Shows
New York City Multifamily PodcastEpisode 61: Navigating Chaos & Leveraging Bankruptcy Tools with Leo JacobsShaun Riney and Seth Glasser sit down with Leo Jacobs, a nationally recognized restructuring and business litigation attorney. Leo breaks down what the landmark Pinnacle portfolio bankruptcy auction really means for rent-regulated assets and the broader market.Drawing on his deep experience mediating between borrowers and lenders, Leo explains why bankruptcy isn’t a dirty word—it’s a strategic tool to right-size debt, buy time, and reset capital stacks when traditional negotiating fails. He digs into:Why the Mamdani administration’s attempt to condition the Pinnacle sale around repairs was unlikely under federal lawHow lenders and owne...
2026-02-0451 min
New York City Multifamily PodcastEpisode 60: NYC's Housing Policy Battlefield with Fontas AdvisorsShaun Riney and Seth Glasser are joined by George Fontas and Frank Ricci of Fontas Advisors. The discussion covers the political landscape impacting the real estate industry, focusing on the controversial COPA bill, the Pinnacle bankruptcy sale, and the evolving state of housing policy under the Mamdani administration. George and Frank provide insights into the collective efforts by the real estate industry to navigate these challenges, the role of the NYC City Council, and the broader implications of government interventions on property ownership. They also touch on upcoming issues such as the Rent Guidelines Board, potential lawsuits, a...
2026-01-2337 min
New York City Multifamily PodcastEpisode 59: The Real Cost of Maintaining NYC’s Buildings With Mike DiFonzoSeth Glasser sits down with Mike DiFonzo, President of Central Construction Management, one of New York City’s leading façade restoration and building-envelope contractors. Mike shares what goes into maintaining and restoring the exterior of pre-war and mid-rise buildings, how owners navigate the city’s inspection and compliance cycles, and why so many projects end up taking longer (and costing more) than people expect. The conversation touches on all things façades, roofs, garages, parapets, and scaffolding, including how the regulations governing them get decided and the role people like Mike play in that process. This episode...
2026-01-0655 min
New York City Multifamily PodcastEpisode 58: The Fight to End NYC's Vacancy Crisis with Rob JohnsonShaun Riney and Seth Glasser are joined by Rob Johnson, Senior Attorney at the Institute For Justice, a national nonprofit law firm focused on defending property rights and advancing constitutional law through strategic litigation. Rob is the lead attorney representing Small Property Owners of New York in their case against the State of New York, challenging draconian regulations on rent-stabilized apartments and pushing for a rent reset on vacant units. Currently there are 50,000 vacant rent stabilized apartments being warehoused because it is economically unviable to fix and re-rent the units at the current stabilized rates. The discussion h...
2025-12-1831 min
New York City Multifamily PodcastEpisode 57: 2025 Q4 NYC Multifamily Market UpdateJoe Koicim, Seth Glasser, Mike Salvatico, Dan Greenblatt and Mike Fusco break down what’s actually happening on the ground right now in New York City's multifamily market. The team covers recent sales, active listings, and the types of opportunities that are catching the attention of buyers—from high-cap, low-basis stabilized buildings in the Bronx and Upper Manhattan to core and core-plus trades south of 96th Street and prime free-market and development plays in Brooklyn.The discussion also tackles the policy landscape, including the impact of COPA, how developers are reacting to Mamdani’s agenda, and why the ne...
2025-12-1029 min
New York City Multifamily PodcastEpisode 56: Capitalizing on Bonus Depreciation and Cost Segregation with Isaac WeinbergerSeth Glasser sits down with Isaac Weinberger of Madison Specs to break down cost segregation and bonus depreciation in simple terms for real estate investors.Isaac explains what a cost seg study actually is, how engineers reclassify parts of a building to accelerate depreciation, and why this can mean huge upfront tax savings for owners of multifamily, triple-net, and other investment properties. Seth and Isaac talk through real numbers, when a study doesn’t make sense, and how the “Big Beautiful Bill” brought bonus back.Get the latest updates on Instagram: https://www.instagram.com/newyor...
2025-11-2637 min
New York City Multifamily PodcastEpisode 55: Post NYC Mayoral Election Webinar | NYM x Fontas x KMWBSeth Glasser moderates a post-election briefing on what New York’s mayoral and City Council results could mean for property owners, landlords, and developers across the city. He is joined by Craig Gambardella and Olga Someras from Kucker Marino Winiarsky & Bittens, as well as George Fontas and Frank Ricci from Fontas Advisors. The panel of legal, policy, and market experts explain how the election results may influence:- Upcoming changes to housing and rent regulation policies- Property tax structures and class-share allocations- Development opportunities, enforcement trends, and compliance requirements- Str...
2025-11-1752 min
New York City Multifamily PodcastEpisode 54: Where Are Rents Going Up in NYC? A Conversation with Louis Adler and Robert RahmanianJoe Koicim and Shaun Riney are joined by Louis Adler and Robert Rahmanian from REAL New York, a full-service real estate brokerage firm. They break down the 2025 rental season, neighborhood by neighborhood—where rents are still climbing and where they’ve plateaued. Lou and Rob share insights into renewal rates, tenant behavior, and how legislation like the FARE Act and 2019 Rent Laws have reshaped the market.The conversation covers the shift from share apartments to higher-quality product, the “flight to quality” trend in new developments, and how free market rents are hitting new peaks despite affordability pressures. They als...
