Citrin Cooperman: 2023 State of the Real Estate Market (East Coast Edition)

The commercial real estate industry is constantly evolving, but at no time has it faced more disruption than the past three years when the pandemic threw the world into disarray. As we begin to embrace the “new normal,” the industry continues to experience significant changes along with many opportunities that are contributing to a resurgence for the sector. For the second year, The Real Deal and Citrin Cooperman surveyed the commercial real estate market to gain insights into the current state of multifamily, office, hotel/ hospitality, and retail submarkets throughout the east coast. In this report, we offer a snapshot of some of those expectations and share an insider’s perspective on the key issues developers and investors have been grappling with and what they foresee for 2023 while drawing select comparisons with the predictions they had for 2022.

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