CUNY TV's The Stoler Report

nvestment sales leaders discuss pros and cons of: Opportunity Zones-a new source of capital to support affordable housing; Amazon-great for the whole city but people will be displaced; Eonomy-multi-family has become a challenged asset; better next year.

Algorithms, AI, sensors, visualization of products, robotics, capturing data...with data used effectively, decision making will be better, cheaper, faster resulting in better results.

Coney Island has caught the eye of developers after 30 years of indifference. Developers and bankers enthusiastically discuss both luxury and affordable residential projects, increased retail, medical facilities and more.

Beautiful boardwalks, walkable downtowns, great views, good transportation have attracted development to Yonkers & New Rochelle! Active pro-development support from communities and elected officials is important to successful planning and implementation.

Discussing clients' search for office space, panelists agreed - seekers have choices! They are looking at different markets: the Hudson Yards, in Brooklyn, Queens, LIC, Industry City, the Navy Yard "...in areas they may never have considered before!"

The rental business may be a "great business," but it's a difficult business, panelists agreed, discussing who are the renters: students, younger professionals, newcomers to an area. Also - condos vs. rentals, affordable & senior housing, the Bronx!

NY hosts 62 million visitors, a year! 115,000 hotel rooms are now available with a goal of 130,000 rooms. Guests discussed non-branded/branded hotels, food & beverage facilities, banks lending to hotels, agreeing that hotels - not for the faint-hearted.

Regional banks serve their supporters with quick services and support designed to encourage a business community's growth. Guests discussed the work-life balance these institutions provide as many employees live in the community.

The Bronx-Mott Haven, South Bronx, Arthur Ave, transportation, affordable & market rate construction; projects with St. Barnabas supporting good health, affordable & supportive housing; artists, "hipsters"; foreign & local investors - the Bronx is booming!

In Part 2/2 of their conversation, chef/owners soberly discuss issues of concern to the hospitality industry: staffing and labor costs, turnover and employee loyalty, food halls and fast-casual dining, exorbitant rents, how to create equality in the "front and back of the house."