2025-10-3131 min
New York City Multifamily PodcastEpisode 53: Amplifying the Voices of Property Owners with Humberto LopesSeth Glasser sits down with Humberto Lopes, Founder and CEO of H.L. Dynasty, for a candid conversation about what it really takes to own and manage multifamily real estate in New York today. With decades of ownership experience and over 100 properties, HL explains how policy changes, housing court delays, rising property taxes, and new compliance rules are impacting both landlords and tenants. He also discusses what drives him to advocate for property owners on social media, where he has gone viral and amassed a following of well over 50,000 people. Follow HL: @HL_Dynasty on IG, X, T...
2025-10-0356 min
New York City Multifamily PodcastEpisode 52: Breaking Down the Landmark 1031 Ruling with Todd PajonasSeth Glasser sits down with Todd Pajonas, President of Legal 1031 Exchange Services, to unpack a landmark New York ruling that validated the “drop and swap” strategy in 1031 exchanges. Todd explains the case background, why it matters for partnerships and LLCs, and what investors need to know about timing, lender approvals, and planning ahead. He also shares where he’s seeing exchange capital flow across the country and why he’s optimistic about the market.Get the latest updates on Instagram: https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comReach out to u...
2025-09-1114 min
New York City Multifamily PodcastEpisode 51: 2025 Q3 Market UpdateJoe Koicim, Shaun Riney, Seth Glasser, and Michael Salvatico break down the latest trends in New York City’s multifamily market.This quarter, the team highlights over 30 closed transactions and unpacks the forces shaping today’s deal activity.They discuss:The rise of new one-off buyers and an influx of foreign capitalHow patient investors are approaching rent-stabilized assetsShifts in cap rates attracting a new wave of operatorsInstitutional strategies around tax-abated productHow sellers are handling tenant negotiations, discounted payoffs, and portfolio repositioningThe conversation closes with a look at current lending conditions, surprising buyer acti...
2025-08-2130 min
New York City Multifamily PodcastEpisode 50: From Top Broker ro Billion Dollar Credit Provider with Stephen PalmeseShaun Riney and Seth Glasser sit down with Stephen Palmese to discuss his pivot from top NYC broker to founder of Integritas Capital. Stephen shares how he quickly scaled his credit-focused firm to nearly $1 billion in deals, targeting overlooked independent sponsors.This episode covers major transactions in New York and South Florida, the challenges of office-to-residential conversions, and differences in entitlement and pre-sale strategies across markets. Stephen also offers candid advice on managing risk during a career shift and where he sees the best real estate opportunities today.Get the latest updates...
2025-07-1731 min
New York City Multifamily PodcastEpisode 49: Turning Distress Into Opportunity with Eric BrodyShaun Riney and Mike Salvatico sit down with developer and capital advisor Eric Brody, co-founder of Anax Real Estate Partners and host of Real Tech Talk. Eric shares how he's leveraging years of development experience to capitalize on distress in the market, stepping in to rescue and reposition stalled projects where others see only risk. The conversation spans his approach to recapitalizing half-built assets, the future of NYC office and residential development, construction cost dynamics, and where he's placing bets—from Brooklyn fix-and-flips to affordable luxury in Miami and townhouses in Charlotte. It’s a deep dive into capital mark...
2025-06-2631 min
New York City Multifamily PodcastEpisode 48: Signature’s Fall and the Future of Relationship Lending with Joseph E. FingermanJoe Koicim and Seth Glasser sit down with Joseph E. Fingerman, the former Senior VP of Commercial Real Estate Lending at Signature Bank and now President of Commercial Real Estate at Peapack Private Bank & Trust. Joe shares insights from his front-row view of Signature's sudden collapse in 2023, detailing the chaos of being caught in a "drive-by" seizure. He opens up about the experience of starting from scratch at a private debt fund before returning to traditional banking at Peapack, where he’s helping to build out a high-touch, relationship-driven lending platform in NYC.This wide-ranging conversation dives in...
2025-06-0547 min
New York City Multifamily PodcastEpisode 48: How To Improve NYC Housing With Former DHCR Deputy Commissioner Woody PascalShaun Riney and Seth Glasser sit down with Woody Pascal, the former Deputy Commissioner of DHCR and current leader at the New York Apartment Association. Woody shares insights from his extensive career overseeing rent regulation laws and discusses the challenges and opportunities facing tenants and landlords in New York City. The conversation delves into the impacts of recent legislative changes, strategies to address vacant apartments, and the pressing need for capital improvements in aging buildings. Woody also offers a personal perspective on transitioning from public service to the private sector and highlights the mission and future goals of the...
2025-05-0831 min
New York City Multifamily PodcastEpisode 47: 2025 Q2 NYC Multifamily Market UpdateIn this market update, Joe Koicim, Shaun Riney, Seth Glasser, and Mike Salvatico discuss national cap rates, the influx of capital into New York, and why investing in NYC remains attractive. Regulations, supply constraints, and the maturity wall in 2025 and 2026 are creating opportunities.The conversation also covers recent transactions, buyer strategies, and the unique challenges and opportunities in both core plus and stabilized asset classes.Get the latest updates on Instagram: https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comReach out to us at: seth.glasser@marcusmillichap...
