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he 16th Annual NYC Real Estate Expo brought together industry leaders and professionals at the New York Hilton Midtown on October 16. The event provided a platform to discuss market trends, investment opportunities, and emerging technologies.

    Shimon Shkouri, president and founder of Ariel Property Advisors, believes that the next two years present a unique investment opportunity due to decreased property values and rising rents in New York City. He advises potential investors to focus on familiar areas and partners, emphasizing the importance of knowing what they're investing in and who they're working with.

    Jackson Reiter introduced Relm AI's AI-powered home search engine at the expo, which has been successful in New Jersey and is set to launch in New York City. The platform allows users to find homes based on their preferences.

    Bob Knakal, chairman and CEO of BKREA, expressed optimism about the current market conditions, stating that it's one of the best buying opportunities he's seen in 40 years as a broker in New York City. He also criticized public policy for exacerbating the housing crisis by constricting supply and increasing costs.

    Thibault de Saint Vincent discussed the rise of digital nomads and its impact on the real estate market, highlighting the need for service apartments and comprehensive amenities to cater to this mobile clientele.

    The expo's success was evident in its attendance and scope, with over 7,000 professionals attending and 175 exhibitors participating. Attendees praised the event's networking opportunities and lead-generation potential, with many forming new connections and generating leads.

    Industry experts emphasized the importance of in-person connections among professionals navigating the complex landscape of real estate in New York City. The NYC Real Estate Expo has become a premier event for real estate professionals, offering a platform for learning, exploring business opportunities, and networking across various sectors of the industry.