-large-font-size{font-size: var(--wp--preset--font-size--co-x-large) !important;}.has-co-xx-large-font-size{font-size: var(--wp--preset--font-size--co-xx-large) !important;}.has-co-sans-serif-font-family{font-family: var(--wp--preset--font-family--co-sans-serif) !important;}.has-co-serif-font-family{font-family: var(--wp--preset--font-family--co-serif) !important;}.has-co-sans-font-family{font-family: var(--wp--preset--font-family--co-sans) !important;} .wp-block-navigation a:where(:not(.wp-element-button)){color: inherit;} .wp-block-pullquote{font-size: clamp(0.984em, 0.984rem + ((1vw - 0.2em) * 0.645), 1.5em);line-height: 1.6;} </style> <link rel='stylesheet' id='all-css-16' href='https://commercialobserver.com/_static/??-eJxtj90KwjAMhV/ILA7RXYnPsrVxi/SPpl3Z29uhE9FdhHBOcr4QLAGUd4lcwmDyyE5wUhB8oWhYkmDIg2GFugpU8jNtqnPAHYYlzT2oWFvaEGv6228suz9AmsiSoB+E4kwRslNTz440SloM7Wa2o48CwfRLTXVw9xHqSohkOdt1VFiP9Prho+CNu9lr253a8/FS6wm8pmZu' type='text/css' media='all' /> <style id='hc-powerlists-inline-css'> :root { --hcpl-accent-color: #59bef4; --hcpl-font-sans: 'PT Sans Narrow'; --hcpl-font-serif: 'PT Serif'; --hcpl-footer-bgnd: #fcfcfc; --hcpl-h5: 12px; } </style> <link rel='stylesheet' id='screen-css-16' href='https://commercialobserver.com/wp-content/themes/observer-unchained/inc/plugins/white-papers/css/select2.min.css?m=1674575012g' type='text/css' media='screen' /> <script type="text/javascript" src="https://commercialobserver.com/wp-includes/js/jquery/jquery.min.js?m=1732206003g" ></script><script async type="text/javascript" async="async" src="//s.ntv.io/serve/load.js?ver=20200731" id="nativo-async-js"></script> <script type="text/javascript" src="https://commercialobserver.com/_static/??-eJylzFEOgjAQBcALWZ4QkS/jWbA87TZ0abqLXF/jFTzADI4a4qZOdXhioWF7GNubLewa0yzKBaIRdd1fooYjiTPUubIZssG4MvrQFdEu2wl/h8/248t3u5dbf50u4zSe+yF/ABl/P6Y=" ></script><script type="text/javascript" src="https://cdn.jwplayer.com/libraries/JbLDKTXE.js?ver=6.5.5" id="jwppp-library-js"></script> <script type="text/javascript" src="https://commercialobserver.com/wp-content/plugins/jw-player-7-for-wp-premium/jw-widget/js/jw-widget-min.js?m=1674575012g" ></script><script async type="text/javascript" src="https://htlbid.com/v3/commercialobserver.com/htlbid.js?ver=3.0" id="hashtag-labs-async-js"></script> <script type="text/javascript" id="piano-get-triggers-js-extra"> /* <![CDATA[ */ var piano_getTriggerData = {"debug_mode":"","offers":{"lite":{"offerId":"OF0RAOJACRDD","termId":"TMA7WKAGJES9","formName":"premium"},"premium":{"offerId":"OFZAHNG3CM01","termId":"TML2Y4EZAK6J","formName":"premium"},"premium-no-trial":{"offerId":"OFJ6KX2HDRL6","termId":"TMTAI324TC77","formName":"premium"},"premium-monthly-no-trial":{"offerId":"OF4TJU23FKHQ","termId":"TMVTFDEZQ2FR","formName":"premium"},"premium-plus":{"offerId":"OFD3WN04KOEW","termId":"TM4NVOEL2CZZ","formName":"premium_plus"},"premium-plus-no-trial":{"offerId":"OFJ6KX2HDRL6","termId":"TM60ZCB5D96B","formName":"premium_plus"},"holiday21":{"offerId":"OFRCEGKYN632","termId":"TMREMENW4051","formName":"premium_plus"},"referral":{"offerId":"OFJ6KX2HDRL6","termId":"TM8VB8SZA55U","formName":"premium"},"expert":{"offerId":"OFIP9FIFNU3L","termId":"TMDC4QTCJ5RK","formName":"expert"},"expert-no-trial":{"offerId":"OFM90ZWWRPH2","termId":"TMRJX2A9ODPZ","formName":"expert"},"expert-dynamic":{"offerId":"OFDZXAHHJV7O","termId":"TMQCYG29367J","formName":"expert"},"professional":{"offerId":"OF2MMCB6XR8B","termId":"TMWVCCY6O4VQ","formName":"professional"},"professional-no-trial":{"offerId":"OFTLLS2PEQSB","termId":"TMPXH0QX14EW","formName":"professional"},"corporate-connect-5":{"offerId":"OFMLMZYEX2HL","termId":"TMSPY1TWKSUR","formName":"corporate"},"corporate-connect-10":{"offerId":"OFMLMZYEX2HL","termId":"TMGQ9E0Q1EYG","formName":"corporate"},"corporate-connect-15":{"offerId":"OFMLMZYEX2HL","termId":"TM44QU9RAL9R","formName":"corporate"},"corporate-connect-20":{"offerId":"OFMLMZYEX2HL","termId":"TMGA72C7FGD1","formName":"corporate"},"corporate-connect-30":{"offerId":"OFMLMZYEX2HL","termId":"TM5XQJXRJNBY","formName":"corporate"},"corporate-connect-40":{"offerId":"OFMLMZYEX2HL","termId":"TMIJK20BWIW2","formName":"corporate"},"corporate-connect-50":{"offerId":"OFMLMZYEX2HL","termId":"TMRYBVC0SYH0","formName":"corporate"},"corporate-connect-75":{"offerId":"OFMLMZYEX2HL","termId":"TMKQM2HQSKO6","formName":"corporate"},"corporate-connect-100":{"offerId":"OFMLMZYEX2HL","termId":"TMOU61NM1B76","formName":"corporate"}}}; /* ]]> */ </script> <script type="text/javascript" id="piano-ecomm-js-extra"> /* <![CDATA[ */ var piano_postData = {"debug_mode":"","postID":"444937","postTitle":"Power 100 2023","postCategory":[]}; /* ]]> */ </script> <script type="text/javascript" id="piano-middleware-js-extra"> /* <![CDATA[ */ var piano_middleware = {"debug_mode":"","ajaxurl":"https:\/\/commercialobserver.com\/wp-admin\/admin-ajax.php","nonceURL":"https:\/\/commercialobserver.com\/wp-json\/piano\/nonce"}; /* ]]> */ </script> <script type="text/javascript" src="https://commercialobserver.com/_static/??-eJyljEEOwjAMBD9EMBWiPSHeEpJVmqi2Kzul3ydvgMOcRjN07iGpdEinvoLhpG+HfWDhkLTGKsjUnFjzsQ271ygaCnroVkuB+bX5hX7bICnzHz3XnDec0TAmL35Oy3163OZB+wJBc1D0" ></script><link rel="canonical" href="https://commercialobserver.com/power-series/power-100-2023/" /> <link rel="https://api.w.org/" href="https://commercialobserver.com/wp-json/" /><link rel="EditURI" type="application/rsd+xml" title="RSD" href="https://commercialobserver.com/xmlrpc.php?rsd" /> <meta name="generator" content="WordPress 6.5.5" /> <link rel='shortlink' href='https://commercialobserver.com/?p=444937' /> <link rel="alternate" type="application/json+oembed" href="https://commercialobserver.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fcommercialobserver.com%2Fpower-series%2Fpower-100-2023%2F" /> <link rel="alternate" type="text/xml+oembed" href="https://commercialobserver.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fcommercialobserver.com%2Fpower-series%2Fpower-100-2023%2F&format=xml" /> <!-- OneTrust Cookies Consent Notice start --> <script async src="https://cdn.cookielaw.org/scripttemplates/otSDKStub.js" id="otSDKStub" type="text/javascript" charset="UTF-8" data-domain-script="dd6103a5-d710-4366-8b1f-2670496b5c48"></script> <script type="text/javascript"> function OptanonWrapper() { } </script> <!-- OneTrust Cookies Consent Notice end --> <style>img#wpstats{display:none}</style> <!-- Hashtag Labs --> <script> window.htlbid = window.htlbid || {}; htlbid.cmd = htlbid.cmd || []; htlbid.cmd.push(function() { htlbid.layout(''); // Leave empty string or add custom layout htlbid.setTargeting("is_testing", "no"); htlbid.setTargeting("is_home", "no"); htlbid.setTargeting("url", "https:\/\/commercialobserver.com\/power-series\/power-100-2023\/"); htlbid.setTargeting("tag", "power-100-2023"); htlbid.setTargeting("sponsored", ""); htlbid.setTargeting("articleID", "article_444937"); htlbid.setTargeting("author", "the-editors"); htlbid.setTargeting("section", ""); htlbid.setTargeting("channels", ""); htlbid.setTargeting("pagetype", "hc_powerlist_100"); htlbid.setTargeting("market", ""); htlbid.setTargeting("section_front", ""); htlbid.setTargeting("brandsafe", "yes"); }); </script> <!-- Bombora --> <script> (function (w,d,t) { _ml = w._ml || {}; _ml.eid = '89160'; var s, cd, tag; s = d.getElementsByTagName(t)[0]; cd = new Date(); tag = d.createElement(t); tag.async = 1; tag.src = 'https://ml314.com/tag.aspx?' + cd.getDate() + cd.getMonth(); s.parentNode.insertBefore(tag, s); })(window,document,'script'); </script> <!-- End Bombora --> <!-- Chartbeat Analytics, needs to be post-canonical declaration --> </head> <body class="hc_powerlist-template-default single single-hc_powerlist postid-444937 group-blog piano-premium"> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-WCGJ5DK" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <!-- End Google Tag Manager (noscript) --> <!-- Hashtag Labs Ad commercialobserver_skin --> <div class="ad-wrapper ad-skin htlad-commercialobserver_skin" id="commercialobserver_skin"></div> <div id="page" class="site"> <a class="skip-link screen-reader-text" href="#content">Skip to content</a> <header id="masthead" class="site-header" role="banner"> <div class="piano piano--header piano--header_bar"></div> <!-- Hashtag Labs Ad commercialobserver_leaderboard_atf_dsk --> <div class="ad-wrapper ad-header htlad-commercialobserver_leaderboard_atf_dsk" id="commercialobserver_leaderboard_atf_dsk"></div> <!-- pushdown use menu bar lockup for height --> <div id="menu-bar-lockup" class="menu-bar-lockup"> <button id="hamburglar" aria-label="View Menu"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" class="icon" width="20" height="20"><path fill="currentColor" d="M16 132h416c8.837 0 16-7.163 16-16V76c0-8.837-7.163-16-16-16H16C7.163 60 0 67.163 0 76v40c0 8.837 7.163 16 16 16zm0 160h416c8.837 0 16-7.163 16-16v-40c0-8.837-7.163-16-16-16H16c-8.837 0-16 7.163-16 16v40c0 8.837 7.163 16 16 16zm0 160h416c8.837 0 16-7.163 16-16v-40c0-8.837-7.163-16-16-16H16c-8.837 0-16 7.163-16 16v40c0 8.837 7.163 16 16 16z"/></svg> </button> <div class="site-branding"> <a href="https://commercialobserver.com/" title="Commercial Observer Home" rel="home"> <img src="https://commercialobserver.com/wp-content/themes/observer-unchained/images/co_logo_white.png" alt="" width="188" height="21"> </a> </div><!-- .site-branding --> <nav id="site-navigation" class="main-navigation" role="navigation" aria-label="Main Navigation"> <div class="menu-main-menu-container"><ul id="menu-main-menu" class="menu"><li id="menu-item-316128" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children leases dropdown"><a href="https://commercialobserver.com/leases/" class="">Leases</a><button type="button" aria-label="More Leases items" aria-controls="menu-items-316128" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316128'> <li id="menu-item-316129" class="menu-item menu-item-type-taxonomy menu-item-object-category industrial-leases"><a href="https://commercialobserver.com/leases/industrial/" class="">Industrial Leases</a></li> <li id="menu-item-316130" class="menu-item menu-item-type-taxonomy menu-item-object-category office-leases"><a href="https://commercialobserver.com/leases/office/" class="">Office Leases</a></li> <li id="menu-item-316131" class="menu-item menu-item-type-taxonomy menu-item-object-category retail"><a href="https://commercialobserver.com/leases/retail/" class="">Retail</a></li> <li id="menu-item-316132" class="menu-item menu-item-type-taxonomy menu-item-object-category all-leases"><a href="https://commercialobserver.com/leases/" class="">All Leases</a></li> <li id="menu-item-470684" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/leases/lease-deals-of-the-week/" class="">Deals of the Week</a></li> </ul></div> </li> <li id="menu-item-316133" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children finance dropdown"><a href="https://commercialobserver.com/finance/" class="">Finance</a><button type="button" aria-label="More Finance items" aria-controls="menu-items-316133" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316133'> <li id="menu-item-316134" class="menu-item menu-item-type-taxonomy menu-item-object-category acquisition"><a href="https://commercialobserver.com/finance/acquisition/" class="">Acquisition</a></li> <li id="menu-item-316135" class="menu-item menu-item-type-taxonomy menu-item-object-category cmbs"><a href="https://commercialobserver.com/finance/cmbs/" class="">CMBS</a></li> <li id="menu-item-316136" class="menu-item menu-item-type-taxonomy menu-item-object-category construction"><a href="https://commercialobserver.com/finance/construction/" class="">Construction</a></li> <li id="menu-item-378773" class="menu-item menu-item-type-taxonomy menu-item-object-category distress"><a href="https://commercialobserver.com/finance/distress/" class="">Distress</a></li> <li id="menu-item-316137" class="menu-item menu-item-type-taxonomy menu-item-object-category refinance"><a href="https://commercialobserver.com/finance/refinance/" class="">Refinance</a></li> <li id="menu-item-316138" class="menu-item menu-item-type-taxonomy menu-item-object-category all-finance"><a href="https://commercialobserver.com/finance/" class="">All Finance</a></li> <li id="menu-item-470683" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/finance/finance-deals-of-the-week/" class="">Deals of the Week</a></li> </ul></div> </li> <li id="menu-item-316139" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children investments dropdown"><a href="https://commercialobserver.com/sales/" class="">Investments</a><button type="button" aria-label="More Investments items" aria-controls="menu-items-316139" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316139'> <li id="menu-item-316145" class="menu-item menu-item-type-taxonomy menu-item-object-category residential"><a href="https://commercialobserver.com/sales/residential/" class="">Residential</a></li> <li id="menu-item-316140" class="menu-item menu-item-type-taxonomy menu-item-object-category commercial"><a href="https://commercialobserver.com/sales/commercial/" class="">Commercial</a></li> <li id="menu-item-316144" class="menu-item menu-item-type-taxonomy menu-item-object-category