2025-04-0443 min
New York City Multifamily PodcastEpisode 46: Raising Capital with Equity Multiple – A Marcus & Millichap CompanyJoe Koicim and Seth Glasser are joined by Charles Clinton and Marious Sjulsen from Equity Multiple, a real estate crowdfunding platform with a successful track record of 200 deals and $800 million raised in debt and equity. The conversation covers their partnerships with Mission Capital and Marcus & Millichap, regulatory challenges, and the advantages of their platform for real estate investors. They delve into the importance of data, automating processes, and maintaining transparency for investors. The episode also examines market trends, including opportunities in New York real estate and other U.S. markets, while highlighting the role of equity and d...
2025-03-2046 min
New York City Multifamily PodcastEpisode 45: Data, Trends, and Predictions in Commercial Real Estate with Lonnie HendrySeth Glasser is joined by Lonnie Hendry from Trepp, an industry leading provider of data, research, and technology solutions to the structured finance, commercial real estate, and banking markets. Lonnie is also the host of the incredibly insightful TreppWire Podcast.In this episode, Seth and Lonnie discuss Trepp's history, their services, and the importance of data in today's market. They cover multifamily trends, delinquency statistics, and regional differences, particularly focusing on New York City. The conversation also touches on the impact of regulatory measures, the future of office space, and advice for both brokers and young professionals...
2025-03-0647 min
New York City Multifamily PodcastEpisode 44: The NYC and LA Multifamily Markets with Tony AzziJoe Koicim hosts Tony Azzi, a veteran broker with over 1,000 transactions in his 40-year career at Marcus & Millichap's Los Angeles office. Tony discusses the challenges and opportunities in the LA multifamily market, including rent control politics, insurance issues due to recent fires, and the impact of rising interest rates. Joe and Tony went back and forth about similarities and differences in the multifamily markets of New York and Los Angeles. Tony also shares his personal investment strategies and market predictions, emphasizing the importance of staying informed and adaptable in the ever-evolving real estate landscape....
2025-02-2451 min
New York City Multifamily PodcastEpisode 43: How To Monetize Your Cell Tower With Symphony WirelessSeth Glasser and Andrew Bronsteen are joined by Bernard Borghei and Isaac Lipton from Symphony Wireless, a telecommunications firm that acquires, manages, and leases cell sites throughout the country. Bernard and Isaac delve into the workings of their business, the advantages of monetizing cell phone antennas, and factors influencing easement valuations. They also discuss the industry's projected growth, the impact of rising interest rates, and offer insights on partnering with property owners to expand telecom installations.Get the latest updates on Instagram: https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.com
2025-02-0643 min
New York City Multifamily PodcastEpisode 42: Understanding The Nationwide Multifamily Market With Jay ParsonsSeth Glasser and Shaun Riney are joined by Jay Parsons, a renowned rental housing economist based in Dallas. Jay shares his extensive experience advising multifamily and single-family rental housing stakeholders, including institutional investors, REITs, and government agencies. The conversation explores current trends in rental economics, supply and demand pressures, the impact of regulatory risks, and the role of AI in property management. Jay also discusses the implications of current market conditions for investors and the effectiveness of various strategies to support affordable housing. Don't miss Jay Parsons' expert insights on the rental housing market, both...
2025-01-2344 min
New York City Multifamily PodcastEpisode 41: Specialty Finance And Alternative Investments With Evan AbrahamShaun Riney and Seth Glasser are joined by Evan Abraham, Vice President of InterVest Capital Partners. In this episode, they delve into the unique aspects of specialty finance, recent transactions, and challenges and opportunities in the New York real estate market, including insights on rent-stabilized multifamily assets and the broader implications of macroeconomic trends. Evan also details InterVest's approach to direct lending, equity investments, and funding structures.Get the latest updates on Instagram: https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comReach out to us at: seth.glasser@marcusmillichap.com
2025-01-1037 min
New York City Multifamily PodcastEpisode 40: Using Real Estate Research To Your Advantage With John ChangShaun Riney and Seth Glasser are joined by John Chang, Senior Vice President and Head of Research at Marcus & Millichap. In this episode, John shares in-depth insights into the current trends in commercial real estate. The conversation delves into the impact of public policy and demographics on the multifamily market and the research required to make informed investment decisions.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www...
2024-12-1140 min
New York City Multifamily PodcastEpisode 39: Up And Down The NYC Capital Stack With Seth WeissmanJoe Koicim and Seth Glasser sit down with Seth Weissman from Urban Standard, a fully integrated real estate private equity firm, focused on debt and equity investments. In this episode, he discusses his journey from landlord to bridge lender. The conversation covers Urban Standard's three lines of business, challenges in the lending environment, and the importance of having discretionary capital. Weissman shares insights on the evaluation of borrowers and assets, the impact of regulatory changes, and the future of lending in NYC.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www...
2024-11-2244 min
New York City Multifamily PodcastEpisode 38: New York City Housing Policy with NYAA CEO Kenny BurgosShaun Riney and Seth Glasser sit down with Kenny Burgos, CEO of the New York Apartment Association. Kenny discusses his background as a lawmaker representing the Southeast Bronx, and his transition to leading NYAA after its formation in 2024 from the merger between CHIP and RSA. The conversation covers issues surrounding housing regulation, tax policies, the impact of rent laws, and potential solutions to stabilize and improve affordable housing in New York. Kenny also shares personal anecdotes and predictions for future housing policies, providing insight into the complexities and challenges facing the New York real estate market.Get...
2024-10-3139 min
New York City Multifamily PodcastEpisode 37: 2024 Q4 NYC Multifamily Market UpdateIn this market update, Joe Koicim, Shaun Riney, Seth Glasser, and Mike Salvatico share current market data points, year-end reflections, and tips for sellers looking to position themselves for success amid current challenges. They also discuss the growing market momentum following a recent Fed rate cut, explore deal stories from the past few weeks, and examine the impact of legislation like good cause eviction. Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily h...
