Colleen Wenke
President and CEO at Taconic Properties
Where is Taconic going to be in 2026?
We’re going to continue to deliver the kinds of spaces and neighborhood-focused developments where New Yorkers want to live, work, and visit — keeping a long-term view on delivering value through market cycles.
Where is Taconic going to be in 2028?
In five years, we’ll have delivered a range of new products that are aligned with changing consumer, industry and workplace demands. Similarly, we’ll have continued to expand our significant Elevate Research Properties footprint in life sciences.
Where is Taconic going to be in 2033?
Taconic is eternally bullish on New York. We will continue investing in our neighborhoods over the long term. By 2033, we believe we will have helped bring the investments and the real estate projects to New York that will lead to continued long-term economic and population growth — and the confidence and swagger that comes with that. People will always want to live and work here.
If you were to invest your own money in someone else’s real estate, who do you like and why?
We would obviously work with our joint-venture partners. We continue to choose to build with them for a reason.
What business advice are you most tired of hearing?
Maybe it’s recency bias, but I’m tired of hearing about office-to-resi conversions as if it’s a cure-all. Every property has its own value and there are different market needs that each property can successfully deliver on.
What’s the biggest market opportunity as we round out 2023?
There is a major opportunity for commercial owners and lenders to think more creatively about how to manage their assets and build more leasing velocity.
Who do you like for POTUS in 2024? I’m a New Yorker. I’ll adapt to whoever wins.
Do you feel personally safe moving through NYC? I walk to and from our office every day.
Can’t-live-without technology now? Advanced data analytics.
Artificial intelligence — good or bad? It’s a tool. So it depends who’s using it and how.