mixed-use"><a href="https://commercialobserver.com/sales/mixed-use/" class="">Mixed Use</a></li> <li id="menu-item-316143" class="menu-item menu-item-type-taxonomy menu-item-object-category land"><a href="https://commercialobserver.com/sales/land/" class="">Land</a></li> <li id="menu-item-316142" class="menu-item menu-item-type-taxonomy menu-item-object-category hotels"><a href="https://commercialobserver.com/sales/hotels/" class="">Hotels</a></li> <li id="menu-item-316141" class="menu-item menu-item-type-taxonomy menu-item-object-category development-rights"><a href="https://commercialobserver.com/sales/development-rights/" class="">Development Rights</a></li> <li id="menu-item-316146" class="menu-item menu-item-type-taxonomy menu-item-object-category all-sales"><a href="https://commercialobserver.com/sales/" class="">All Sales</a></li> <li id="menu-item-470680" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/sales/sales-deals-of-the-week/" class="">Deals of the Week</a></li> </ul></div> </li> <li id="menu-item-316148" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children design-construction dropdown"><a href="https://commercialobserver.com/design-construction/" class="">Design + Construction</a><button type="button" aria-label="More Design + Construction items" aria-controls="menu-items-316148" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316148'> <li id="menu-item-316149" class="menu-item menu-item-type-taxonomy menu-item-object-category architecture"><a href="https://commercialobserver.com/design-construction/architecture/" class="">Architecture</a></li> <li id="menu-item-316150" class="menu-item menu-item-type-taxonomy menu-item-object-category construction"><a href="https://commercialobserver.com/design-construction/construction/" class="">Construction</a></li> <li id="menu-item-316151" class="menu-item menu-item-type-taxonomy menu-item-object-category infrastructure"><a href="https://commercialobserver.com/design-construction/infrastructure/" class="">Infrastructure</a></li> <li id="menu-item-316153" class="menu-item menu-item-type-taxonomy menu-item-object-category policy"><a href="https://commercialobserver.com/design-construction/policy/" class="">Policy</a></li> <li id="menu-item-316154" class="menu-item menu-item-type-taxonomy menu-item-object-category urban-planning"><a href="https://commercialobserver.com/design-construction/urban-planning/" class="">Urban Planning</a></li> <li id="menu-item-316152" class="menu-item menu-item-type-taxonomy menu-item-object-category neighborhoods"><a href="https://commercialobserver.com/design-construction/neighborhoods/" class="">Neighborhoods</a></li> <li id="menu-item-316156" class="menu-item menu-item-type-taxonomy menu-item-object-category all-design-construction"><a href="https://commercialobserver.com/design-construction/" class="">All Design + Construction</a></li> </ul></div> </li> <li id="menu-item-331990" class="menu-item menu-item-type-taxonomy menu-item-object-category technology"><a href="https://commercialobserver.com/technology/" class="">Technology</a></li> <li id="menu-item-316157" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children more dropdown"><a href="https://commercialobserver.com/more/" class="">More</a><button type="button" aria-label="More More items" aria-controls="menu-items-316157" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316157'> <li id="menu-item-316158" class="menu-item menu-item-type-taxonomy menu-item-object-category analysis"><a href="https://commercialobserver.com/more/analysis/" class="">Analysis</a></li> <li id="menu-item-316159" class="menu-item menu-item-type-taxonomy menu-item-object-category columnists"><a href="https://commercialobserver.com/more/columnists/" class="">Columnists</a></li> <li id="menu-item-316160" class="menu-item menu-item-type-taxonomy menu-item-object-category features"><a href="https://commercialobserver.com/more/features/" class="">Features</a></li> <li id="menu-item-316161" class="menu-item menu-item-type-taxonomy menu-item-object-category industry"><a href="https://commercialobserver.com/more/industry/" class="">Industry</a></li> <li id="menu-item-483822" class="menu-item menu-item-type-taxonomy menu-item-object-category earnings"><a href="https://commercialobserver.com/more/earnings/" class="">Earnings</a></li> <li id="menu-item-316162" class="menu-item menu-item-type-taxonomy menu-item-object-category legal"><a href="https://commercialobserver.com/more/legal/" class="">Legal</a></li> <li id="menu-item-342174" class="menu-item menu-item-type-custom menu-item-object-custom partner-insights"><a href="https://commercialobserver.com/partner-insights" class="">Partner Insights</a></li> <li id="menu-item-316163" class="menu-item menu-item-type-taxonomy menu-item-object-category players"><a href="https://commercialobserver.com/more/players/" class="">Players</a></li> <li id="menu-item-316164" class="menu-item menu-item-type-taxonomy menu-item-object-category research"><a href="https://commercialobserver.com/more/research/" class="">Research</a></li> <li id="menu-item-381372" class="menu-item menu-item-type-taxonomy menu-item-object-category tenant-talk"><a href="https://commercialobserver.com/more/tenant-talk/" class="">Tenant Talk</a></li> <li id="menu-item-316165" class="menu-item menu-item-type-taxonomy menu-item-object-category transportation"><a href="https://commercialobserver.com/more/transportation/" class="">Transportation</a></li> </ul></div> </li> <li id="menu-item-330494" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children markets dropdown"><a class="">Markets</a><button type="button" aria-label="More Markets items" aria-controls="menu-items-330494" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-330494'> <li id="menu-item-330495" class="menu-item menu-item-type-taxonomy menu-item-object-market los-angeles"><a href="https://commercialobserver.com/market/los-angeles/" class="">Los Angeles</a></li> <li id="menu-item-330496" class="menu-item menu-item-type-taxonomy menu-item-object-market new-york-city"><a href="https://commercialobserver.com/market/new-york-city/" class="">New York City</a></li> <li id="menu-item-330497" class="menu-item menu-item-type-taxonomy menu-item-object-market manhattan"><a href="https://commercialobserver.com/market/manhattan/" class="">Manhattan</a></li> <li id="menu-item-330499" class="menu-item menu-item-type-taxonomy menu-item-object-market queens"><a href="https://commercialobserver.com/market/queens/" class="">Queens</a></li> <li id="menu-item-330500" class="menu-item menu-item-type-taxonomy menu-item-object-market bronx"><a href="https://commercialobserver.com/market/bronx/" class="">Bronx</a></li> <li id="menu-item-330501" class="menu-item menu-item-type-taxonomy menu-item-object-market national"><a href="https://commercialobserver.com/market/national/" class="">National</a></li> <li id="menu-item-337497" class="menu-item menu-item-type-taxonomy menu-item-object-market washington-dc"><a href="https://commercialobserver.com/market/washington-dc/" class="">Washington DC</a></li> <li id="menu-item-495442" class="menu-item menu-item-type-custom menu-item-object-custom south-florida"><a href="https://commercialobserver.com/market/south-florida/" class="">South Florida</a></li> </ul></div> </li> <li id="menu-item-451828" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children videos dropdown"><a href="https://commercialobserver.com/videos/commercial-observer-video/" class="">Videos</a><button type="button" aria-label="More Videos items" aria-controls="menu-items-451828" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-451828'> <li id="menu-item-372293" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel power-briefing"><a href="https://commercialobserver.com/videos/power-briefing/" class="">Power Briefing</a></li> <li id="menu-item-355467" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel leasing-sales-qa"><a href="https://commercialobserver.com/videos/commercial-observations/" class="">Leasing + Sales Q&A</a></li> <li id="menu-item-372295" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel design-construction-qa"><a href="https://commercialobserver.com/videos/design-construction/" class="">Design + Construction Q&A</a></li> <li id="menu-item-355468" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel on-demand-events"><a href="https://commercialobserver.com/videos/on-demand/" class="">On-Demand Events</a></li> <li id="menu-item-321336" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel all-videos"><a href="https://commercialobserver.com/videos/commercial-observer-video/" class="">All Videos</a></li> </ul></div> </li> <li id="menu-item-350969" class="menu-item menu-item-type-post_type_archive menu-item-object-print_issue weekly-issue"><a href="https://commercialobserver.com/magazine/" class="">Weekly Issue</a></li> <li id="menu-item-412914" class="menu-item menu-item-type-post_type menu-item-object-page events"><a href="https://commercialobserver.com/commercial-observer-events/" class="">Events</a></li> <li id="menu-item-476308" class="menu-item menu-item-type-custom menu-item-object-custom power-series"><a href="https://commercialobserver.com/commercial-observer-power-series/" class="">Power Series</a></li> </ul></div> </nav><!-- #site-navigation --> <div class="top-right-nav"> <div class="piano-account-management"> <span class="piano-account-inactive-container management-block"> <a href="javascript:void(0);" class="account-button piano-login-button" data-slimstat="5">Log In</a> <a href="https://commercialobserver.com/membership/" class="account-button" data-slimstat="5">Sign Up</a> </span> <span class="piano-account-active-container management-block account-container"> <a class="account-button" href="https://commercialobserver.com/account/">My Account</a> <a href="javascript:void(0);" class="account-button piano-logout-button" data-slimstat="5">Log Out</a> <div class="account-dropdown"> <ul> <li> <a href="https://commercialobserver.com/account/" class="account-dropdown-link">Account Details</a> </li> <li> <a href="https://commercialobserver.com/account/email-preferences/" class="account-dropdown-link">Email Preferences</a> </li> <li> <a href="https://commercialobserver.com/membership-faqs/" class="account-dropdown-link">Member FAQs</a> </li> <li> <a href="javascript:void(0);" class="account-dropdown-link piano-logout-button">Logout</a> </li> </ul> </div> </span> </div> <button id="nav-search-button" type="button" class="search" aria-label="Open search"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" class="icon" width="20" height="20"><path fill="currentColor" d="M505 442.7 405.3 343c-4.5-4.5-10.6-7-17-7H372c27.6-35.3 44-79.7 44-128C416 93.1 322.9 0 208 0S0 93.1 0 208s93.1 208 208 208c48.3 0 92.7-16.4 128-44v16.3c0 6.4 2.5 12.5 7 17l99.7 99.7c9.4 9.4 24.6 9.4 33.9 0l28.3-28.3c9.4-9.4 9.4-24.6.1-34zM208 336c-70.7 0-128-57.2-128-128 0-70.7 57.2-128 128-128 70.7 0 128 57.2 128 128 0 70.7-57.2 128-128 128z"/></svg> </button> <div id="search-wrapper" class="search-wrapper search-bar-hidden"> <form role="search" id="search-form" class="search-form" action="https://commercialobserver.com/" method="GET"> <div class="input-button-lockup"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512" class="icon" width="20" height="20"><path fill="currentColor" d="M505 442.7 405.3 343c-4.5-4.5-10.6-7-17-7H372c27.6-35.3 44-79.7 44-128C416 93.1 322.9 0 208 0S0 93.1 0 208s93.1 208 208 208c48.3 0 92.7-16.4 128-44v16.3c0 6.4 2.5 12.5 7 17l99.7 99.7c9.4 9.4 24.6 9.4 33.9 0l28.3-28.3c9.4-9.4 9.4-24.6.1-34zM208 336c-70.7 0-128-57.2-128-128 0-70.7 57.2-128 128-128 70.7 0 128 57.2 128 128 0 70.7-57.2 128-128 128z"/></svg> <input type="search" id="search-input" name="s" class="search-input" placeholder="Enter search term here" value="" autocomplete="off" autocapitalize="off"> <button type="submit" class="co-btn search-submit">Search</button> </div> </form> </div> </div> </div> </header><!