Are you guys seeing anything in NYC?
Are you guys seeing any activity or deals in value-add real estate market, specifically NYC? I've been working in this family investment office (AUM 300mm) for about 2 years and wasn't able to close any deals. It's really frustrating and scary at the same time as I have shitty base salary with bonus contingent upon getting deals done. I love the culture and what the company has done for me, but I just think the company is not aggressive enough to get anything done in NYC. So I think I should start looking aggressively for a new position before the market tanks and hiring freezes.
So before I make the move, I wanted to ask you guys what your situation is at your respective firm and would appreciate any insight regarding current status of NYC market.