What does it take to tackle NYC’s affordable housing crisis—and why does the system feel so broken?  

In this episode of the Broker Brunch podcast, we sit down with Peter Fine, one of New York City's most influential real estate developers and Chief Executive Officer at Atlantic Development Group. 

With a portfolio of over 7,000 apartments and decades of experience in affordable housing, Peter shares his unfiltered perspective on what’s wrong with NYC’s housing policies and how the city can do better.  

We explore Peter’s journey from growing up in public housing to becoming a real estate titan, and his unwavering commitment to creating homes for working-class and underserved communities. From the challenges of zoning and bureaucracy to the rising complexities of mixing special-needs housing with affordable units, Peter sheds light on the real issues shaping NYC’s housing landscape.  

Key topics include:  

• The evolution (and failures) of affordable housing in New York.  
• Why zoning laws and government policies often backfire.  
• Peter’s innovative vision for the Bronx and beyond.  
• The personal side of real estate: estate planning, family impact, and legacy.  
• Lessons learned from a career rooted in social work and community impact.  

Peter also shares his thoughts on the future of real estate in NYC, the role of market-driven solutions, and his exciting new ventures in Miami. 

Don’t forget to like, subscribe, and hit the bell for more in-depth conversations with real estate’s industry leaders!


Our Socials:
Brian Whelan: https://www.linkedin.com/in/brian-whelan-43155850/
Mitchel Flaherty: https://www.linkedin.com/in/mitchel-flaherty-7b4b1064/

(00:00) Introducing to Peter Fine  
(00:34) NYC’s Affordable Housing Challenges  
(03:40) Why Peter Fine Avoids Social Media  
(05:06) From Public Housing to Real Estate Titan  
(08:31) Affordable Housing Policies  
(12:07) Addressing NYC’s Homelessness Crisis 
(19:06) The New York City American Dream 
(21:59) The Bronx vs. Brooklyn: Real Estate Opportunities  
(27:19) The Importance of Estate and Trust Planning  
(33:07) Challenges with NYC’s Current Affordable Housing System  
(37:44) Exploring New Opportunities in Miami Real Estate  
(45:48) Solutions for NYC Housing  
(48:24) Future Developments and Policy Changes