-- #masthead --> <div id="flyout-menu-wrapper"> <div id="flyout-menu"> <div class="header"> <button id="flyout-close" aria-label="Close menu"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 352 512" class="icon" width="20" height="20"><path fill="currentColor" d="m242.72 256 100.07-100.07c12.28-12.28 12.28-32.19 0-44.48l-22.24-22.24c-12.28-12.28-32.19-12.28-44.48 0L176 189.28 75.93 89.21c-12.28-12.28-32.19-12.28-44.48 0L9.21 111.45c-12.28 12.28-12.28 32.19 0 44.48L109.28 256 9.21 356.07c-12.28 12.28-12.28 32.19 0 44.48l22.24 22.24c12.28 12.28 32.2 12.28 44.48 0L176 322.72l100.07 100.07c12.28 12.28 32.2 12.28 44.48 0l22.24-22.24c12.28-12.28 12.28-32.19 0-44.48L242.72 256z"/></svg> </button> <div class="logo-wrap"> <a href="/"> <img src="https://commercialobserver.com/wp-content/themes/observer-unchained/images/co_logo_dark.png" alt="Commercial Observer" width="188" height="21" decoding="async" loading="lazy" /> </a> </div> </div> <div class="menus"> <nav class="menu-flyout-menu-container" aria-label="Flyout menu"><ul id="menu-flyout-menu" class="menu"><li id="menu-item-316176" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children leases dropdown"><a href="https://commercialobserver.com/leases/" class="">Leases</a><button type="button" aria-label="More Leases items" aria-controls="menu-items-316176" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316176'> <li id="menu-item-316177" class="menu-item menu-item-type-taxonomy menu-item-object-category industrial-leases"><a href="https://commercialobserver.com/leases/industrial/" class="">Industrial Leases</a></li> <li id="menu-item-316178" class="menu-item menu-item-type-taxonomy menu-item-object-category office-leases"><a href="https://commercialobserver.com/leases/office/" class="">Office Leases</a></li> <li id="menu-item-316179" class="menu-item menu-item-type-taxonomy menu-item-object-category retail"><a href="https://commercialobserver.com/leases/retail/" class="">Retail</a></li> <li id="menu-item-316180" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/leases/" class="">All</a></li> <li id="menu-item-470695" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/leases/lease-deals-of-the-week/" class="">Deals of the Week</a></li> </ul></div> </li> <li id="menu-item-316181" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children finance dropdown"><a href="https://commercialobserver.com/finance/" class="">Finance</a><button type="button" aria-label="More Finance items" aria-controls="menu-items-316181" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316181'> <li id="menu-item-316182" class="menu-item menu-item-type-taxonomy menu-item-object-category acquisition"><a href="https://commercialobserver.com/finance/acquisition/" class="">Acquisition</a></li> <li id="menu-item-316184" class="menu-item menu-item-type-taxonomy menu-item-object-category construction"><a href="https://commercialobserver.com/finance/construction/" class="">Construction</a></li> <li id="menu-item-316183" class="menu-item menu-item-type-taxonomy menu-item-object-category cmbs"><a href="https://commercialobserver.com/finance/cmbs/" class="">CMBS</a></li> <li id="menu-item-378768" class="menu-item menu-item-type-taxonomy menu-item-object-category distress"><a href="https://commercialobserver.com/finance/distress/" class="">Distress</a></li> <li id="menu-item-316185" class="menu-item menu-item-type-taxonomy menu-item-object-category refinance"><a href="https://commercialobserver.com/finance/refinance/" class="">Refinance</a></li> <li id="menu-item-316186" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/finance/" class="">All</a></li> <li id="menu-item-470696" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/finance/finance-deals-of-the-week/" class="">Deals of the Week</a></li> </ul></div> </li> <li id="menu-item-316187" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children investments-sales dropdown"><a href="https://commercialobserver.com/sales/" class="">Investments & Sales</a><button type="button" aria-label="More Investments & Sales items" aria-controls="menu-items-316187" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316187'> <li id="menu-item-316193" class="menu-item menu-item-type-taxonomy menu-item-object-category residential"><a href="https://commercialobserver.com/sales/residential/" class="">Residential</a></li> <li id="menu-item-316188" class="menu-item menu-item-type-taxonomy menu-item-object-category commercial"><a href="https://commercialobserver.com/sales/commercial/" class="">Commercial</a></li> <li id="menu-item-316192" class="menu-item menu-item-type-taxonomy menu-item-object-category mixed-use"><a href="https://commercialobserver.com/sales/mixed-use/" class="">Mixed Use</a></li> <li id="menu-item-316191" class="menu-item menu-item-type-taxonomy menu-item-object-category land"><a href="https://commercialobserver.com/sales/land/" class="">Land</a></li> <li id="menu-item-316190" class="menu-item menu-item-type-taxonomy menu-item-object-category hotels"><a href="https://commercialobserver.com/sales/hotels/" class="">Hotels</a></li> <li id="menu-item-316189" class="menu-item menu-item-type-taxonomy menu-item-object-category development-rights"><a href="https://commercialobserver.com/sales/development-rights/" class="">Development Rights</a></li> <li id="menu-item-316194" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/sales/" class="">All</a></li> <li id="menu-item-470697" class="menu-item menu-item-type-custom menu-item-object-custom deals-of-the-week"><a href="https://commercialobserver.com/sales/sales-deals-of-the-week/" class="">Deals of the Week</a></li> </ul></div> </li> <li id="menu-item-316195" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children design-construction dropdown"><a href="https://commercialobserver.com/design-construction/" class="">Design + Construction</a><button type="button" aria-label="More Design + Construction items" aria-controls="menu-items-316195" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316195'> <li id="menu-item-316196" class="menu-item menu-item-type-taxonomy menu-item-object-category architecture"><a href="https://commercialobserver.com/design-construction/architecture/" class="">Architecture</a></li> <li id="menu-item-316197" class="menu-item menu-item-type-taxonomy menu-item-object-category construction"><a href="https://commercialobserver.com/design-construction/construction/" class="">Construction</a></li> <li id="menu-item-316198" class="menu-item menu-item-type-taxonomy menu-item-object-category infrastructure"><a href="https://commercialobserver.com/design-construction/infrastructure/" class="">Infrastructure</a></li> <li id="menu-item-316200" class="menu-item menu-item-type-taxonomy menu-item-object-category policy"><a href="https://commercialobserver.com/design-construction/policy/" class="">Policy</a></li> <li id="menu-item-316201" class="menu-item menu-item-type-taxonomy menu-item-object-category urban-planning"><a href="https://commercialobserver.com/design-construction/urban-planning/" class="">Urban Planning</a></li> <li id="menu-item-316199" class="menu-item menu-item-type-taxonomy menu-item-object-category neighborhoods"><a href="https://commercialobserver.com/design-construction/neighborhoods/" class="">Neighborhoods</a></li> <li id="menu-item-316203" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/design-construction/" class="">All</a></li> </ul></div> </li> <li id="menu-item-331992" class="menu-item menu-item-type-taxonomy menu-item-object-category technology"><a href="https://commercialobserver.com/technology/" class="">Technology</a></li> <li id="menu-item-316204" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children more dropdown"><a href="https://commercialobserver.com/more/" class="">More</a><button type="button" aria-label="More More items" aria-controls="menu-items-316204" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-316204'> <li id="menu-item-316207" class="menu-item menu-item-type-taxonomy menu-item-object-category features"><a href="https://commercialobserver.com/more/features/" class="">Features</a></li> <li id="menu-item-316206" class="menu-item menu-item-type-taxonomy menu-item-object-category columnists"><a href="https://commercialobserver.com/more/columnists/" class="">Columnists</a></li> <li id="menu-item-316205" class="menu-item menu-item-type-taxonomy menu-item-object-category analysis"><a href="https://commercialobserver.com/more/analysis/" class="">Analysis</a></li> <li id="menu-item-316211" class="menu-item menu-item-type-taxonomy menu-item-object-category research"><a href="https://commercialobserver.com/more/research/" class="">Research</a></li> <li id="menu-item-352797" class="menu-item menu-item-type-custom menu-item-object-custom partner-insights"><a href="https://commercialobserver.com/partner-insights" class="">Partner Insights</a></li> <li id="menu-item-316208" class="menu-item menu-item-type-taxonomy menu-item-object-category industry"><a href="https://commercialobserver.com/more/industry/" class="">Industry</a></li> <li id="menu-item-316209" class="menu-item menu-item-type-taxonomy menu-item-object-category legal"><a href="https://commercialobserver.com/more/legal/" class="">Legal</a></li> <li id="menu-item-316210" class="menu-item menu-item-type-taxonomy menu-item-object-category players"><a href="https://commercialobserver.com/more/players/" class="">Players</a></li> <li id="menu-item-316212" class="menu-item menu-item-type-taxonomy menu-item-object-category transportation"><a href="https://commercialobserver.com/more/transportation/" class="">Transportation</a></li> <li id="menu-item-483821" class="menu-item menu-item-type-taxonomy menu-item-object-category earnings"><a href="https://commercialobserver.com/more/earnings/" class="">Earnings</a></li> <li id="menu-item-316213" class="menu-item menu-item-type-taxonomy menu-item-object-category all"><a href="https://commercialobserver.com/more/" class="">All</a></li> </ul></div> </li> <li id="menu-item-320233" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children markets dropdown"><a class="">Markets</a><button type="button" aria-label="More Markets items" aria-controls="menu-items-320233" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-320233'> <li id="menu-item-330493" class="menu-item menu-item-type-taxonomy menu-item-object-market los-angeles"><a href="https://commercialobserver.com/market/los-angeles/" class="">Los Angeles</a></li> <li id="menu-item-320234" class="menu-item menu-item-type-taxonomy menu-item-object-market new-york-city"><a href="https://commercialobserver.com/market/new-york-city/" class="">New York City</a></li> <li id="menu-item-320235" class="menu-item menu-item-type-taxonomy menu-item-object-market manhattan"><a href="https://commercialobserver.com/market/manhattan/" class="">Manhattan</a></li> <li id="menu-item-320237" class="menu-item menu-item-type-taxonomy menu-item-object-market queens"><a href="https://commercialobserver.com/market/queens/" class="">Queens</a></li> <li id="menu-item-320239" class="menu-item menu-item-type-taxonomy menu-item-object-market bronx"><a href="https://commercialobserver.com/market/bronx/" class="">Bronx</a></li> <li id="menu-item-320241" class="menu-item menu-item-type-taxonomy menu-item-object-market national"><a href="https://commercialobserver.com/market/national/" class="">National</a></li> <li id="menu-item-338576" class="menu-item menu-item-type-taxonomy menu-item-object-market washington-dc"><a href="https://commercialobserver.com/market/washington-dc/" class="">Washington DC</a></li> <li id="menu-item-495439" class="menu-item menu-item-type-custom menu-item-object-custom south-florida"><a href="https://commercialobserver.com/market/south-florida/" class="">South Florida</a></li> </ul></div> </li> <li id="menu-item-320922" class="menu-item menu-item-type-post_type_archive menu-item-object-video menu-item-has-children videos dropdown"><a href="https://commercialobserver.com/videos/" class="">Videos</a><button type="button" aria-label="More Videos items" aria-controls="menu-items-320922" aria-expanded="false"><svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512" class="icon" width="9"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"/></svg></button> <div class='sub-menu-wrap'><ul class='sub-menu' id='menu-items-320922'> <li id="menu-item-372297" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel power-briefing"><a href="https://commercialobserver.com/videos/power-briefing/" class="">Power Briefing</a></li> <li id="menu-item-355470" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel leasing-sales-qa"><a href="https://commercialobserver.com/videos/commercial-observations/" class="">Leasing + Sales Q&A</a></li> <li id="menu-item-372298" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel design-construction-qa"><a href="https://commercialobserver.com/videos/design-construction/" class="">Design + Construction Q&A</a></li> <li id="menu-item-355471" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel on-demand-events"><a href="https://commercialobserver.com/videos/on-demand/" class="">On-Demand Events</a></li> <li id="menu-item-321338" class="menu-item menu-item-type-taxonomy menu-item-object-video_channel all-videos"><a href="https://commercialobserver.com/videos/commercial-observer-video/" class="">All Videos</a></li> </ul></div> </li> <li id="menu-item-350970" class="menu-item menu-item-type-post_type_archive menu-item-object-print_issue weekly-issue"><a href="https://commercialobserver.com/magazine/" class="">Weekly Issue</a></li> <li id="menu-item-321116" class="menu-item menu-item-type-post_type_archive menu-item-object-event events"><a href="https://commercialobserver.com/events/" class="">Events</a></li> <li id="menu-item-440224" class="menu-item menu-item-type-custom menu-item-object-custom power-series"><a href="/commercial-observer-power-series/" class="">Power Series</a></li> <li id="menu-item-316219" class="menu-item menu-item-type-custom menu-item-object-custom advertise"><a href="/advertise" class="">Advertise</a></li> <li id="menu-item-316220" class="menu-item menu-item-type-custom menu-item-object-custom contact"><a href="/contact" class="">Contact</a></li> <li id="menu-item-326927" class="menu-item menu-item-type-custom menu-item-object-custom reprints"><a target="_blank" rel="noopener" href="http://www.commercialobserverreprints.com/" class="">Reprints</a></li> <li id="menu-item-393008" class="menu-item