Skip to main content

Seth Glasser

Partner

212-430-5136
sglasser@mmreis.com

260 Madison Avenue, New York, NY 10016

Linkedin

Seth's Q&A

What are the things you enjoy most about the brokerage business?

  • It’s a marathon and a sprint every day.
  • Having complete autonomy of your daily tasks, earnings, and personal life balance is very unique.
  • You can learn something new every day just by picking up the phone.

01

What is something most people don’t know about being a broker?

When you’re up all night worrying about a deal and wake up with a smile on your face you know you’ve made it over the hump.

02

What are some activities you wish you did more of?

Scuba diving and backpacking – basically any outdoor activity with people I love where there is no cell phone service.

03

Professional History

Seth Glasser is a Partner at Marcus & Millichap’s New York Multifamily Group.  Since inception in 2002 the New York Multifamily Group averages 100 transactions per year and amassed $8 billion in lifetime sales. Since joining in 2009, Seth now heads the team’s business in Upper Manhattan and The Bronx and spends a considerable amount of his time growing the team’s capabilities ensuring the highest results for clients. His monthly articles on market nuances earned a reputation as being candid guidance and trendsetting thought-leadership.  As a co-host of the New York City Multifamily Podcast, he leads insightful conversations with industry experts and provides high quality information for the market.

Seth’s diversified experience in selling apartment buildings with HAP contracts, regulatory agreements, tax credits and SROs has enabled him to develop the skill-set necessary to navigate the constantly evolving New York City housing regulation system. He has successfully maximized value for his clients during uncertain economic times by sourcing capital from across the city, the nation, and overseas. Private individuals, institutional funds, syndicators, foreign investors, and non-profit organizations continue to look to Seth for guidance that leads to financially rewarding results.

Seth graduated with a dual degree in Economics and Finance from Muhlenberg College. Outside the office, Seth and his wife Sara enjoy raising and loving their children Zachary and Emma in New Jersey.

Seth’s Newsroom

Latest Podcast Episode

View All Podcast Episodes

Latest Articles

ArticleMarket Insights
October 29, 2024

The Economical Reason Why Banks Should Embrace Short Sales: Our Solution to Revitalize the Multifamily Market

The Problem In the past five years the New York City multifamily market has experienced tremendous fluctuations. The passing of HSTPA in June of 2019 was the starting point of a transformative marketplace.  COVID ushered in new regulations and record low interest rates. This was quickly replaced with rapid rates hikes causing valuations to drop precipitously. Minimal rental increases for rent stabilized properties combined with upwards pressure on costs have created a distressed situation for both borrowers and lenders. Cash flow constraints, depressed valuations, and rates doubling when loans roll…
ArticleMarket Insights
September 24, 2024

Bridging the Gap Between Buyers & Sellers: The Shifts in NYC Underwriting

Despite being in the commercial real estate business and not the residential market there is a surprising amount of emotion involved in my day to day. Many of the clients our team has represented in 2024 have been selling long-held family heirlooms disguised as rent stabilized apartment buildings. My goal is to clarify the underwriting norms for rent-regulated buildings in 2024, easing emotions and setting realistic expectations from the onset. How We Got Here New York is different than the rest of the country. Vacant buildings can often be more…
ArticleMarket Insights
July 9, 2024

2024 Sellers: How To’s & What’s Coming

My team and I often get asked: who are the buyers and sellers, and are deals actually getting done? Transactions are happening but there are more obstacles than ever before. Our team has taken on a record amount of new inventory and the pace seems to be increasing each month. The motivation behind new inventory is driven by maturing or rollover debt, sellers not seeing a path to profitability, inability to complete or pay for compliance mandates, and general management fatigue. Rent stabilized buildings aren’t selling themselves. The broker, as…

Latest Deals of The Week

View All Episodes

Seth’s Recent Closings on Traded