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**New York People and Company News – Week of Dec. 12, 2025**
**Newmark Group Expands Leadership Team**
Newmark Group has appointed Peter Trollope as Global Head of Occupier Solutions. Trollope, a globally recognized real estate executive with a strong track record in managing complex real estate strategies for prominent global corporations, will lead the continued growth and advancement of Newmark’s integrated Occupier Solutions division.
**King & Spalding Promotes Real Estate Attorneys**
As part of King & Spalding’s recent promotion cycle, which included 27 new partners and 17 new counsels, two New York-based real estate attorneys received promotions. Steven Mare, who represents banks, debt funds, and other financial institutions in real estate finance matters, has been promoted, along with Alec Rubenstein. Rubenstein advises institutional lenders, alternative capital providers, insurance companies, and debt funds on commercial real estate financing.
**CREW New York Announces 2026 Board of Directors**
CREW New York has announced its Board of Directors for 2026. The leadership team will include:
– Farrah Forbes, Kimco Realty Corporation (President-Elect)
– Maria Elefante, Arbor Realty Trust (Treasurer)
– Robin Landow, Landow & Landow Architects
– Michelle Quirk, US Insurance Services
– Allison Robin, Envoie Projects
– Iris Rosa, CBRE
**Empire State Building Achieves LEED Platinum Certification**
Empire State Realty Trust, Inc. has announced that the Empire State Building has achieved LEED Platinum certification under the Existing Buildings: Operations + Maintenance Version 5 program. This is the highest level of recognition under the U.S. Green Building Council’s latest standard. The Empire State Building is now the largest LEED v5 Platinum project in the United States and the first in New York State to reach this level.
**Lument Finance Trust Closes $663.8M CLO**
Lument Finance Trust, Inc. has successfully closed LMNT 2025-FL3, a $663.8 million managed Commercial Real Estate Collateralized Loan Obligation (CRE CLO). Approximately $585 million of investment-grade securities were placed with institutional investors. The deal includes a 30-month reinvestment period, an 88.1% advance rate, and an initial weighted average interest rate of Term SOFR plus 1.91%, before transaction-related costs. The collateral consists of 32 first-lien floating-rate mortgage loans and participations, backed by 49 multifamily and commercial real estate properties across the U.S.
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