menu-item-type-post_type menu-item-object-page newsletters"><a href="https://commercialobserver.com/newsletters/" class="">Newsletters</a></li> </ul></nav><nav class="menu-flyout-features-container" aria-label="Featured menu"><ul id="menu-flyout-features" class="menu"><li id="menu-item-263428" class="menu-item menu-item-type-custom menu-item-object-custom power-finance"><a href="https://commercialobserver.com/power-series/2024-power-finance/" class="">Power Finance</a></li> <li id="menu-item-263172" class="menu-item menu-item-type-custom menu-item-object-custom current-menu-item power-100"><a href="https://commercialobserver.com/power-series/power-100-2023/" class="">Power 100</a></li> <li id="menu-item-263174" class="menu-item menu-item-type-custom menu-item-object-custom owners-magazine"><a href="https://commercialobserver.com/power-series/owners-magazine-2023/" class="">Owners Magazine</a></li> </ul></nav> <div class="flyout-subscribe"> <div class="piano-account-management"> <span class="piano-account-inactive-container management-block"> <a href="javascript:void(0);" class="account-button piano-login-button" data-slimstat="5">Log In</a> <a href="https://commercialobserver.com/membership/" class="account-button" data-slimstat="5">Sign Up</a> </span> <span class="piano-account-active-container management-block account-container"> <a class="account-button" href="https://commercialobserver.com/account/">My Account</a> <a href="javascript:void(0);" class="account-button piano-logout-button" data-slimstat="5">Log Out</a> <div class="account-dropdown"> <ul> <li> <a href="https://commercialobserver.com/account/" class="account-dropdown-link">Account Details</a> </li> <li> <a href="https://commercialobserver.com/account/email-preferences/" class="account-dropdown-link">Email Preferences</a> </li> <li> <a href="https://commercialobserver.com/membership-faqs/" class="account-dropdown-link">Member FAQs</a> </li> <li> <a href="javascript:void(0);" class="account-dropdown-link piano-logout-button">Logout</a> </li> </ul> </div> </span> </div> <ul class="social-icons large share-buttons" aria-label="Social Networks"> <li class="facebook"> <a class="twitter" target="_blank" href="https://twitter.com/commobserver" aria-label="Find Commercial Observer on Twitter"> <svg class="social-icon"><use xlink:href="#icon-twitter"></use></svg> </a> </li> <li class="facebook"> <a target="_blank" href="https://www.facebook.com/commobserver" aria-label="Find Commercial Observer on Facebook"> <svg class="social-icon"><use xlink:href="#icon-facebook"></use></svg> </a> </li> <li class="linkedin"> <a target="_blank" href="http://www.linkedin.com/company/commercialobserver" aria-label="Find Commercial Observer on LinkedIn"> <svg class="social-icon"><use xlink:href="#icon-linkedin"></use></svg> </a> </li> </nav> <p class="disclaimer"> © 2024 Observer Media · <a href="https://commercialobserver.com/terms/">Terms</a> · <a href="https://commercialobserver.com/privacy/">Privacy</a> </p> </div> </div> </div> </div> <div id="content" class="site-content"> <div id="spacer" class="spacer"></div> <script type="text/javascript"> window.powerList = { canonical: "https:\/\/commercialobserver.com\/power-series\/power-100-2023\/", typeaheadSource: [{"name":"Jamie Dimon, JP Morgan Chase","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jamie-dimon\/"},{"name":"Jerome Powell, the Federal Reserve","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jerome-powell\/"},{"name":"Ken Caplan and Kathleen McCarthy, Blackstone","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/ken-caplan-and-kathleen-mccarthy\/"},{"name":"Barry Sternlicht, Starwood Capital Group and Starwood Property Trust\u00a0","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/barry-sternlicht\/"},{"name":"Scott Rechler, RXR","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/scott-rechler\/"},{"name":"Hamid R. Moghadam, Prologis","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/hamid-r-moghadam\/"},{"name":"Stephen Ross, Jeff Blau and Bruce Beal, Related Companies","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/stephen-ross-jeff-blau-and-bruce-beal\/"},{"name":"Ben Brown, Brookfield's Real Estate Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/ben-brown-2\/"},{"name":"Marc Holliday and Andrew Mathias, SL Green Realty","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/marc-holliday-and-andrew-mathias\/"},{"name":"Bob Faith, Greystar Real Estate Partners ","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/bob-faith\/"},{"name":"Sam Zell and Mark Parrell, Equity Residential","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/sam-zell-and-mark-parrell\/"},{"name":"Mary Ann Tighe, CBRE","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/mary-ann-tighe\/"},{"name":"Barry Gosin, Jimmy Kuhn and David Falk, Newmark","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/barry-gosin-jimmy-kuhn-and-david-falk\/"},{"name":"Douglas Harmon and Adam Spies, Newmark","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/douglas-harmon-and-adam-spies\/"},{"name":"Bruce Mosler and Toby Dodd, Cushman & Wakefield","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/bruce-mosler-and-toby-dodd\/"},{"name":"Peter Riguardi, JLL","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/peter-riguardi\/"},{"name":"Matt Kelly, JBG SMITH","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/matt-kelly\/"},{"name":"Michael Hackman, Hackman Capital Partners ","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/michael-hackman\/"},{"name":"Rob Speyer, Tishman Speyer","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/rob-speyer\/"},{"name":"Kenneth Bacon and Shankh Mitra, Welltower","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/kenneth-bacon-and-shankh-mitra\/"},{"name":"David Levinson and Robert Lapidus, L&L Holding Company","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/david-levinson-and-robert-lapidus\/"},{"name":"Laura Hines-Pierce, Sarah Hawkins, Jason Alderman, Hines","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/laura-hines-pierce-sarah-hawkins-jason-alderman\/"},{"name":"Steven Roth, Vornado Realty Trust","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/steven-roth\/"},{"name":"Dallas Tanner and Charles Young, Invitation Homes","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/dallas-tanner-and-charles-young\/"},{"name":"Darcy Stacom and William Shanahan, CBRE","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/darcy-stacom-and-william-shanahan\/"},{"name":"Will Silverman and Gary Phillips, Eastdil Secured","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/will-silverman-and-gary-phillips\/"},{"name":"Owen Thomas and Douglas Linde, Boston Properties\u00a0","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/owen-thomas-and-douglas-linde\/"},{"name":"Douglas Durst and Jonathan \u201cJody\u201d Durst, Durst Organization","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/douglas-durst-and-jonathan-jody-durst\/"},{"name":"Larry Silverstein and Marty Burger, Silverstein Properties","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/larry-silverstein-and-marty-burger\/"},{"name":"William, Eric, Samantha and Michael Rudin, Rudin Management Company","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/william-eric-samantha-and-michael-rudin\/"},{"name":"Kenneth Griffin, Citadel","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/kenneth-griffin\/"},{"name":"Gary Barnett, Extell Development Company","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/gary-barnett\/"},{"name":"Charles Bendit, Paul Pariser, Chris Balestra and Colleen Wenke, Taconic Partners","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/charles-bendit-paul-pariser-chris-balestra-and-colleen-wenke\/"},{"name":"Allison Wolfe and Chad Remis, Oxford Properties Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/allison-wolfe-and-chad-remis\/"},{"name":"Gary Berman, Tricon Residential","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/gary-berman\/"},{"name":"Jeffrey Gural, Eric Gural and Brian Steinwurtzel, GFP Real Estate","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jeffrey-gural-eric-gural-and-brian-steinwurtzel-2\/"},{"name":"Anthony Malkin and Christina Chiu, Empire State Realty Trust","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/anthony-malkin-and-christina-chiu\/"},{"name":"Joel Marcus and John Cunningham, Alexandria Real Estate Equities ","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/joel-marcus-and-john-cunningham\/"},{"name":"Donald Bren, The Irvine Company ","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/donald-bren\/"},{"name":"Mike Sales, Carly Tripp and Nadir Settles, Nuveen Real Estate","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/mike-sales-carly-tripp-and-nadir-settles\/"},{"name":"Laurent Morali and Nicole Meyer, Kushner Companies","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/laurent-morali-and-nicole-meyer\/"},{"name":"Don Peebles, Peebles Corporation","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/don-peebles\/"},{"name":"Lisa Gomez and David Dishy","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/lisa-gomez-and-david-dishy\/"},{"name":"Ralph Rosenberg, KKR Real Estate","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/ralph-rosenberg\/"},{"name":"Stephen Siegel and Scott Gottlieb, CBRE","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/stephen-siegel-and-scott-gottlieb\/"},{"name":"David Martin, Terra","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/david-martin\/"},{"name":"Ronald Dickerman, Madison International Realty","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/ronald-dickerman-2\/"},{"name":"Sonny Kalsi and Amy Price, BentallGreenOak","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/sonny-kalsi-and-amy-price\/"},{"name":"Thomas and Frederick Elghanayan, TF Cornerstone","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/thomas-and-frederick-elghanayan\/"},{"name":"MaryAnne Gilmartin, MAG Partners","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/maryanne-gilmartin\/"},{"name":"Monty Hoffman, Hoffman & Associates","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/monty-hoffman\/"},{"name":"Adam Sichol, Jamie Peschel and Jessica Brock, Longfellow Real Estate Partners ","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/adam-sichol-jamie-peschel-and-jessica-brock\/"},{"name":"Sherry Wang, Goldman Sachs Urban Investment Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/sherry-wang\/"},{"name":"Adam Flatto, Georgetown Company","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/adam-flatto\/"},{"name":"Miki Naftali, Naftali Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/miki-naftali\/"},{"name":"Ben Weprin, Adventurous Journeys (AJ) Capital Partners","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/ben-weprin\/"},{"name":"David O\u2019Reilly and Jay Cross, Howard Hughes Corporation","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/david-oreilly-and-jay-cross\/"},{"name":"Jorge Per\u00e9z, Jon Paul Per\u00e9z and Nick Per\u00e9z, Related Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jorge-perez-jon-paul-perez-and-nick-perez\/"},{"name":"Jeffrey Soffer and Brett Mufson, Fontainebleau Development ","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jeffrey-soffer-and-brett-mufson\/"},{"name":"Mitchell Hochberg and David Lichtenstein, Lightstone Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/mitchell-hochberg-and-david-lichtenstein\/"},{"name":"Douglas Eisenberg and Maggie Brunn, A&E Real Estate","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/douglas-eisenberg-and-maggie-brunn\/"},{"name":"David Goldstein, Mitti Liebersohn and Janet Woods, Savills","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/david-goldstein-mitti-liebersohn-and-janet-woods\/"},{"name":"Brendan Wallace and Brad Greiwe, Fifth Wall Ventures","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/brendan-wallace-and-brad-greiwe\/"},{"name":"Andrew Farkas, Island Capital Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/andrew-farkas\/"},{"name":"Joseph Moinian, Moinian Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/joseph-moinian\/"},{"name":"Joseph Sitt and Melissa Gliatta, Thor Equities","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/joseph-sitt-and-melissa-gliatta\/"},{"name":"Christopher Schlank and Nicholas Bienstock, Savanna","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/christopher-schlank-and-nicholas-bienstock\/"},{"name":"Linda Foggie, Citigroup","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/linda-foggie\/"},{"name":"Meredith Marshall and Geoff Flournoy, BRP Companies","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/meredith-marshall-and-geoff-flournoy\/"},{"name":"Dev Motwani and Nitin Motwani, Merrimac Ventures","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/dev-motwani-and-nitin-motwani\/"},{"name":"Nathan Berman, Metro Loft","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/nathan-berman\/"},{"name":"Josh Zegen, Brian Shatz and Adam Tantleff, Madison Realty