New York

New York City's hotel occupancy rate reached 86.6% in 2017 and is projected to hit 86.6% in 2018, far exceeding the national average of 61.6%.

So far the non-traded REIT has made $8 billion worth of investments since its launch in 2016, when it raised $5 billion.

Winners of the Most Significant Deal of the Year and the Most Ingenious Deal of the Year highlight something old and something new.

As the most populous city in the US, New York has been seen as a magnet for talent and innovation, as well as one of the more desired locations for the increased interest in urban living.

The Consent Decree, which is subject to the review and approval of the court, requires the appointment of a federal monitor and requires the city, to provide $1.2 billion of additional capital funding to NYCHA over the next five years, and $200 million every year thereafter until the problems are fixed.

The completion of 3 World Trade Center symbolized New York City's response to 9/11—determination to come back, build higher and be stronger than ever before.