2024-10-1741 min
New York City Multifamily PodcastEpisode 36: Lending Strategies In Today’s Market With Vince GiovincoJoe Koicim and Seth Glasser are joined by Vince Giovinco, Executive Vice President and Director of Commercial Real Estate at Flushing Bank. In this episode, Vince shares insights on the current lending landscape, the challenges facing borrowers, and the nuances of underwriting in the current market. The conversation delves into Flushing Bank’s conservative, relationship-driven approach, distinguishing it from larger banks, and explores how recent Fed rate cuts may influence lending strategies. Get the latest updates on Instagram: https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the...
2024-10-0344 min
New York City Multifamily PodcastEpisode 35: Navigating Your Own Distressed Real Estate With Shlomo ChoppShaun Riney and Seth Glasser are joined by Shlomo Chopp, a distinguished commercial real estate executive with over 20 years of experience, specializing in distressed real estate. He began his career in 2003 at a pioneering proptech firm, rapidly excelling in deal-making and acquisitions while harnessing emerging technologies to spot undervalued opportunities. These early years provided him with a strategic mindset and a robust network that would later prove invaluable in navigating complex markets and transforming distressed assets into success stories.In the wake of the Great Financial Crisis, Chopp’s expertise shone through when he founded Case Property Se...
2024-08-0749 min
New York City Multifamily PodcastEpisode 34: Scaling Cash Flowing Real Estate and an Update on the Florida Multifamily Market with Ryan Tseko of Cardone CapitalShaun Riney and Seth Glasser are joined by Ryan Tseko, Executive Vice President of Cardone Capital, to discuss his journey from commercial airline pilot to Grant Cardone's right-hand man. Ryan shares insights into current market trends, acquisition strategies, and Cardone Capital's unique approach to investor relations through monthly distributions and transparent communication.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us at...
2024-07-2347 min
New York City Multifamily PodcastEpisode 33: Finding Success In NYC Affordable Housing With Rick GropperShaun Riney and Seth Glasser are joined by Rick Gropper, principal and co-founder of Camber Property Group. Rick is an expert in the development, construction and ownership of affordable and mixed income multifamily housing throughout NYC. In this episode, he explains how Camber has overcome current industry challenges like rising costs and regulatory hurdles, to find success in the affordable housing space.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily
2024-07-1031 min
New York City Multifamily PodcastEpisode 32: A Guide to Global Capital with Eric Anton & Nelson LeeShaun Riney and Seth Glasser are joined by Eric Anton and Nelson Lee of Marcus & Millichap’s Global Capital Group. Eric and Nelson specialize in sourcing and raising foreign capital, specifically from Asia and Europe. In this episode, they share insights into the trends driving foreign investment in New York City, highlighting the appeal of growth, stability, and diversification opportunities that the city offers compared to other global markets. We also discuss the strategic importance of understanding cultural nuances, navigating regulatory landscapes, and building trust with international clients to successfully broker deals. Get the latest updates on In...
2024-06-1838 min
New York City Multifamily PodcastEpisode 31: 2024 Q2 NYC Multifamily Market UpdateAs we hit the 5-year anniversary of the 2019 Rent Laws, Joe Koicim, Shaun Riney, Seth Glasser, and Mike Salvatico sit down to unpack the impact of HSTPA and offer insights into the successes and challenges of navigating the rent-stabilized market. We also analyze the evolving lending environment, highlight recent exciting deals, and evaluate emerging trends in the NYC multifamily market.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.com
2024-06-0638 min
New York City Multifamily PodcastEpisode 30: Analyzing The Effects Of The 2025 Budget On NYC’s Housing MarketFor our 30th episode, Shaun Riney and Seth Glasser are joined by James Marino and Nativ Winiarsky from Kucker Marino Winiarsky & Bittens, LLP and Jay Martin, Executive Director of CHIP. Our discussion focused on the legal, political, and economic impact of the passing of the 2025 budget.Topics Covered Include:· Good Cause Eviction· New IAI laws, RGB vote and what’s next for the rent stabilized housing industry· 485-x, the development tax incentive program which replaces 421-a· How banks and borrowers are dealing with distressGet the latest updates on Inst...
2024-05-221h 00
New York City Multifamily PodcastEpisode 29: Navigating Real Estate Tax Law With Matt RappaportShaun Riney and Seth Glasser are joined by Matt Rappaport, Vice Managing Partner at Falcon Rappaport & Berkman LLP. Matt is a seasoned tax attorney specializing in wealth transfer, mergers and acquisitions, and real estate transactions in general. In this episode he offers ideas on how and when to structure family partnerships, balancing tax considerations with practical business goals and navigating complex real estate ownership structures across multiple generations. We close the episode with the benefits and risks of a DST in leu of doing a traditional 1031 exchange. Get the latest updates on Instagram : https://www.instagram.com/n...
2024-05-1545 min
New York City Multifamily PodcastEpisode 28: The Fight for the Supreme Court Follow Up with Todd Rose and Paul CoppeShaun Riney and Seth Glasser are joined by Todd Rose and Paul Coppe from Rose & Rose Law. Todd and Paul were lead counsel in the case of 335-7 LLC v City of New York, which asked for certiorari by the Supreme Court of the United States of America, and sought to highlight the unconstitutionality of NYC’s rent regulation system and specifically 2019's HSTPA. Unfortunately, after 12 conferences the case was denied. Despite the setback, they remain resolute, determined to continue the fight for property rights. In this episode, we consider the potential political dynamics at play and the implications fo...