Capital","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/josh-zegen-brian-shatz-and-adam-tantleff\/"},{"name":"David Simon, Simon Property Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/david-simon\/"},{"name":"Matthew Bronfman and Michael Phillips, Jamestown Properties","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/matthew-bronfman-and-michael-phillips\/"},{"name":"David Amsterdam, Colliers","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/david-amsterdam\/"},{"name":"Jordan Slone and Richard Litton, Harbor Group International","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jordan-slone-and-richard-litton\/"},{"name":"Michael Shvo, Shvo","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/michael-shvo-2\/"},{"name":"Holly Sullivan and John Schoettler, Amazon","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/holly-sullivan-and-john-schoettler\/"},{"name":"Kenneth and Winston Fisher, Fisher Brothers","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/kenneth-and-winston-fisher\/"},{"name":"Mark Scheinberg, Mohari Hospitality","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/mark-sheinberg\/"},{"name":"Glen Kunofsky and Nicoletti DePaul, NNN Pro Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/glen-kunofsky-and-nicoletti-depaul\/"},{"name":"Cedric Bobo, Project Destined","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/cedric-bobo\/"},{"name":"Jay Sugarman, Safehold (iStar)","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jay-sugarman\/"},{"name":"James Nelson, Avison Young","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/james-nelson\/"},{"name":"Gary LaBarbera, Greater New York and New York State Building and Construction Trades Council","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/gary-labarbera\/"},{"name":"Joseph Chetrit and Meyer Chetrit, Chetrit Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/joseph-chetrit-and-meyer-chetrit\/"},{"name":"James Whelan and Jed Walentas, Real Estate Board of New York","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/james-whelan-and-jed-walentas\/"},{"name":"Robert Morse, Jonathan Slager, Dean Allara and Adam O\u2019Farrell, Bridge Investment Group","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/robert-morse-jonathan-slager-dean-allara-and-adam-ofarrell\/"},{"name":"Jeffrey Levine, Douglaston Development","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jeffrey-levine-4\/"},{"name":"Fiona Cousins, Arup","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/fiona-cousins\/"},{"name":"Bob Knakal, JLL","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/bob-knakal\/"},{"name":"Shimon Shkury, Ariel Property Advisors","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/shimon-shkury\/"},{"name":"Jonathan L. Mechanic and Melanie Meyers, Fried Frank\u2019s Real Estate Department","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jonathan-l-mechanic-and-melanie-meyers\/"},{"name":"Leslie Himmel and Stephen Meringoff, Himmel + Meringoff Properties","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/leslie-himmel-and-stephen-meringoff\/"},{"name":"Onay Payne\u00a0, Lafayette Square","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/onay-payne\/"},{"name":"Sonia Kaur Bain, Blank Rome LLP","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/sonia-kaur-bain\/"},{"name":"David Adjaye, Adjaye Associates","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/david-adjaye\/"},{"name":"Manny Pastreich, SEIU Local 32BJ","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/manny-pastreich\/"},{"name":"Jay-Z, Roc Nation","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/jay-z\/"},{"name":"Andy Florance, CoStar","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/andy-florance\/"},{"name":"Robin Carnahan, the GSA","link":"https:\/\/commercialobserver.com\/power-series\/power-100-2023\/player\/robin-carnahan\/"}], }; </script> <style type="text/css"> html { font-size: 10px; } </style> <!--hcpl leaderboard --> <div class="hcpl-100"> <header class="hcpl-header"> <div class="hcpl-header-inner"> <div class="hcpl-header-info"> <ul class="hcpl-lists"> <li class="hcpl-list"><a href="https://commercialobserver.com/power-series/power-100-2024/">2024</a></li><li class="hcpl-list active">2023</li><li class="hcpl-list"><a href="https://commercialobserver.com/power-series/power-100-2022/">2022</a></li><li class="hcpl-list"><a href="https://commercialobserver.com/power-series/2021-power-100/">2021</a></li><li class="hcpl-list"><a href="https://commercialobserver.com/power-series/2020-power-100/">2020</a></li><li class="hcpl-list"><a href="https://commercialobserver.com/2019/04/the-power-100-2019/">2019</a></li><li class="hcpl-list"><a href="https://commercialobserver.com/2018/04/the-power-100-2018/">2018</a></li><li class="hcpl-list"><a href="https://commercialobserver.com/2017/04/the-power-100/">2017</a></li><li class="hcpl-list"><a href="https://commercialobserver.com/2016/04/power-100-3/">2016</a></li><li class="hcpl-list"><a href="https://commercialobserver.com/2015/04/power-100-2/">2015</a></li> </ul> <div class="hcpl-title hcpl-title-wide"> <h1 class="hcpl-h1"> <img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/W_Long_Logo.png" alt="Power 100 2023"/> </h1> <h2 class="hcpl-h2">It’s more difficult than ever to understand power in a post-COVID world</h2> </div> <div class="hcpl-meta"> <span class="hcpl-author">By <a href="https://commercialobserver.com/author/the-editors/" title="Posts by The Editors" class="author url fn" rel="author">The Editors</a></span> <span>May 16, 2023 7:00 AM</span> <div class="hcpl-share"> <div id="story-sharing-before-content" class="story-sharing-before-content addthis_sharing_toolbox addthis_default_style" data-url="" data-title="Power 100 2023"> </div> </div> </div> </div> <div class="hcpl-video"> <div class="hcpl-video-wrapper"> <div id='jwppp-video-box-4449371' class='jwppp-video-box' data-video='1' style="margin: 1rem 0;"> <span class="jwppp-instant" style="display: none;" data-video="https://commercialobserver.com/?jwp-instant-articles=1&player=JbLDKTXE&mediaID=fEUQq7W9" data-width="480" data-height="270"></span><div id='jwppp-video-4449371' class='jwplayer'>Loading the player...</div> <script type="text/javascript" src="https://content.jwplatform.com/libraries/JbLDKTXE.js"></script><script type='text/javascript'> var playerInstance_4449371 = jwplayer( "jwppp-video-4449371" ); playerInstance_4449371.setup({ playlist: "https://cdn.jwplayer.com/v2/media/fEUQq7W9", advertising: {}, }) </script></div> </div> </div> <div class="hcpl-description"> <div class="hcpl-description-inner"> <p><span style="font-weight: 400">We can’t all be Logan Roy.</span></p> <p><span style="font-weight: 400">While Logan’s power — stemming from the alliances, betrayals, and family psychodrama worthy of a series of sessions with Sigmund Freud — makes for great TV via HBO’s “Succession,” power means something different to most of the names on this year’s Power 100.</span></p><div class="co-paywalled-content"> <p><span style="font-weight: 400">We imagine that many of these people are also aware of the sacrifices of power and its duller, less glamorous labor.</span></p> <p><span style="font-weight: 400">Last week, the proudest, richest and most consequential people on Power 100 no doubt felt a twinge of humility when the federal government officially ended COVID-19’s classification as a national emergency. 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" for="member">Search by name or company</label> <input class="query-field" type="text" name="member" placeholder="Search by name or company" value=""/> <button type="submit" aria-label="Submit search form"> <svg aria-labelledby="searchButton" width="20" height="20" viewBox="0 0 20 20" fill="none" xmlns="http://www.w3.org/2000/svg"> <title id="searchButton">Submit search</title> <path d="M14.92 12.82L20 17.92L17.9 20.02L12.82 14.94C11.4067 15.9 9.86 16.38 8.18 16.38C5.92667 16.38 4 15.58 2.4 13.98C0.8 12.38 0 10.4534 0 8.20002C0 5.94668 0.8 4.02002 2.4 2.42002C4 0.820019 5.92667 0.0200195 8.18 0.0200195C10.4333 0.0200195 12.36 0.820019 13.96 2.42002C15.56 4.02002 16.36 5.94668 16.36 8.20002C16.36 9.89335 15.88 11.4333 14.92 12.82ZM13.62 8.20002C13.62 6.69335 13.09 5.40668 12.03 4.34002C10.97 3.27335 9.68667 2.74002 8.18 2.74002C6.67333 2.74002 5.38667 3.27335 4.32 4.34002C3.25333 5.40668 2.72 6.69335 2.72 8.20002C2.72 9.70668 3.25333 10.99 4.32 12.05C5.38667 13.11 6.67333 13.64 8.18 13.64C9.68667 13.64 10.97 13.11 12.03 12.05C13.09 10.99 13.62 9.70668 13.62 8.20002Z" fill="black"/> </svg> </button> </form> </div> <div class="hcpl-filter" style="display: none;"> <span class="filter">Filter by:</span> <select id="industryRoles"> <option value="all">Industry Role</option> <option value="598357052">Advisory Firm</option><option value="598357053">Alternative Lender</option><option value="598357002">Design + Construction</option><option value="598356962">Finance</option><option value="598381048">Government Agency</option><option value="598357056">Hybrid</option><option value="598357003">Investor</option><option value="598357004">Law</option><option value="598357005">Leasing & Sales Brokerage</option><option value="598357006">Other</option><option value="598357007">Owner/Developer</option><option value="598357008">Tenant</option> </select> <span class="filter-button" id="gainers">Biggest Gainers</span> <span class="filter-button" id="newcomers">Newcomers</span> </div> <div class="hcpl-members-list"> <div class="hcpl-member-list" data-newcomer="true" data-gainer="false" data-industry-role=""> <div class="hcpl-ranking"> <span class="rank">1</span> <span class="change"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number"></span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/jamie-dimon/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/1-JPMorgan-Chase-Jamie-Dimon.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/jamie-dimon/">Jamie Dimon</a></h2> <h3 class="hcpl-h5">JP Morgan Chase</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="true" data-gainer="false" data-industry-role=""> <div class="hcpl-ranking"> <span class="rank">2</span> <span class="change"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number"></span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/jerome-powell/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/2-Jerome-Powell.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/jerome-powell/">Jerome Powell</a></h2> <h3 class="hcpl-h5">the Federal Reserve</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role=""> <div class="hcpl-ranking"> <span class="rank">3</span> <span class="change down"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">-2</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/ken-caplan-and-kathleen-mccarthy/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/3-Blackstone-McCarthy-and-Caplan.jpg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/ken-caplan-and-kathleen-mccarthy/">Kathleen McCarthy and Ken Caplan</a></h2> <h3 class="hcpl-h5">Blackstone</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="true" data-industry-role="598357056"> <div class="hcpl-ranking"> <span class="rank">4</span> <span class="change up"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">+23</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/barry-sternlicht/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/4-Starwood-Barry-Sternlicht-new.jpg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/barry-sternlicht/">Barry Sternlicht</a></h2> <h3 class="hcpl-h5">Starwood Capital Group and Starwood Property Trust </h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357007"> <div class="hcpl-ranking"> <span class="rank">5</span> <span class="change down"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">-1</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/scott-rechler/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/5-RXR-Scott-Rechler.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/scott-rechler/">Scott Rechler</a></h2> <h3 class="hcpl-h5">RXR</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357007"> <div class="hcpl-ranking"> <span class="rank">6</span> <span class="change down"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">-1</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/hamid-r-moghadam/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2020/07/6-Prologis-Hamid-Moghadam.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/hamid-r-moghadam/">Hamid Moghadam</a></h2> <h3 class="hcpl-h5">Prologis</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357007"> <div class="hcpl-ranking"> <span class="rank">7</span> <span class="change up"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">+4</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/stephen-ross-jeff-blau-and-bruce-beal/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/7-Related-Companies-Ross-Blau-Beal.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/stephen-ross-jeff-blau-and-bruce-beal/">Stephen Ross, Jeff Blau and Bruce Beal</a></h2> <h3 class="hcpl-h5">Related Companies</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357007"> <div class="hcpl-ranking"> <span class="rank">8</span> <span class="change down"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">-5</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/ben-brown-2/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/11/8-Brookfield-Ben-Brown.