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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
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…
ArticleMarket Insights
April 8, 2024

Sell Now or Wait? Things To Consider Before Deciding

People decide to sell real estate to solve a problem, capitalize on an opportunity, or realize a profit.  Management fatigue is also motivating people to transact. Our team receives countless requests for opinions of value and often the client says, “I can’t sell at that price.” What I’ve noticed is that the people who are contemplating selling are looking for a mathematical reason why it makes sense. The math doesn’t look great, but that doesn’t mean you shouldn’t sell. We continue to sell rent stabilized buildings at negative leverage on…
ArticleMarket Insights
February 8, 2024

Step By Step Process: How I Executed My 1031 Exchange

Listen to an audio narration of this article I’ve been helping clients sell apartment buildings and buy triple net leases for almost 15 years. In almost every scenario the client is initially hesitant to get into something new. After all, the devil you know is better than the devil you don’t. With the challenges facing property owners in New York, this sentiment has started to shift. Private clients are starting to look for the exit ramp but don’t know exactly where to go or how to get there.  I wrote…

Latest Deals of The Week

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Seth’s Recent Closings on Traded