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New York City Multifamily PodcastPodcasts

Episode 38: New York City Housing Policy with NYAA CEO Kenny Burgos

Shaun 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…
Jake Toth
November 4, 2024
New York City Multifamily PodcastPodcasts

Episode 37: 2024 Q4 NYC Multifamily Market Update

In 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. Listen on Spotify Listen on Apple Podcasts Get the latest updates on Instagram:  https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.com
NYM Group
October 17, 2024
New York City Multifamily PodcastPodcasts

Episode 36: Lending Strategies in Today’s Market With Vince Giovinco

Joe 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. Listen on Spotify Listen on Apple Podcasts Get the latest updates on Instagram:  https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.com
NYM Group
October 4, 2024
New York City Multifamily PodcastPodcasts

Episode 35: Navigating Your Own Distressed Real Estate With Shlomo Chopp

Shaun Riney and Seth Glasser are joined by Shlomo Chopp, Managing Partner of Case Equity and expert in all things "distressed". In this episode Shlomo delves into the strategic maneuvers needed to manage distressed assets effectively. We discuss the challenges borrowers are facing, the intricacies of negotiating with lenders, and the importance of early intervention. Listen on Spotify Listen on Apple Podcasts Get the latest updates on Instagram:  https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.com
NYM Group
August 7, 2024
New York City Multifamily PodcastPodcasts

Episode 34: Scaling Cash Flowing Real Estate and an Update on the Florida Multifamily Market with Ryan Tseko of Cardone Capital

Shaun 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. Listen on Spotify Listen on Apple Podcasts Get the latest updates on Instagram:  https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.com
NYM Group
July 23, 2024
New York City Multifamily PodcastPodcasts

Episode 33: Finding Success In NYC Affordable Housing With Rick Gropper

Shaun 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. Listen on Spotify Listen on Apple Podcasts Get the latest updates on Instagram:  https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.com
NYM Group
July 10, 2024
New York City Multifamily PodcastPodcasts

Episode 32: A Guide to Global Capital with Eric Anton & Nelson Lee

Shaun 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…
NYM Group
June 18, 2024
New York City Multifamily PodcastPodcasts

Episode 31: 2024 Q2 NYC Multifamily Market Update

As 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. Listen on Spotify Listen on Apple Podcasts Get the latest updates on Instagram:  https://www.instagram.com/newyorkmultifamily https://www.newyorkmultifamily.com
NYM Group
June 6, 2024
New York City Multifamily PodcastPodcasts

Episode 30: Analyzing The Effects Of The 2025 Budget On NYC’s Housing Market

For 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 · …
NYM Group
May 22, 2024
New York City Multifamily PodcastPodcasts

Episode 29: Navigating Real Estate Tax Law With Matt Rappaport

Shaun 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. Listen…
NYM Group
May 17, 2024