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/ben-brown-2/">Ben Brown</a></h2> <h3 class="hcpl-h5">Brookfield's Real Estate Group</h3> </div> </div> <!--hcpl instream --> <section> <!-- Hashtag Labs Ad commercialobserver_powerlist_landing_middle --> <div class="ad-wrapper ad-hcpl ad-has-disclaimer hcpl-instream-ad htlad-commercialobserver_powerlist_landing_middle" id="commercialobserver_powerlist_landing_middle"></div> </section> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357007"> <div class="hcpl-ranking"> <span class="rank">9</span> <span class="change down"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">-7</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/marc-holliday-and-andrew-mathias/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/9-SL-Green-Holliday-and-Mathias.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/marc-holliday-and-andrew-mathias/">Marc Holliday and Andrew Mathias</a></h2> <h3 class="hcpl-h5">SL Green Realty</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="true" data-industry-role="598357007"> <div class="hcpl-ranking"> <span class="rank">10</span> <span class="change up"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">+18</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/bob-faith/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/10-Greystar-Bob-Faith.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/bob-faith/">Bob Faith</a></h2> <h3 class="hcpl-h5">Greystar Real Estate Partners </h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357007"> <div class="hcpl-ranking"> <span class="rank">11</span> <span class="change"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number"></span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/sam-zell-and-mark-parrell/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2020/07/11-Equity-Residential-Zell-and-Parrell.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/sam-zell-and-mark-parrell/">Sam Zell and Mark Parrell</a></h2> <h3 class="hcpl-h5">Equity Residential</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357005"> <div class="hcpl-ranking"> <span class="rank">12</span> <span class="change up"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">+3</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/mary-ann-tighe/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/12-CBRE-Mary-Ann-Tighe.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/mary-ann-tighe/">Mary Ann Tighe</a></h2> <h3 class="hcpl-h5">CBRE</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357005"> <div class="hcpl-ranking"> <span class="rank">13</span> <span class="change up"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">+5</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/barry-gosin-jimmy-kuhn-and-david-falk/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/13-Newmark-Gosin-Kuhn-Falk.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/barry-gosin-jimmy-kuhn-and-david-falk/">Barry Gosin, Jimmy Kuhn and David Falk</a></h2> <h3 class="hcpl-h5">Newmark</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357005"> <div class="hcpl-ranking"> <span class="rank">14</span> <span class="change up"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">+5</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/douglas-harmon-and-adam-spies/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2020/07/14-Newmark-Harmon-and-Spies.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/douglas-harmon-and-adam-spies/">Douglas Harmon and Adam Spies</a></h2> <h3 class="hcpl-h5">Newmark</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="true" data-industry-role="598357005"> <div class="hcpl-ranking"> <span class="rank">15</span> <span class="change up"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">+22</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/bruce-mosler-and-toby-dodd/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/15-Cushman-Wakefield-Mosler-and-Dodd.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/bruce-mosler-and-toby-dodd/">Bruce Mosler and Toby Dodd</a></h2> <h3 class="hcpl-h5">Cushman & Wakefield</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357005"> <div class="hcpl-ranking"> <span class="rank">16</span> <span class="change"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number"></span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/peter-riguardi/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/16-JLL-Peter-Riguardi.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/peter-riguardi/">Peter Riguardi</a></h2> <h3 class="hcpl-h5">JLL</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="true" data-industry-role="598357007"> <div class="hcpl-ranking"> <span class="rank">17</span> <span class="change up"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">+55</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/matt-kelly/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/05/17-JBG-Smith-Matt-Kelly.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/matt-kelly/">Matt Kelly</a></h2> <h3 class="hcpl-h5">JBG SMITH</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="true" data-industry-role="598357008"> <div class="hcpl-ranking"> <span class="rank">18</span> <span class="change up"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">+17</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/michael-hackman/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/09/18-Hackman-Capital-Michael-Hackman.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/michael-hackman/">Michael Hackman</a></h2> <h3 class="hcpl-h5">Hackman Capital Partners </h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357007"> <div class="hcpl-ranking"> <span class="rank">19</span> <span class="change down"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number">-12</span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/rob-speyer/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/19-Tishman-Speyer-Rob-Speyer.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/rob-speyer/">Rob Speyer</a></h2> <h3 class="hcpl-h5">Tishman Speyer</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="true" data-gainer="false" data-industry-role=""> <div class="hcpl-ranking"> <span class="rank">20</span> <span class="change"> <svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0.666626 6.00002L1.60663 6.94002L5.33329 3.22002V11.3334H6.66663V3.22002L10.3866 6.94669L11.3333 6.00002L5.99996 0.666687L0.666626 6.00002Z" /> </svg> <span class="change-number"></span> </span> </div> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-100-2023/player/kenneth-bacon-and-shankh-mitra/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/20-Welltower-Bacon-and-Mitra.jpeg?quality=80&w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-100-2023/player/kenneth-bacon-and-shankh-mitra/">Kenneth Bacon and Shankh Mitra</a></h2> <h3 class="hcpl-h5">Welltower</h3> </div> </div> </div> <div class="hcpl-pagination"> <a href="https://commercialobserver.com/power-series/power-100-2023/#member-list" class="previous nav-button inactive"><svg 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> <span>Previous</span></a> <a href="https://commercialobserver.com/power-series/power-100-2023/#member-list" class="page-number current" aria-label="page-1">1</a> <a href="https://commercialobserver.com/power-series/power-100-2023/member-page/2/#member-list" class="page-number " aria-label="page-2"> 2 </a> <a href="https://commercialobserver.com/power-series/power-100-2023/member-page/3/#member-list" class="page-number " aria-label="page-3"> 3 </a> <a href="https://commercialobserver.com/power-series/power-100-2023/member-page/4/#member-list" class="page-number " aria-label="page-4"> 4 </a> <a href="https://commercialobserver.com/power-series/power-100-2023/member-page/5/#member-list" class="page-number " aria-label="page-5"> 5 </a> <a href="https://commercialobserver.com/power-series/power-100-2023/member-page/6/#member-list" class="page-number " aria-label="page-6"> 6 </a> <a href="https://commercialobserver.com/power-series/power-100-2023/member-page/2/#member-list" class="next nav-button "><span>Next</span><svg 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&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, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_welcomeopener_2023-copy_WEB.jpg?resize=300,222 300w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_welcomeopener_2023-copy_WEB.jpg?resize=768,568 768w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_welcomeopener_2023-copy_WEB.jpg?resize=615,455 615w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_welcomeopener_2023-copy_WEB.jpg?resize=1200,887 1200w" sizes="(max-width: 640px) 100vw, 640px" /> </div> <div class="card-text"> <div class="channel"> <span>Features</span> </div> <div class="divider"></div> <div class="market">National </div> <h3 style="overflow: hidden; text-overflow: ellipsis; -webkit-box-orient: vertical; display: -webkit-box; -webkit-line-clamp: 4;">Welcome to Power 100, 2023</h3> <h6 class="byline"><span>By</span> Max Gross</h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card"> <a href="https://commercialobserver.com/2023/05/who-moved-up-the-most-on-power-100/" 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="590" src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_jumps_2023-copy_WEB.jpg?quality=80&w=640" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_jumps_2023-copy_WEB.jpg 1500w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_jumps_2023-copy_WEB.jpg?resize=150,138 150w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_jumps_2023-copy_WEB.jpg?resize=300,277 300w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_jumps_2023-copy_WEB.jpg?resize=768,708 768w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_jumps_2023-copy_WEB.jpg?resize=615,567 615w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_jumps_2023-copy_WEB.jpg?resize=1200,1106 1200w" sizes="(max-width: 640px) 100vw, 640px" /> </div> <div class="card-text"> <div class="channel"> <span>Features</span> </div> <div class="divider"></div> <div class="market">National </div> <h3 style="overflow: hidden; text-overflow: ellipsis; -webkit-box-orient: vertical; display: -webkit-box; -webkit-line-clamp: 4;">Who Moved Up the Most on Power 100?</h3> <h6 class="byline"><span>By</span> Max Gross</h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card"> <a href="https://commercialobserver.com/2023/05/office-suffered-on-power-100-2023-heres-who-took-its-place/" 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="465" src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_office_2023-copy_WEB.jpg?quality=80&w=640" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Office takes a hit." decoding="async" srcset="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_office_2023-copy_WEB.jpg 1500w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_office_2023-copy_WEB.jpg?resize=150,109 150w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_office_2023-copy_WEB.jpg?resize=300,218 300w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_office_2023-copy_WEB.jpg?resize=768,559 768w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_office_2023-copy_WEB.jpg?resize=615,447 615w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_office_2023-copy_WEB.jpg?resize=1200,873 1200w" sizes="(max-width: 640px) 100vw, 640px" /> </div> <div class="card-text"> <div class="channel"> <span>Features</span> </div> <div class="divider"></div> <div class="market">National </div> <h3 style="overflow: hidden; text-overflow: ellipsis; -webkit-box-orient: vertical; display: -webkit-box; -webkit-line-clamp: 4;">Office Suffered on Power 100 2023. Here’s Who Took Its Place.