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Seth Glasser

Partner

212-430-5136
sglasser@mmreis.com

260 Madison Avenue, New York, NY 10016

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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

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Latest Articles

ArticleMarket Insights
March 11, 2025

Optimizing Outcomes in the Rent-Regulated Sector: A New Approach for Banks

As the debt market goes, so goes the real estate market. Banks play a pivotal role in driving transaction velocity and pricing power. However, many banks are slow to adjust their strategies to shifts in the rent-regulated market, either failing to recognize changes or lagging a full year behind in response. With COVID-era financing reaching maturity over the next 18 months, banks must take proactive steps to facilitate refinancing, workouts, note sales, deeds in lieu, or short sales. The Challenge with Rent-Stabilized Notes When a borrower defaults, a lender’s first…
ArticleMarket Insights
January 16, 2025

Results Of Overregulating The New York City Multifamily Housing Industry

Dear Governor Hochul, We share the same mutual interest in the success of the New York City housing industry. I’m one of many salespeople representing property owners of rent regulated apartment buildings. I’m writing this letter to you on behalf of an entire industry inclusive of landlords and lenders who are too afraid to publicly tell the truth in fear of reparations, vilification, or rent strikes. We love New York City. We work, play, live, and pay taxes to the greatest city in the world, and we are here to…
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…

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