2024-04-2536 min
New York City Multifamily PodcastEpisode 27: A Conversation with Marcus & Millichap CEO Hessam NadjiJoe Koicim and Shaun Riney are joined by Hessam Nadji, CEO of Marcus & Millichap. In this episode we delve into the strategies and philosophies driving success in the brokerage industry. We discuss the importance of staying proactive, building strong client relationships by providing value, and adapting to shifting market dynamics.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us at...
2024-04-1843 min
New York City Multifamily PodcastEpisode 26: Maverick Real Estate Partners Discuss Note Buying In NYC with David Aviram and Jim YetterJoe Koicim and Seth Glasser are joined by David Aviram and Jim Yetter from Maverick Real Estate Partners - the most prolific note buyer in New York City. In this episode they discuss the issues facing regional banking, what it’s like inside the deal room, and the downstream consequences of the FDIC Signature Bank Sale.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us...
2024-04-1150 min
New York City Multifamily PodcastEpisode 25: Suing NYC to Fix the Broken Housing Court With Nativ Winiarsky and Eric McAveySeth Glasser and Andrew Bronsteen are joined by Nativ Winiarksy and Eric McAvey of Kucker Marino Winiarsky & Bittens LLP. On behalf of their high profile client, KMWB have filed a groundbreaking lawsuit against the New York City Housing Court to address the massive backlog and delays in court proceedings. In this episode we dive into the merits of their case and what they hope to accomplish.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily
2024-04-0343 min
New York City Multifamily PodcastEpisode 24: The People Who Make 1031 Exchanges Happen With Todd Pajonas and Matt ScheriffJoe Koicim and Seth Glasser are joined by Todd Pajonas and Matt Scheriff from Legal 1031 Exchange Services, a renowned provider of qualified intermediary services. Qualified intermediaries ensure that 1031 exchanges adhere to the strict guidelines outlined by the IRS for a successful transaction. They help structure the transaction, prepare documentation, safeguard funds, and oversee the exchange from start to finish, ensuring compliance with regulations. In this episode, Todd and Matt bring their wealth of experience facilitating exchanges to the table.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.com
2024-03-2036 min
New York City Multifamily PodcastEpisode 23: 2024 Lending Market With Chris Marks and Stephen Filippo From Marcus & Millichap Capital CorporationJoe, Seth, Chris, and Steve discuss personal guarantees, getting through due diligence and the differences between agency and savings banks. Banks and borrowers are constantly entering and exiting the market. Having the right mortgage and sales broker to run a thorough process to flush out objections and work through issues has become more important than ever. Listen in for tips from some of the most successful brokers at Marcus & Millichap! Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www...
2024-03-0737 min
New York City Multifamily PodcastEpisode 22: How I Executed My 1031 Exchange with Seth GlasserIn this mini-episode Seth Glasser describes in detail his own 1031 Exchange and how he navigated the entire process. He shares his personal experience on timing, product types, opportunities, and risks to provide a roadmap for those who are interested in entering this asset class but don’t know where to start.You can read the article version of this episode here: https://newyorkmultifamily.com/step-by-step-process-how-i-executed-my-1031-exchange/For more articles from the New York Multifamily team like this one click here: https://newyorkmultifamily.com/posts/Get the latest updates on Instagram : https://ww...
2024-02-2812 min
New York City Multifamily PodcastEpisode 21: A Deep Dive Into The Net-Lease Space with Nico DePaulShaun Riney and Seth Glasser are joined by Nico DePaul, Chief Operating Officer of NNN Pro, the nation’s leading net-lease brokerage team. This episode does NOT cover the basics of 1031 exchanges or triple net properties – it is meant to explain what’s happening behind the guaranteed payment on the first of the month. We discuss the health of the businesses guaranteeing the lease and how to spot opportunities before the rest of the market.If you’re interested in executing a 1031 exchange of your own or don’t know the right questions to ask, click to read Seth...
2024-02-1447 min
New York City Multifamily PodcastEpisode 20: The Fight for the Supreme Court with Todd Rose and Brian BarnesJoe Koicim, Shaun Riney, and Seth Glasser are joined by Todd Rose from Rose & Rose Law and Brian Barnes from Cooper & Kirk. Todd and Brian are lead counsel in the case of 335-7 LLC v City of New York, currently asking for certiorari by the Supreme Court of the United States of America, and which seeks to highlight the unconstitutionality of NYC’s rent regulation system and specifically the HSTPA act of 2019. The court has conferenced an unprecedented 11 times on this case, neither granting cert, nor issuing a denial, which is highly uncommon for SCOTUS and which demonstrates the le...
2024-02-0236 min
New York City Multifamily PodcastEpisode 19: 2024 Q1 New York Multifamily Policy Update with Jay Martin and Jim MarinoIn this New York Multifamily Policy Update, Shaun Riney and Seth Glasser are joined by CHIP Executive Director Jay Martin and Real Estate Attorney Jim Marino to discuss current housing policies and give their outlook on the future of multifamily regulations.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us at: seth.glasser@marcusmillichap.com
2024-01-3039 min
New York City Multifamily PodcastEpisode 18: Buying and Renovating Distressed Real Estate with Peter HungerfordShaun Riney and Seth Glasser are joined by Peter Hungerford, Founder of PH Realty Capital. Despite the uncertainty in the market since 2019, Peter has vastly expanded his NYC multifamily portfolio, and is currently under hard contract for a significant amount of prime NYC real estate and willing to expand his limited partner investor network! In this episode he details his approach to evaluating potential investments and adding value to distressed properties. If you are seeking limited partner opportunities into the types of deals Peter is describing on the show, please reach out to him directly at Peter@phrealtycapital.com.