</h3> <h6 class="byline"><span>By</span> Max Gross</h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card"> <a href="https://commercialobserver.com/2023/05/in-memoriam-the-commercial-real-estate-notables-who-died-in-the-past-year/" 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="602" src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/obit-collage.jpg?quality=80&w=640" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/obit-collage.jpg 3264w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/obit-collage.jpg?resize=150,141 150w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/obit-collage.jpg?resize=300,282 300w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/obit-collage.jpg?resize=768,722 768w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/obit-collage.jpg?resize=615,578 615w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/obit-collage.jpg?resize=1536,1445 1536w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/obit-collage.jpg?resize=2048,1926 2048w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/obit-collage.jpg?resize=1200,1129 1200w" sizes="(max-width: 640px) 100vw, 640px" /> </div> <div class="card-text"> <div class="channel"> <span>Features</span> </div> <div class="divider"></div> <div class="market">National </div> <h3 style="overflow: hidden; text-overflow: ellipsis; -webkit-box-orient: vertical; display: -webkit-box; -webkit-line-clamp: 4;">In Memoriam: The Commercial Real Estate Notables Who Died in the Past Year</h3> <h6 class="byline"><span>By</span> Larry Getlen</h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card"> <a href="https://commercialobserver.com/2023/05/in-the-office-the-politicians-shaping-or-trying-to-shape-cre-related-policy/" 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="487" src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_politics_2023-copy_WEB.jpg?quality=80&w=640" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_politics_2023-copy_WEB.jpg 1500w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_politics_2023-copy_WEB.jpg?resize=150,114 150w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_politics_2023-copy_WEB.jpg?resize=300,228 300w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_politics_2023-copy_WEB.jpg?resize=768,585 768w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_politics_2023-copy_WEB.jpg?resize=615,468 615w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_politics_2023-copy_WEB.jpg?resize=1200,914 1200w" sizes="(max-width: 640px) 100vw, 640px" /> </div> <div class="card-text"> <div class="channel"> <span>Features</span> </div> <div class="divider"></div> <div class="market">New York City </div> <h3 style="overflow: hidden; text-overflow: ellipsis; -webkit-box-orient: vertical; display: -webkit-box; -webkit-line-clamp: 4;">In the Office: The Politicians Shaping — or Trying to Shape — CRE-Related Policy</h3> <h6 class="byline"><span>By</span> Rebecca Baird-Remba</h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card"> <a href="https://commercialobserver.com/2023/05/the-forces-determining-the-fate-of-flex-office-operators/" 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="475" src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_flex_2023-copy_WEB.jpg?quality=80&w=640" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Flex fail." decoding="async" loading="lazy" srcset="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_flex_2023-copy_WEB.jpg 1500w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_flex_2023-copy_WEB.jpg?resize=150,111 150w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_flex_2023-copy_WEB.jpg?resize=300,223 300w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_flex_2023-copy_WEB.jpg?resize=768,570 768w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_flex_2023-copy_WEB.jpg?resize=615,456 615w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/commercialobserver_flex_2023-copy_WEB.jpg?resize=1200,890 1200w" sizes="(max-width: 640px) 100vw, 640px" /> </div> <div class="card-text"> <div class="channel"> <span>Analysis</span> </div> <div class="divider"></div> <div class="market">National </div> <h3 style="overflow: hidden; text-overflow: ellipsis; -webkit-box-orient: vertical; display: -webkit-box; -webkit-line-clamp: 4;">The Forces Determining the Fate of Flex Office Operators </h3> <h6 class="byline"><span>By</span> Chava Gourarie</h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card"> <a href="https://commercialobserver.com/2023/05/commercial-real-estate-lawyers-2022/" 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="360" src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/GettyImages-1189256905.jpg?quality=80&w=640" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="A gavels sits on a desk of papers." decoding="async" loading="lazy" srcset="https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/GettyImages-1189256905.jpg 1024w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/GettyImages-1189256905.jpg?resize=150,84 150w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/GettyImages-1189256905.jpg?resize=300,169 300w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/GettyImages-1189256905.jpg?resize=768,432 768w, https://commercialobserver.com/wp-content/uploads/sites/3/2023/05/GettyImages-1189256905.jpg?resize=615,346 615w" sizes="(max-width: 640px) 100vw, 640px" /> </div> <div class="card-text"> <div class="channel"> <span>Industry<span> · </span></span><span>Legal</span> </div> <div class="divider"></div> <div class="market">New York City </div> <h3 style="overflow: hidden; text-overflow: ellipsis; -webkit-box-orient: vertical; display: -webkit-box; -webkit-line-clamp: 4;">What Commercial Real Estate’s Top Lawyers Were up to in 2022 </h3> <h6 class="byline"><span>By</span> Celia Young</h6> </div> </a> </div> </div> </div> <div class="hcpl-promos"> <div class="hcpl-piano hcpl-promo-box"> <div class="piano piano--hcpl_sidebar_bottom"></div> </div> <!-- TODO: promo design - waiting on final designs --> <div class="hcpl-promo hcpl-promo-box"> <div class="hcpl-promo-inner"> <div class="hcpl-series-logo" aria-label="Power series logo"> <img src="https://commercialobserver.com/wp-content/plugins/hc-powerlists/public/src/images/pl-series-logo.svg" /> </div> <div class="hcpl-promo-list hcpl-promo-list-text"> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/power-100-2024/" aria-label="Go to Power 100"> Power 100 </a> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/2024-power-finance/" aria-label="Go to Power Finance"> Power Finance </a> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/owners-magazine-2023/" aria-label="Go to Owners Magazine"> Owners Magazine </a> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/2023-lenders/" aria-label="Go to Lenders Magazine"> Lenders Magazine </a> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/power-dc-2023/" aria-label="Go to Power DC"> Power DC </a> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/power-la-2023/" aria-label="Go to Power LA"> Power LA </a> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/2024-power-south-florida/" aria-label="Go to Power South FL"> Power South FL </a> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/power-proptech-2023/" aria-label="Go to Power PropTech"> Power PropTech </a> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/2023-young-professionals/" aria-label="Go to Top Young Professionals"> Top Young Professionals </a> </div> </div> </div> </div> </section> </div> <div class="footer-wrap"> <svg aria-hidden="true" style="position: absolute; width: 0; height: 0; overflow: hidden;" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"> <defs> <symbol id="icon-envelope" viewBox="0 0 28 28"> <path d="M26 23.5v-12c-0.328 0.375-0.688 0.719-1.078 1.031-2.234 1.719-4.484 3.469-6.656 5.281-1.172 0.984-2.625 2.188-4.25 2.188h-0.031c-1.625 0-3.078-1.203-4.25-2.188-2.172-1.813-4.422-3.563-6.656-5.281-0.391-0.313-0.75-0.656-1.078-1.031v12c0 0.266 0.234 0.5 0.5 0.5h23c0.266 0 0.5-0.234 0.5-0.5zM26 7.078c0-0.391 0.094-1.078-0.5-1.078h-23c-0.266 0-0.5 0.234-0.5 0.5 0 1.781 0.891 3.328 2.297 4.438 2.094 1.641 4.188 3.297 6.266 4.953 0.828 0.672 2.328 2.109 3.422 2.109h0.031c1.094 0 2.594-1.437 3.422-2.109 2.078-1.656 4.172-3.313 6.266-4.953 1.016-0.797 2.297-2.531 2.297-3.859zM28 6.5v17c0 1.375-1.125 2.5-2.5 2.5h-23c-1.375 0-2.5-1.125-2.5-2.5v-17c0-1.375 1.125-2.5 2.5-2.5h23c1.375 0 2.5 1.125 2.5 2.5z"></path> </symbol> <symbol id="icon-twitter" viewBox="0 0 512 512"> <path d="M389.2 48h70.6L305.6 224.2 487 464H345L233.7 318.6 106.5 464H35.8L200.7 275.5 26.8 48H172.4L272.9 180.9 389.2 48zM364.4 421.8h39.1L151.1 88h-42L364.4 421.8z"/> </symbol> <symbol id="icon-facebook" viewBox="0 0 16 28"> <path d="M14.984 0.187v4.125h-2.453c-1.922 0-2.281 0.922-2.281 2.25v2.953h4.578l-0.609 4.625h-3.969v11.859h-4.781v-11.859h-3.984v-4.625h3.984v-3.406c0-3.953 2.422-6.109 5.953-6.109 1.687 0 3.141 0.125 3.563 0.187z"></path> </symbol> <symbol id="icon-linkedin" viewBox="0 0 24 28"> <path d="M5.453 9.766v15.484h-5.156v-15.484h5.156zM5.781 4.984c0.016 1.484-1.109 2.672-2.906 2.672v0h-0.031c-1.734 0-2.844-1.188-2.844-2.672 0-1.516 1.156-2.672 2.906-2.672 1.766 0 2.859 1.156 2.875 2.672zM24 16.375v8.875h-5.141v-8.281c0-2.078-0.75-3.5-2.609-3.5-1.422 0-2.266 0.953-2.641 1.875-0.125 0.344-0.172 0.797-0.172 1.266v8.641h-5.141c0.063-14.031 0-15.484 0-15.484h5.141v2.25h-0.031c0.672-1.062 1.891-2.609 4.672-2.609 3.391 0 5.922 2.219 5.922 6.969z"></path> </symbol> <symbol id="icon-instagram" viewBox="0 0 24 28"> <path d="M16 14c0-2.203-1.797-4-4-4s-4 1.797-4 4 1.797 4 4 4 4-1.797 4-4zM18.156 14c0 3.406-2.75 6.156-6.156 6.156s-6.156-2.75-6.156-6.156 2.75-6.156 6.156-6.156 6.156 2.75 6.156 6.156zM19.844 7.594c0 0.797-0.641 1.437-1.437 1.437s-1.437-0.641-1.437-1.437 0.641-1.437 1.437-1.437 1.437 0.641 1.437 1.437zM12 4.156c-1.75 0-5.5-0.141-7.078 0.484-0.547 0.219-0.953 0.484-1.375 0.906s-0.688 0.828-0.906 1.375c-0.625 1.578-0.484 5.328-0.484 7.078s-0.141 5.5 0.484 7.078c0.219 0.547 0.484 0.953 0.906 1.375s0.828 0.688 1.375 0.906c1.578 0.625 5.328 0.484 7.078 0.484s5.5 0.141 7.078-0.484c0.547-0.219 0.953-0.484 1.375-0.906s0.688-0.828 0.906-1.375c0.625-1.578 0.484-5.328 0.484-7.078s0.141-5.5-0.484-7.078c-0.219-0.547-0.484-0.953-0.906-1.375s-0.828-0.688-1.375-0.906c-1.578-0.625-5.328-0.484-7.078-0.484zM24 14c0 1.656 0.016 3.297-0.078 4.953-0.094 1.922-0.531 3.625-1.937 5.031s-3.109 1.844-5.031 1.937c-1.656 0.094-3.297 0.078-4.953 0.078s-3.297 0.016-4.953-0.078c-1.922-0.094-3.625-0.531-5.031-1.937s-1.844-3.109-1.937-5.031c-0.094-1.656-0.078-3.297-0.078-4.953s-0.016-3.297 0.078-4.953c0.094-1.922 0.531-3.625 1.937-5.031s3.109-1.844 5.031-1.937c1.656-0.094 3.297-0.078 4.953-0.078s3.297-0.016 4.953 0.078c1.922 0.094 3.625 0.531 5.031 1.937s1.844 3.109 1.937 5.031c0.094 1.656 0.078 3.297 0.078 4.953z"></path> </symbol> <symbol id="icon-mail" viewBox="0 0 20 20"> <path d="M1.574 5.286c0.488 0.262 7.248 3.894 7.5 4.029s0.578 0.199 0.906 0.199c0.328 0 0.654-0.064 0.906-0.199s7.012-3.767 7.5-4.029c0.489-0.263 0.951-1.286 0.054-1.286h-16.919c-0.897 0-0.435 1.023 0.053 1.286zM18.613 7.489c-0.555 0.289-7.387 3.849-7.727 4.027s-0.578 0.199-0.906 0.199-0.566-0.021-0.906-0.199-7.133-3.739-7.688-4.028c-0.39-0.204-0.386 0.035-0.386 0.219s0 7.293 0 7.293c0 0.42 0.566 1 1 1h16c0.434 0 1-0.58 1-1 0 0 0-7.108 0-7.292s0.004-0.423-0.387-0.219z"></path> </symbol> <symbol id="icon-filled-envelope" viewBox="0 0 14 14"> <path d="M1.23 1.903h11.54c.183 0 .356.043.512.116l-4.5 4.515-.001.001-1.463 1.468c-.156.156-.481.156-.637 0L5.218 6.535l-.001-.001-4.5-4.515a1.21 1.21 0 0 1 .513-.116Zm6.668 6.68 1.173-1.177 4.211 4.225c-.156.072-.33.116-.513.116H1.23a1.22 1.22 0 0 1-.513-.116l4.211-4.225 1.173 1.176c.485.488 1.322.477 1.797 0v.001ZM.131 2.593a1.209 1.209 0 0 0-.131.54v7.383c0 .195.05.377.13.541l4.22-4.232L.13 2.592l.001.001Zm9.52 4.232 4.218-4.233c.082.164.131.346.131.541v7.383c0 .195-.05.377-.13.541L9.65 6.825h.001Z" /> </symbol> </defs> </svg> <div class="piano piano--alert"> <div class="piano--alert-close"></div> <div class="piano--alert-render"></div> </div> <!-- Hashtag Labs Ad commercialobserver_adhesion_mobile --> <div class="ad-wrapper ad-adhesion ad-adhesion-mobile htlad-commercialobserver_adhesion_mobile" id="commercialobserver_adhesion_mobile"></div> <footer class="site-footer"> <hr class="footer-separator"> <div class="footer-menu-wrap"> <nav class="menu-footer-menu-container" aria-label="Footer menu"><ul id="menu-footer-menu" class="menu"><li id="menu-item-316221" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316221"><a href="https://commercialobserver.com/leases/">Leases</a> <ul class="sub-menu"> <li id="menu-item-316222" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316222"><a href="https://commercialobserver.com/leases/industrial/">Industrial Leases</a></li> <li id="menu-item-316224" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316224"><a href="https://commercialobserver.com/leases/retail/">Retail</a></li> <li id="menu-item-316223" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316223"><a href="https://commercialobserver.com/leases/office/">Office Leases</a></li> </ul> </li> <li id="menu-item-316225" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316225"><a href="https://commercialobserver.com/finance/">Finance</a> <ul class="sub-menu"> <li id="menu-item-316226" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316226"><a href="https://commercialobserver.com/finance/acquisition/">Acquisition</a></li> <li id="menu-item-316228" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316228"><a href="https://commercialobserver.com/finance/construction/">Construction</a></li> <li id="menu-item-316227" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316227"><a href="https://commercialobserver.com/finance/cmbs/">CMBS</a></li> <li id="menu-item-378771" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-378771"><a href="https://commercialobserver.com/finance/distress/">Distress</a></li> <li id="menu-item-316229" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316229"><a href="https://commercialobserver.com/finance/refinance/">Refinance</a></li> </ul> </li> <li id="menu-item-316230" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316230"><a href="https://commercialobserver.com/sales/">Investments & Sales</a> <ul class="sub-menu"> <li id="menu-item-316236" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316236"><a