New York's premier real estate professionals recently gathered to commemorate their exceptional accomplishments over the past year at The Hollywood Reporter's prestigious Power Broker Awards. This annual event, held in a magnificent penthouse overlooking Gramercy Park, shone a spotlight on the industry's most influential agents and teams, recognizing their significant contributions and outstanding achievements in the competitive New York market.
New York's Real Estate Elite Converge for the Power Broker Awards
On a balmy Wednesday in May 2026, the heart of New York City pulsed with excitement as top real estate agents convened for The Hollywood Reporter's annual Power Broker Awards. The opulent setting for this distinguished event was a breathtaking tri-level penthouse located at 34 Gramercy Park East, a property steeped in history and currently listed at an impressive $9.45 million by Carl Gambino of the Gambino Group and Stefani Berkin of R New York. This remarkable residence, once owned by television personality Jimmy Fallon and presently by model Cara Delevingne, offers exclusive access to Gramercy Park, adding to its allure.
Organized by The Society Group, a renowned real estate public relations firm, and supported by ASH Staging, an interior styling company, the awards ceremony drew a crowd of over 40 leading agents and teams. Representatives from esteemed firms such as Corcoran Group, CORE, Sotheby’s International Realty, Compass, Douglas Elliman, Brown Harris Stevens, Serhant, R New York, Hedgerow, Nest Seekers, and the Gambino Group at Compass mingled and celebrated their collective success. Alexander Ali, founder of The Society Group, expressed his delight in selecting such a distinctive venue, emphasizing its role in showcasing the pinnacle of New York real estate.
The evening commenced with a lively cocktail hour, allowing guests to explore the penthouse's eclectic charm. The interior boasted a captivating blend of vintage and rustic aesthetics, adorned with unique artwork, some hand-selected, others a testament to Nancy Fallon's personal touch. Notable features included a hand-painted staircase showcasing portraits of Lin-Manuel Miranda as Hamilton, Kermit the Frog as a tribute to Jim Henson, and historical figures like Abraham Lincoln and Martin Luther King Jr. Further curiosities included a first-floor bathroom with hand-painted shadow portraits of Drew Barrymore and Questlove, a whimsical treehouse-inspired turret with fairy lights, and a bedroom featuring original seats from Johnny Carson's Tonight Show. Addie Dorsey, co-founder and executive director of the Gambino Group, highlighted the enjoyment in presenting such a unique property, emphasizing the personal history woven into its very fabric by past owners.
The awards segment of the evening was concise and impactful. Alexander Ali lauded the nominees for the Stratospheric Sale award, acknowledging their groundbreaking figures that redefined market expectations. Andrew Bowen, co-founder of ASH Staging, underscored the significance of preserving New York's historic architecture, stating that these properties demand a "steward, not a salesperson." Cathy Franklin of Corcoran, a previous recipient of the Philanthropic Impact Award, accepted the Stratospheric Sale Award, commending the camaraderie within the industry. Addie Dorsey received the Agent of Historic Architecture Award on behalf of Carl Gambino, who was abroad, highlighting the privilege of being entrusted with properties like the Woolworth Mansion. The Philanthropic Impact Award was presented to Greg Williamson of Douglas Elliman, who shared his inspiring journey of raising over $100 million for various causes, including "Love Rocks," a concert series supporting God’s Love We Deliver, an organization that provides meals to ill New Yorkers. James Weiss of Corcoran was honored with the Rising Star Award, recognizing his burgeoning influence in the field.
The evening culminated with the announcement of all award recipients:
- Team of the Year: Janice Chang Team of Douglas Elliman
- Media Maverick: Ryan Serhant of Serhant
- Stratospheric Sale: Cathy Franklin of Corcoran
- Agent of Historic Architecture: Carl Gambino of Compass
- Hamptons Sale of the Year: Terry Cohen, Gary Cooper, and Preston Kaye of Compass and Hedgerow
- Philanthropic Impact: Greg Williamson of Douglas Elliman
- Celebrity Property Portfolio: Sami Hassoumi of Brown Harris Stevens
- Rising Star: James Weiss of Corcoran
The annual Power Broker Awards serve not only as a recognition of individual and team excellence but also as a powerful affirmation of the New York real estate market's dynamic nature and the influential figures who shape its landscape. It's a testament to the dedication, expertise, and philanthropic spirit that define this high-stakes industry.
This event serves as a powerful reminder of the intricate relationship between success, community, and social responsibility within the professional world. It underscores that while achievements in sales and market influence are commendable, true leadership often extends beyond financial gains, encompassing a commitment to giving back and fostering a supportive environment. The recognition of individuals who blend professional excellence with impactful philanthropy highlights a growing understanding that business success can and should be a catalyst for positive societal change. Furthermore, the celebration of camaraderie among competitors emphasizes that even in highly competitive fields, collaboration and mutual respect can thrive, ultimately elevating the entire industry.