Behind The Bricks

Today you're going to be hearing from New York Multifamily partners Joe Koicim, Seth Glasser, and Shaun Riney, as they discuss the state of the New York Multifamily market going into Q4. Joining us will be frequent guest Jay Martin, Executive Director of the Community Housing Improvement Program and DHCR guru Christina Smyth, Founder of Smyth Law PC (and newly appointed member of the Rent Guidelines Board).

We'll be discussing: trends in the market, CHIP's Court Case vs. HSTPA, a new DHCR proposal eliminating vacancy combinations, and finally, Good Cause Eviction. There is lots happening in NYC Multifamily... lets and explore and go behind the bricks… with Joe, Seth, and Shaun...

Reach out to the team!

Seth Glasser

212-430-5136

[email protected]

Joe Koicim

212-430-5147

[email protected]

Shaun Riney

718-475-4369

[email protected]

www.newyorkmultifamily.com

Today we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss how the market has changed so far this year and how it will continue to change.

Where are rents headed? Will rates continue to rise? How are buyers and seller reacting to these changes?

We dive deep into the dynamics of the current NYC multifamily market so let's get into it… as we go Behind the Bricks with Joe, Shaun, and Seth...

Get the latest updates on Instagram : www.instagram.com/newyorkmultifamily

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/

Today we sit down with a New York Multifamily Partner, our own Seth Glasser. Seth is one of the foremost experts on the multifamily landscape of Upper Manhattan and the Bronx. Few people, if any, know more about the nuances of the rent stabilized side of the market than Seth.

In this episode we break down some of Seth's most recent transactions. We analyze the renewed focus buyers have on quality and location, break down the misnomers surrounding the rent laws of 2019, and the importance of building size and scale in the current market.

This is a quick discussion, but we cover a lot of topics. So let's go Behind the Bricks… with Seth Glasser.

Get the latest updates on Instagram : www.instagram.com/newyorkmultifamily

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/

Today we sit down with a man of many talents. Greg Lindsay is a journalist, urbanist, futurist, and speaker. He is a partner at the geo-strategic and climate advisory firm FutureMap, the senior fellow for applied research and foresight at NewCities, a senior fellow of MIT's Future Urban Collectives Lab, and a non-resident senior fellow of The Atlantic Council's Scowcroft Strategy Initiative.

Greg is an expert in urban planning with an eye and mind focused on the future. In this episode we discuss what lies ahead for real estate in New York City and the country.

Interestingly, Greg is also a former Jeopardy Champion who actually defeated IBM's Watson supercomputer... So without any further ado lets go Behind The Bricks… with Greg Lindsay.

Get the latest updates on Instagram : www.instagram.com/newyorkmultifamily

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/

Today we sit down with Jesse Terry, Managing Director at HUBBNYC. HUBBNYC is a privately held New York City real estate operating company that owns approximately 80 multi-family, retail, and mixed-use properties in Manhattan.

Jesse uses his unique perspective on NYC real estate to answer the big questions on the minds of investors... Such as:

What metrics are HUBBNYC using to evaluate the future of the NYC market? Is the demand for high quality here to stay? How will the office space sector recover from the pandemic? Are interest rates the biggest risk factor for 2022? And many others..

What are the trickle down effects of the "work from home" movement? What reasons do we have to be optimistic about the health of the market?

We have a long relationship with Jesse, so please enjoy as he dishes out a lot of knowledge in this discussion. Let's go Behind the Bricks… with Jesse Terry.

Get the latest updates on Instagram : www.instagram.com/newyorkmultifamily

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/

Today we sit down again with Jay Martin, Executive Director of the Community Housing Improvement Program. CHIP is a trade association for owners of over 400,000 rent-stabilized rental properties across New York City's five boroughs. This is Jay's 3rd time on this podcast, and he is always full of useful intel.

In this episode, we discuss what CHIP has been up to over the past year, effective long-term solutions for housing affordability, the dangers of "Good Cause Eviction", and the importance of educating the public.

We also dive into what to expect from the Mayor-elect Eric Adams of New York City-based on Jay's conversations with the man himself.

Jay has a lot of important lessons on each topic, so let's go... Behind the Bricks… with Jay Martin.

Get the latest updates on Instagram : www.instagram.com/newyorkmultifamily

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/

Today we speak with Matthew Lesser, Senior Partner of Leslie J. Garfield. Matthew has represented over $1.5 billion townhouse deals and was recently recognized as "Top Agent" by The Real Deal Magazine.

The townhouse world in NYC has always been adjacent to the multifamily market and sometimes crosses over into investment territory. In this episode we discuss surprises the pandemic had on the NYC Residential market, and the inherent value of townhouses in the current environment. Over time, Matthew has witnessed changes in the asset class which can help investors create future value.

Matthew is a thorough expert when it comes to his niche and he has mush wisdom to impart so let's get into it… as we go Behind the Bricks... with Matt Lesser.

Get the latest updates on Instagram : www.instagram.com/newyorkmultifamily

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/

Today we speak with Matthew Lesser, Senior Partner of Leslie J. Garfield.  Matthew has represented over $1.5 billion in residential, commercial and institutional real estate, and has been responsible for the sale and leasing of over 175 properties. He was recently recognized as one of the top 15 agents in New York by The Hollywood Reporter, and has been consistently ranked a “Top 100 Residential Agent” by The Real Deal Magazine.

In this episode we discuss the impact the 2019 rent laws and the pandemic have had on the NYC Residential market, the inherent value of townhouses in the current environment, and the changes Matthew has witnessed throughout his time in business.

Matthew is an expert when it comes to his niche with a lot of wisdom to impart so let’s get into it… as we got Behind the Bricks

Today we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to wrap up 2021 and discuss what may be in store for the NYC Multifamily market in 2022.

Why did the activity this year exceed our expectations? Will this trend of rising velocity continue? Who's buying and who's selling in today's market? How will continued rental growth affect underwriting moving forward? What is the biggest risk out in the market right now?

We cover a lot in this episode so let's get into it… as we go Behind the Bricks with Joe, Shuan, and Seth...

Get the latest updates on Instagram : www.instagram.com/newyorkmultifamily

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/

Today we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss what the NYC Multifamily market looks like now and what may be in store for the rest of 2021.

New York is well on its way to returning to normal. How is this crossing over to the investment market? We discuss how owners have adapted this year, and what opportunities are currently on the table.

With this panel of experts, we discuss which segments of the market will fully recover, and which will be the best places to find upside. As well as which you should avoid. What have been the biggest surprises of 2021 thus far? Is it a buyers' or sellers' market right now? Furthermore... is it time for rent stabilzied assets or free market?

We cover a lot in this episode so let's get in to it… as we go Behind the Bricks with Joe, Shaun, and Seth...

Get the latest updates on Instagram : www.instagram.com/newyorkmultifamily

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/