href="https://commercialobserver.com/sales/residential/">Residential</a></li> <li id="menu-item-316231" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316231"><a href="https://commercialobserver.com/sales/commercial/">Commercial</a></li> <li id="menu-item-316235" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316235"><a href="https://commercialobserver.com/sales/mixed-use/">Mixed Use</a></li> <li id="menu-item-316234" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316234"><a href="https://commercialobserver.com/sales/land/">Land</a></li> <li id="menu-item-316233" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316233"><a href="https://commercialobserver.com/sales/hotels/">Hotels</a></li> <li id="menu-item-316232" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316232"><a href="https://commercialobserver.com/sales/development-rights/">Development Rights</a></li> </ul> </li> <li id="menu-item-316237" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316237"><a href="https://commercialobserver.com/design-construction/">Design + Construction</a> <ul class="sub-menu"> <li id="menu-item-316238" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316238"><a href="https://commercialobserver.com/design-construction/architecture/">Architecture</a></li> <li id="menu-item-316239" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316239"><a href="https://commercialobserver.com/design-construction/construction/">Construction</a></li> <li id="menu-item-316240" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316240"><a href="https://commercialobserver.com/design-construction/infrastructure/">Infrastructure</a></li> <li id="menu-item-316242" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316242"><a href="https://commercialobserver.com/design-construction/policy/">Policy</a></li> <li id="menu-item-316243" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316243"><a href="https://commercialobserver.com/design-construction/urban-planning/">Urban Planning</a></li> <li id="menu-item-316241" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316241"><a href="https://commercialobserver.com/design-construction/neighborhoods/">Neighborhoods</a></li> </ul> </li> <li id="menu-item-332000" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-332000"><a href="https://commercialobserver.com/technology/">Technology</a></li> <li id="menu-item-316245" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-316245"><a href="https://commercialobserver.com/more/">More</a> <ul class="sub-menu"> <li id="menu-item-316248" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316248"><a href="https://commercialobserver.com/more/features/">Features</a></li> <li id="menu-item-316247" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316247"><a href="https://commercialobserver.com/more/columnists/">Columnists</a></li> <li id="menu-item-316246" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316246"><a href="https://commercialobserver.com/more/analysis/">Analysis</a></li> <li id="menu-item-316252" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316252"><a href="https://commercialobserver.com/more/research/">Research</a></li> <li id="menu-item-316249" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316249"><a href="https://commercialobserver.com/more/industry/">Industry</a></li> <li id="menu-item-316250" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316250"><a href="https://commercialobserver.com/more/legal/">Legal</a></li> <li id="menu-item-316251" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316251"><a href="https://commercialobserver.com/more/players/">Players</a></li> <li id="menu-item-316253" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-316253"><a href="https://commercialobserver.com/more/transportation/">Transportation</a></li> </ul> </li> <li id="menu-item-440225" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-440225"><a href="/impact/">IMPACT</a></li> <li id="menu-item-316254" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-316254"><a href="https://commercialobserver.com/about/">About</a> <ul class="sub-menu"> <li id="menu-item-462828" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-462828"><a href="https://commercialobserver.com/membership/">Membership</a></li> <li id="menu-item-316257" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-316257"><a href="/advertise">Advertise</a></li> <li id="menu-item-388010" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-388010"><a href="https://commercialobserver.com/newsletters/">Newsletters</a></li> <li id="menu-item-316258" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-316258"><a href="/contact">Contact</a></li> <li id="menu-item-326926" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-326926"><a target="_blank" rel="noopener" href="http://www.commercialobserverreprints.com/">Reprints</a></li> </ul> </li> </ul></nav> </div> <div class="footer-magazine-wrap"> <div class="container"> <p>Read the latest edition of the <a href="https://commercialobserver.com/magazine">Commercial Observer</a> online!</p> <a href="https://commercialobserver.com/magazine"> <img src="https://commercialobserver.com/wp-content/uploads/sites/3/2020/08/CO-07-28-2020-footer.jpg?quality=80" width="178" height="204" loading="lazy" decoding="async" alt="July 28th 2020 Magazine Issue Cover" /> </a> </div> </div> <div class="copyright-wrap"> <span>© 2024 Observer Media</span> <a href="https://commercialobserver.com/terms/">Terms</a> <a href="https://commercialobserver.com/privacy/">Privacy</a> <!-- OneTrust Cookies Settings link start --> <a class="ot-sdk-link ot-sdk-show-settings" onClick="return false;" href="#">Cookie Settings</a> <!-- OneTrust Cookies Settings link end --> <!-- OneTrust Do Not Sell link start --> <a class="ot-button" href="https://privacyportal.onetrust.com/webform/8bf444f2-ddd6-41ff-8e24-b69ac0176e05/19c22396-023a-465c-a9c0-d9f831d1d9cd">Do not sell my data</a> <!-- OneTrust Do Not Sell link end --> <a href="https://commercialobserver.com/co-sitemap/">Sitemap</a> </div> </footer> <script id='profitwell-js' data-pw-auth='9fcbc71706e441281b7aa5cb24b9d76d'> var startOptions = {}; function getCookieVal(offset) { var endstr = document.cookie.indexOf (";", offset); if (endstr == -1) { endstr = document.cookie.length; } return unescape(document.cookie.substring(offset, endstr)); } function getCookie(name) { var arg = name + "="; var alen = arg.length; var clen = document.cookie.length; var i = 0; while (i < clen) { var j = i + alen; if (document.cookie.substring(i, j) == arg) { return getCookieVal(j); } i = document.cookie.indexOf(" ", i) + 1; if (i == 0) break; } return ""; } function getProfitwellIDFromPianoCookie() { var cookieID = "hc_piano_login"; var cookieData = getCookie(cookieID); if (!cookieData) { return null; } cookieData = JSON.parse(cookieData); return cookieData.profitwell; } var profitwellID = getProfitwellIDFromPianoCookie(); if (profitwellID) { startOptions.user_id = profitwellID; } // Get UID if any. (function(i,s,o,g,r,a,m){i[o]=i[o]||function(){(i[o].q=i[o].q||[]).push(arguments)}; a=s.createElement(g);m=s.getElementsByTagName(g)[0];a.async=1;a.src=r+'?auth='+ s.getElementById(o+'-js').getAttribute('data-pw-auth');m.parentNode.insertBefore(a,m); })(window,document,'profitwell','script','https://public.profitwell.com/js/profitwell.js'); profitwell('start', startOptions); </script> <script> window.vmg_piano = {"url":"https:\/\/dashboard.tinypass.com\/","url_js":"\/\/cdn.tinypass.com\/api\/tinypass.min.js","sandbox_mode":false,"debug_mode":false,"app_id":"HMNCAvNFta","content":[{"type":"tags","pianoFn":"setTags","key":null,"value":["is_archived","is_premium","article_archive_7_days","article_archive_14_days","article_archive_21_days","article_archive_30_days","article_archive_45_days","article_archive_60_days","tag_power-100-2023"],"scope":"site"},{"type":"date","pianoFn":"setContentCreated","key":null,"value":"2023-05-16T07:00:34+00:00","scope":"site"}],"middleware_host":"https:\/\/concise-reserve-222518.appspot.com"} </script> <script> // Setup Piano/Tinypass // Defined in a way that handles deferred loading of the Piano JS tp = window.tp || []; // Set Piano ID URL tp.push(['setPianoIdUrl', 'https://auth.commercialobserver.com/']); // Set Application ID (different for sandbox) tp.push(["setAid", window.vmg_piano.app_id]); // Is application in sandbox? tp.push(["setSandbox", window.vmg_piano.sandbox_mode == true]); // Does application use Piano ID? tp.push(["setUsePianoIdUserProvider", true]); // Debug mode (not sure what this does, but maybe it triggers extra console.logging?) tp.push(["setDebug", window.vmg_piano.debug_mode == true]); // Support for Third Party Cookies needed for Piano tp.push(['setCloudflareWorkerUrl', 'https://id.commercialobserver.com']); tp.push(['addHandler', 'loginSuccess', function (data) { if (data.source == 'PIANOID') { location.reload(); // this reloads the page after direct login (NOT login inside checkout) } }]); if (window.vmg_piano.content) { window.vmg_piano.content.forEach(function(contentPoint) { if (contentPoint.type == 'custom') { tp.push(['setCustomVariable', contentPoint.key, contentPoint.value]); } else if (contentPoint.type == 'param') { tp.push(['setCustomParam', contentPoint.key, contentPoint.value, contentPoint.scope]); } else { tp.push([contentPoint.pianoFn, contentPoint.value]); } }); } if (window.vmg_piano.debug_mode == true) { console.log('Debug Mode enabled', tp); console.log('WP Details', window.vmg_piano); } // OBM-719 tp.push(["setCxenseSiteId", "1138596495834131570"]); // Update the account management button state/visibility pianoLoginLogoutButtons = function() { if (!document.querySelector('.piano-account-management')) { return; // menu isn't here, nothing for us to do. } var user_logged_in = tp.user.isUserValid(), $active_elements = document.querySelectorAll('.piano-account-active-container'), $inactive_elements = document.querySelectorAll('.piano-account-inactive-container'); for (var i = 0; i < $active_elements.length; i++) { var $el = $active_elements[i]; if (user_logged_in) { $el.classList.add('show-menu'); } else { $el.classList.remove('show-menu'); } } for (var i = 0; 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); </script> <script type="text/javascript" src="https://commercialobserver.com/wp-content/plugins/hc-powerlists/public/dist/js/hc-powerlists.js?m=1701211780g" ></script><script defer type="text/javascript" src="//s7.addthis.com/js/300/addthis_widget.js?ver=20170222#pubid=ra-557b09db2fe14bff" id="addthis-defer-js"></script> <script type="text/javascript" async="async" src="https://widget.commercialobserver.com/beacon.js" id="realgraph-beacon-js"></script> <script type="text/javascript" src="https://commercialobserver.com/wp-content/plugins/observer-block-editor/dist/js/frontend.js?m=1730827836g" ></script><script defer type="text/javascript" src="https://ak.sail-horizon.com/spm/spm.v1.min.js?ver=20170302" id="sailthru-js"></script> <script type="text/javascript" id="unchained-script-js-extra"> /* <![CDATA[ */ var piano_handlers = {"ajaxurl":"https:\/\/commercialobserver.com\/wp-admin\/admin-ajax.php","currentData":null,"nonceURL":"https:\/\/commercialobserver.com\/wp-json\/piano\/nonce","get_newsletter_url":"https:\/\/commercialobserver.com\/wp-json\/piano\/get-email-preferences","update_newsletter_url":"https:\/\/commercialobserver.com\/wp-json\/piano\/update-email-preferences","membershipPageLink":"https:\/\/commercialobserver.com\/membership\/"}; /* ]]> */ </script> <script type="text/javascript" id="piano-sailthru-js-extra"> /* <![CDATA[ */ var piano_sailthru = {"ajaxurl":"https:\/\/commercialobserver.com\/wp-admin\/admin-ajax.php","debug":"","sailthruCustomerID":"a5ea0ac8f0f77f7cd122c826057f84d1","userLists":[],"userListIDs":[],"userVariables":{"franchise_campaign":"newsletter-signup"},"newsletterModuleTitle":"Signup for the Commercial Observer Newsletter","newsletterModuleDescription":"","newsletterModuleCTA":"Submit","newslettersHash":"defaultNewsletter"}; /* ]]> */ </script> <script type="text/javascript" src="https://commercialobserver.com/_static/??-eJyljlEOAiEMBS8kW9xN9Mt4lhWaUIRC2qKJpxePoH6/mcmDZ3fEoYyICllhcETR0ASXSrxkPcAkQmNDNrCEdXLtpigPFDc4pJ0Y40eNpAYahLrp13JtcZS5vnAe0PtPbqedm/u/oDsVSzJm4lovx/O2rv7k/ZbfgwRw6Q==" ></script><script type="text/javascript" src="https://stats.wp.com/e-202448.js" id="jetpack-stats-js" data-wp-strategy="defer"></script> <script type="text/javascript" id="jetpack-stats-js-after"> /* <![CDATA[ */ _stq = window._stq || []; _stq.push([ "view", JSON.parse("{\"v\":\"ext\",\"blog\":\"168797018\",\"post\":\"444937\",\"tz\":\"-5\",\"srv\":\"commercialobserver.com\",\"hp\":\"vip\",\"j\":\"1:14.0\"}") ]); _stq.push([ "clickTrackerInit", "168797018", "444937" ]); /* ]]> */ </script> <!-- Begin comScore Tag --> <script> var _comscore=_comscore||[];_comscore.push({c1:"2",c2:"37161820"}),function(){var c=document.createElement("script"),e=document.getElementsByTagName("script")[0];c.async=!0,c.src="https://sb.scorecardresearch.com/cs/37161820/beacon.js",e.parentNode.insertBefore(c,e)}(); </script> <noscript><img src="https://sb.scorecardresearch.com/p?c1=2&c2=37161820&cv=3.6.0&cj=1" alt=""></noscript> <!-- End comScore Tag --> </body> </html> </div>