December 28, 2025

Insights & Impact 2025: Dialogue on the Future of the Built Environment

On Wednesday, November 19, 2025, leaders from across the built environment gathered at 30 Hudson Yards in New York City for the Second Annual Insights & Impact event, hosted by the Penn State Cocoziello Institute of Real Estate Innovation and sponsored by Cozen O’Connor.

Held within one of the most dynamic urban developments in the world, Hudson Yards, the evening brought together a curated audience of industry executives, investors, developers, legal experts, and innovators. More than a networking event, Insights & Impact served as a platform for meaningful dialogue around the future of cities, capital markets, and real estate innovation.

Importantly, the conversation extended beyond traditional real estate circles. The event reinforced a central message of the Cocoziello Institute: shaping the built environment requires collaboration across disciplines, from finance and development to law, design, policy, and technology.

 

A Tale of Two Cities: The Future of Office

The featured panel discussion, titled: “A Tale of Two Cities: From the Most Innovative Office Spaces to the Ones Nobody Wants, and Everything In Between” addressed one of the most pressing questions facing the industry today: What defines value in a post-pandemic office market?

The discussion was led by three distinguished voices shaping global urban development:

  • Philippe Visser, President, Related Office — developer of Hudson Yards
  • Erik Horvat, Co-Head of Global Real Estate, The Olayan Group
  • Jon Knipe, Co-Chair of Real Estate, Cozen O’Connor

Together, the panelists explored the growing divergence within the office sector where premier, amenity-rich, design-forward environments continue to attract tenants and capital, while obsolete properties struggle with vacancy and repositioning challenges.

The conversation underscored several emerging themes:

  • The flight to quality is not temporary, it is structural.
  • Location, experience, and flexibility are redefining tenant expectations.
  • Capital continues to pursue best-in-class assets aligned with long-term urban growth.
  • Repositioning underperforming assets will require creativity, capital discipline, and municipal collaboration.

 

Framed against the backdrop of Hudson Yards, itself a case study in integrated, large-scale urban development. The discussion highlighted both the risks and opportunities defining today’s market cycle.

The Role of Innovation in the Built Environment

As markets evolve, the industry faces complex questions around sustainability, adaptive reuse, capital allocation, workforce shifts, and technological disruption. Events like this provide a forum not just for analysis, but for alignment, bringing together the decision-makers actively shaping the next generation of cities.

Following the panel discussion, attendees continued the dialogue during a cocktail reception featuring passed hors d’oeuvres, reinforcing the collaborative spirit that defines the Institute’s growing network.

Strengthening Industry and Academic Partnership

The Second Annual Insights & Impact event further solidified the Cocoziello Institute’s position as a bridge between academic rigor and industry practice.

By convening leaders in iconic settings such as 30 Hudson Yards, the Institute continues to elevate the conversation around innovation, resilience, and responsible development. The sponsorship by Cozen O’Connor reflects the importance of interdisciplinary engagement where legal frameworks, capital markets, and development strategy intersect.

As the built environment undergoes structural transformation, forums like Insights & Impact are critical in shaping informed, forward-looking leadership.

Advance Realty Investors is proud to support initiatives that promote thoughtful dialogue, education, and industry advancement, strengthening both communities and the broader real estate ecosystem.

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