Meredith

Meredith, NY · Real Estate
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Realty Today
A Real Estate Gala’s Toast to Resilience, Backed by the State Comptroller’s Own Numbers
Commercial Observer held its 19th annual Power Gala on September 22 at 7 World Trade Center, in partnership with Silverstein Properties, explicitly framed to commemorate the 25th anniversary of September 11. CO Editor-in-Chief Max Gross noted that one of the publication's first galas held after the pandemic had also taken place at the same building, framing the venue's recurring role directly: "I think most of the people here tonight understand that whatever bad things come our way, and many have, and there will be other bad things in the future, the answer is to roll up our sleeves and get to work." The evening's top honor, Investment Deal of the Year, went to Naftali Group's Miki Naftali for the firm's $810 million acquisition of 800 Fifth Avenue in 2025, a deal presented as "a decisive bet among the most irreplaceable locations" made "at a time when investors are navigating higher costs of capital and shifting valuations in a rapidly changing market." Lisa Silverstein, CEO and vice chairman of Silverstein Properties, received the Executive Leadership Award.