2024-01-1842 min
New York City Multifamily PodcastEpisode 17: 2024 New York Multifamily Market ForecastWith 2023 coming to a close, Joe Koicim, Shaun Riney, Seth Glasser, and Mike Salvatico sit down to discuss everything that happened in the multifamily market this past year and what will be happening in the year to come. They share where they see opportunities, challenges, and likely outcomes as the market continues to evolve.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us at...
2023-12-2042 min
New York City Multifamily PodcastEpisode 16: The Mindset Of A Rent Stabilized Buyer With Jesse DeutchShaun Riney and Seth Glasser are joined by Jesse Deutch, Founder and President of Two80 Real Estate Ventures and Co-Owner of C2R Management. Since the start of 2018, Jesse and his partners have purchased 400 rent stabilized units in Upper Manhattan. After having several rent stabilized sellers on the show, this episode gives us the other side of the story… the perspective of a rent stabilized buyer. Jesse shares how due diligence and proper budgeting upfront creates a great opportunity to purchase rent stabilized housing. Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamily
2023-12-0539 min
New York City Multifamily PodcastEpisode 15: The Challenges Of Being A Small Property Owner In NYC with Ann KorchakShaun Riney and Seth Glasser are joined by Ann Korchak, Board President of SPONY, an organization of small housing providers who advocate for sound, sustainable and equitable housing policies across New York. In this episode Ann discusses the challenges she and other owners are currently facing and the policy changes that can be made to improve housing for both owners and tenants.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily...
2023-11-2231 min
New York City Multifamily PodcastEpisode 14: What A $700m Net Buyer Of NYC RE Wants In A Deal with Jesse TerryJoe Koicim and Shaun Riney are joined by Jesse Terry, Chief Investment Officer of HUBB NYC. Over the last few years Jesse has been one of the most active buyers in NYC multifamily. In this episode he explains HUBB's strategy, where he sees opportunities in the market, and why he believes in the future New York real estate. Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach ou...
2023-11-0829 min
New York City Multifamily PodcastEpisode 13: What’s Hot in The Residential Market with Ari HarkovSeth Glasser and Shaun Riney are joined by Ari Harkov of Brown Harris Stevens. Ari is one of New York City's elite residential brokers and in this episode he gives us a full rundown of what's going on in the residential market. Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us at: seth.glasser@marcusmillichap.com
2023-10-2532 min
New York City Multifamily PodcastEpisode 12: 2023 Q4 New York Multifamily Market UpdateIn the days after the Supreme Court declined to rule on CHIP v HSTPA, Joe Koicim, Shaun Riney, Seth Glasser, and Mike Salvatico sit down to discuss the state of the New York multifamily market. They share where they see opportunities, challenges, and likely outcomes as the market continues to work through inflationary and regulatory challenges.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to u...
2023-10-1131 min
New York City Multifamily PodcastEpisode 11: From Rent Stabilized to Triple Net Leases With Lisa Butera-SgourosSeth Glasser and Shaun Riney are joined by client and friend, Lisa Butera-Sgouros. Since the June 2019 Rent Laws many multifamily owners across New York City have been faced with tough decisions. In this episode Lisa details her choice to execute a 1031 Exchange and the effect doing so has had on her life.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us at: seth.glasser...
2023-09-2628 min
New York City Multifamily PodcastEpisode 10: Selling Twenty Buildings In One Year With Lewis BarbanelJoe Koicim and Seth Glasser are joined by Lewis Barbanel, president of Barberry Rose Management. In this episode Lewis discusses his family's history in the real estate business, the direction he sees the market moving, and his motivation for selling 20 properties in one year.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us at: seth.glasser@marcusmillichap.com
2023-09-1338 min
New York City Multifamily PodcastEpisode 9: The Loan Sale Market And Selling For The FDIC with David TobinShaun Riney and Seth Glasser are joined by David Tobin, founder of Mission Capital Advisors. David has extensive transactional experience in loan sale advisory, real estate investment sales, and commercial real estate debt and equity raising. In this episode he shares his insight on all aspects of the loan sales market in the wake of significant upheaval in the world of real estate lending.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https...
2023-08-3040 min
New York City Multifamily PodcastEpisode 8: The Ever-Changing NYC Lending Environment With John AdamsJoe Koicim and Seth Glasser are joined by John Adams, Senior Executive Vice President & Director of Indirect Multifamily Lending at New York Community Bank. In this episode they discuss the current lending environment, the Signature Bank loan portfolio, and the intricacies of underwriting in the current environment.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us at: seth.glasser@marcusmillichap.com
2023-08-1640 min
New York City Multifamily PodcastEpisode 7: Managing Affordable Rental Housing in NYC With Jac Zadrima and Mackenzie ForsbergShaun Riney and Seth Glasser are joined by Jac Zadrima and Mackenzie Forsberg of Genesis Realty Group, one of the premier management groups in NYC multifamily real estate. In this episode they discuss the intricacies of compliance, the effect legislation has on owners and managers, and why creating long term, viable, and affordable rental housing is crucial to maintaining vibrant neighborhoods in the city.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https...
