Andrew Coen (@AndrewCoen) header
Andrew Coen (@AndrewCoen) profile picture

Journalist covering commercial real estate for @commobserver. Proud Hofstra alum. Huge @HofstraPride and Boston pro sports fan. Rhode Island native.

Rockville Centre, NY
Joined March 2009
Photo by Andrew Coen (@AndrewCoen)Photo by Andrew Coen (@AndrewCoen)Photo by Andrew Coen (@AndrewCoen)Photo by Andrew Coen (@AndrewCoen)Photo by Andrew Coen (@AndrewCoen)Photo by Andrew Coen (@AndrewCoen)Photo by Andrew Coen (@AndrewCoen)Photo by Andrew Coen (@AndrewCoen)Photo by Andrew Coen (@AndrewCoen)Photo by Andrew Coen (@AndrewCoen)
Andrew Coen retweeted
Last year, our CEO @GlenKunofsky made many trips from NYC to Washington, D.C. not for deals, but for policy. Having seen both sides of 100% bonus depreciation firsthand, from the boom when it was active to the slowdown as it phased out, his mission was simple: permanently restore it for real estate assets placed in service after January 19, 2025. The result? It’s now law, and we are already seeing its impact across the net lease development pipeline. Glen answers five questions on what permanent bonus depreciation means for net lease in @commobserver Read the full story by @AndrewCoen: commercialobserver.com/2026/… #CRE #NetLease #BonusDepreciation #TaxPolicy #CommercialRealEstate
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Andrew Coen retweeted
Last year, I did something I never expected to do. I became a lobbyist. Not professionally, but I believed strongly enough in an issue that I found myself on @Amtrak to Washington more times than I can count. The goal was simple to make 100% bonus depreciation permanent. Not temporary. Not phasing out. Permanent. Real estate projects can take three, four, sometimes five years and developers cannot plan around a benefit that might disappear. Over the course of 50 to 75 meetings, I explained car wash economics to U.S. senators and took follow up calls while legislation was being written. And it worked. Less than a year later, we have already seen 300 to 400 projects come across our desks at @wearesurmount from developers ready to move because of it. I shared more of the story with @AndrewCoen in @commobserver: commercialobserver.com/2026/…
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Andrew Coen retweeted
📢"$91B of the $126.6B of CMBS issuance volume last year was via single-asset, single-borrower transactions (SASB), a trend I expect to continue in 2026." Trepp's @Lonnie_CRE was recently interviewed by @commobserver at the @CREFC conference in Miami. Lonnie expects 2026 to be another strong year for the CMBS market, driven largely by SASB deals. Issuance could well approach $130B again. Read the full piece here by @AndrewCoen: hubs.ly/Q03_FZR20
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And we returned the favor next year by beating Miami in final game with late comeback. Rare times where we both rooted for rivals :) I love the work you do with this account and keep up the great work!
Replying to @AndrewCoen
The Jets helped the Pats out a lot that year😭
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Congrats @celtics, the 2023-2024 NBA Champions and now the all-time NBA leader with 18 titles. A true legacy of excellence.
2024 WORLD CHAMPIONS 🏆
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Walt Templin, head of investment management at @LandmarkProps talks with CO reporter @AndrewCoen about this very steady asset class that has demonstrated continuous rent and occupancy growth at flagship universities across the country.
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Last call for Top Young Professionals nominations! Tomorrow, May 24 at 5PM ET is the deadline to submit your choice for this year's honorees. Submit you nomination here: ow.ly/pmtb50RSZVt #CommercialRealEstate
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The New York City Employees’ Retirement System announced a $60 million investment in affordable housing in a joint venture led by Community Preservation Corporation with Related Fund Management and Neighborhood Restore HDFC via @CommObserver's @AndrewCoen buff.ly/3wMyxv7
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February 3rd, 2002: Gil Santos on the call… #nfl #patriots
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🚨 𝙃𝙤𝙛𝙨𝙩𝙧𝙖 🤝 𝙎𝙥𝙤𝙧𝙩𝙨𝘾𝙚𝙣𝙩𝙚𝙧 🚨 ✅ Win ✅ Win over rival ✅ Game-winning shot on @espn / @SportsCenter 
 #PrideOfLI
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Congratulations to @HofstraU alum Raheem Morris ('98) on being named the head coach of the @AtlantaFalcons! #PrideOfLI x #HofstraFamily
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Hofstra Alumnus Raheem Morris ‘98 making BIG moves to Atlanta! Congratulations!
Falcons expected to hire Raheem Morris as their next head coach. (via @TomPelissero)
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Andrew Coen retweeted
Last year, #InterestRates rose to their highest levels in 22 years at 5.5%. However, now, it is predicted that these rates will fall to 4.6% by the end of 2024. @AndrewCoen explains what this means for commercial #RealEstate moving forward: #CRE #RE commercialobserver.com/2024/…
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Great to see fellow Hofstra @HerbertSchoolHU alum @katienolan thriving in the national spotlight. Also a fellow Boston sports fan as well.
We’ll take “Hofstra Alumni” for $1M: Hofstra Alumna and former ESPN host Katie Nolan, ’09, has advanced to the “Celebrity Jeopardy!” finals! She has a chance to win $1 million for the Association of Women in Sports Media. Read the USA TODAY article here: usatoday.com/story/sports/me…
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