2023-08-0238 min
New York City Multifamily PodcastEpisode 6: Insuring Multifamily Real Estate With Marc FellsShaun Riney and Seth Glasser are joined by Marc Fells of Alliant Insurance Services. With the shifts going on in the market, insurance is a very hot topic. This episode dives deep into the nuances of insuring multifamily in the current environment.Get the latest updates on Instagram : https://www.instagram.com/newyorkmultifamilyhttps://www.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.comReach out to us at: seth.glasser@marcusmillichap.com
2023-07-1927 min
New York City Multifamily PodcastEpisode 5: How To Execute A $200m 1031 Exchange With Aron HarkhamShaun Riney and Seth Glasser are joined by friend and client, Aron Harkham. In 2021-2022 Aron completed a $200 Million 1031 exchange that took him from Los Angeles to San Francisco to New York City, where he and Seth were able to connect on two rent stabilized apartment buildings in Washington Heights. In this episode you’ll hear how Aron completed a dozen individual transactions over the course of his exchange timeline, as well as his unique perspective on landlord/tenant interactions and how he's been managing those relationships in one of Washington Heights’ most historic buildings.Get the late...
2023-07-0352 min
New York City Multifamily PodcastNYC Multifamily Lending Environment with Shamir Seidman and Judah HammerShaun Riney and Seth Glasser are joined by Shamir Seidman and Judah Hammer from Meridian Capital Group. Shamir and Judah have each been in the mortgage brokerage business for over 15 years and provide a unique perspective on today's lending environment. This episode covers the challenges lenders are facing and how that's impacting transactions. As the headwinds of the banking industry collide with expiring loans on rent regulated buildings, a shift in the market is coming. The question is what's that shift going to look like?Get the latest updates on Instagram : www.instagram.com/newyorkmultifamilywww.n...
2023-06-2150 min
New York City Multifamily PodcastEpisode 3: Triple Net Leases and 1031 Exchanges with Glen KunofskyJoe Koicim is joined by long-time friend and colleague, Glen Kunofsky, Founder and CEO of the NNN Pro Group, the market leading net-lease brokerage team in the country. Glen and his team have completed over 5.6 billion in sales this past year. This episode covers 1031 exchanges, bonus depreciation, and Glen and Joe’s many collaborations, in which they've helped clients increase cash-flow while getting away from the grind of owning NYC real estate.Get the latest updates on Instagram : www.instagram.com/newyorkmultifamilywww.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com...
2023-06-0743 min
New York City Multifamily PodcastEpisode 2: New York City Real Estate Law with Christina Smyth and Alex FotopoulosJoe Koicim, Shaun Riney, and Seth Glasser are joined by Christina Smyth and Alex Fotopoulos, two lawyers that specialize in New York City real estate, often representing multifamily owners, operators, and management companies. Christina is also an Owner Representative on the incredibly important NYC Rent Guidelines Board. Alex practices law with a particular emphasis on rent regulatory issues and matters concerning DHCR. Get the latest updates on Instagram : www.instagram.com/newyorkmultifamilywww.newyorkmultifamily.comGet the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.com...
2023-05-2443 min
New York City Multifamily PodcastEpisode 1: New York Multifamily Market Update with Joe Koicim, Shaun Riney, And Seth GlasserWelcome to the New York Multifamily Podcast, where the leaders of New York’s #1 mid-market multifamily sales team discuss the state of the market and explore topics like who’s buying and selling, the obstacles impacting transactions like legislation and compliance, and where we see the best opportunities in the market. Normally we will be joined by a guest, but since this is the first episode you'll be hearing exclusively from our hosts: Seth Glasser, Joe Koicim, and Shaun Riney. Get the latest updates on Instagram : www.instagram.com/newyorkmultifamilywww.newyorkmultifamily.comGet the...
2023-05-0828 min
Behind The Bricks2022 Q4 New York Multifamily Market and Policy Update with Jay Martin and Christina SmythToday you're going to be hearing from New York Multifamily partners Joe Koicim, Seth Glasser, and Shaun Riney, as they discuss the state of the New York Multifamily market going into Q4. Joining us will be frequent guest Jay Martin, Executive Director of the Community Housing Improvement Program and DHCR guru Christina Smyth, Founder of Smyth Law PC (and newly appointed member of the Rent Guidelines Board). We'll be discussing: trends in the market, CHIP's Court Case vs. HSTPA, a new DHCR proposal eliminating vacancy combinations, and finally, Good Cause Eviction. There is lots happening in N...
2022-11-0854 min
Behind The Bricks2022 Q4 New York Multifamily Market and Policy Update with Jay Martin and Christina SmythToday you're going to be hearing our fourth quarter New York Multifamily Market and Policy Update. Joining us will be frequent guest Jay Martin, Executive Director of the Community Housing Improvement Program and DHCR guru Christina Smyth, Founder of Smyth Law PC and newly appointed member of the Rent Guidelines Board. We’ll be discussing: The latest trends in the Multifamily Market CHIP’s Court Case vs. HSTPA New DHCR proposal eliminating vacancy combinations Good Cause Eviction We’re very excited to be sharing this with you and hope you enjoy. Let’s go behind t...
2022-11-0154 minBehind The Bricks2022 Q1 Recap - Joe Koicim, Shaun Riney, Seth GlasserToday we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss how the market has changed so far this year and how it will continue to change. Where are rents headed? Will rates continue to rise? How are buyers and seller reacting to these changes? We dive deep into the dynamics of the current NYC multifamily market so let's get into it… as we go Behind the Bricks with Joe, Shaun, and Seth... Get the latest updates on Instagram : www.instagram.com/n...
2022-05-1028 minBehind The Bricks2021 Recap and 2022 PreviewToday we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to wrap up 2021 and discuss what may be in store for the NYC Multifamily market in 2022. Why did the activity this year exceed our expectations? Will this trend of rising velocity continue? Who's buying and who's selling in today's market? How will continued rental growth affect underwriting moving forward? What is the biggest risk out in the market right now? We cover a lot in this episode so let's get into it… as we go Behind...
2021-12-2336 minBehind The BricksNYC Q4 Market Update with Joe Koicim, Shaun Riney, & Seth GlasserToday we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss what the NYC Multifamily market looks like now and what may be in store for the rest of 2021. New York is well on its way to returning to normal. How is this crossing over to the investment market? We discuss how owners have adapted this year, and what opportunities are currently on the table. With this panel of experts, we discuss which segments of the market will fully recover, and which will be t...
2021-09-2833 minBehind The BricksNYC Market Update – Joe Koicim, Shaun Riney, Seth GlasserToday we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss the NYC Multifamily market now and what may be in store for the rest of 2021. The energy rising in the streets of the city and many other indicators say that New York is returning to normal… What does that mean for the market? What direction are prices and rents trending? We discuss what we are seeing in transactions that is not being reported in the press. We also share what buyers should be keeping an eye...
2021-06-1128 minBehind The Bricks2021 Outlook for NYC MultifamilyToday we sit down with my partners of the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss the NYC Multifamily market in 2021. We will hit a variety of topics and dive into questions such as, What factors will cause this year to play out in a positive way? What sectors of the market will see the most appreciation? Who are the new buyers entering the market? How will politics change the trajectory of NYC multifamily? And finally, what obstacles will appear down the road? Ultimately, there are opportunities to buy whi...
2021-02-1125 minBehind The BricksCoronavirus & NYC Multifamily Pt. 3On this quick episode of Behind the Bricks myself, Joe Koicim, Shaun Riney, and Seth Glasser share our third update in our series of conversations on the impact of the Coronavirus on the New York City multifamily market. You will hear about the types of buyers coming into the market, the areas with the highest deal velocity, and the challenges and opportunities emerging closing deals. Since March 15th our team has closed 21 deals, signed 26 contracts, and have another dozen contracts out. Taking advantage of these opportunities requires insight and a bit of patience today. ...
2020-10-1318 minBehind The BricksCoronavirus Impact on NYC Multifamily Part 2Have a question you'd like answered on an upcoming episode? Call and let us know what it is: 646-450-1833. In this episode we take the impacts of COVID-19 a step further. With NYC being the epicenter of the pandemic our multifamily team has been directly dealing with the rapidly changing NYC multifamily market: All property operators, sellers and buyers are affected and have questions about how to navigate. In this episode Joe Koicim, Seth Glasser, and Shaun Riney and I discuss: • How certain NYC rental markets will be affected differently • ...
2020-05-1327 minBehind The BricksCoronavirus Impact on NYC MultifamilyHave a question you'd like answered on an upcoming episode? Call and let us know what it is: 646-450-1833. As all of us in the NYC Multifamily industry make adjustments in our personal and professional lives, we wanted to share how the coronavirus is impacting NYC multifamily. This week I sat down, over video chat, with my partners: Joe Koicim, Seth Glasser, and Shaun Riney and we discussed: What's the #1 question all NYC owners are asking right now? Why will beginning of April be important for the multifamily market? Wh...
2020-03-2718 minBehind The BricksThe 2019 NY Rent Laws (Part 2 – Brokers)Welcome to part 2 of this special series where we take a deep dive into the recent changes made to the rent laws in New York. In many ways the new laws have radically transformed how business is conducted and the quality of housing. In the previous episode we heard the perspectives of two owners — (If you didn't have a chance to listen that one, you can go back to hear their thoughts)… In Pt.2 of this series, I am joined by my partners Joe Koicim, Shaun Riney and Seth Glasser who will provide insight from "inside" the indu...
2019-07-0844 minBehind The Bricks2019 Multifamily Outlook -- Joe Koicim, Shaun Riney & Seth GlasserOn this special episode of Behind the Bricks, I am joined by my partners Joe Koicim, Shaun Riney and Seth Glasser for an end-of-the-year recap and glance at our predictions for 2019. Let's dive in about how 2018 has fared and how we believe 2019 will play out in the NYC Multifamily market. There are changes on the horizon. Unlike other episodes, we dive into some market metrics here discuss specifics about Manhattan, Brooklyn, Queens and the Bronx. On a more personal level, we also touch upon some personal stories that are quite entertaining... Than...
2018-12-2842 minBehind The Bricks2018 Outlook with Joe Koicim, Shaun Riney & Seth GlasserIn this special episode of Behind the Bricks, I am joined by my partners Joe Koicim, Shaun Riney, and Seth Glasser for an end-of-the-year recap and glance at our predictions for 2018. As the last release of 2017, I would like to say thank you to our listeners throughout this year – for both your comments and feedback and for helping to make this show the #1 podcast about the NYC multifamily market. Join us as we discuss how 2017 has compared to our predictions and how we believe 2018 will play out. Unlike other episodes, we will dive into some ma...
2017-12-2647 min