CUNY TV's The Stoler Report

Asked why they were in the business, young real estate professionals talked about their families, the influence of college internships, their love of the energy and competitive spirt of real estate. All confirmed the value of patience and good networking.

Noting that markets and builders are different - panelists agreed that the condo market is very much alive and doing well, especially when the quality product is delivered - at the right price - to the right market!

The business of real estate, requiring access to capital, turns to banks, insurance companies and to private equity firms. Guests discuss the importance of private debt lenders, emphasizing their requirement of the same documentation demanded by banks.

Harlem, Inwood, Washington Heights - East River Plaza, Columbia University development, Hamilton Heights, new construction on 125th Street and more - a lot of activity - North of 96th Street.

Discussing residential market dips, panel noted that while "seasonal," rentals were picking up! Commenting that NY's rental market continues to grow, panel named The Bronx-family-sized apartments/good transportation of interest to students and workforce.

What makes Brooklyn so HIP - so HOT? Guests suggest the energy, a long history dedicated to success, a belief that the borough represents a cultural melting pot, promoting opportunity for business and for a better way of life.

High on a list of NY "must-sees" for both locals and out-of-towners is Times Square. New attractions: SPYSCAPE and Ocean Odyssey, unique entertainment experiences, the Brooklyn Diner & Bond 45-good food make Times Square part of the NY experience.

The MLS service, appraisal functions, mortgage acquisition-steps, among others, fundamental to the real estate operation. Technology developers/co-founders of new companies, a tech investor discuss products' contribution to the real estate industry.

In operation from 1801 until 1966, the Brooklyn Navy Yard has come back to life as an urban manufacturing center with some 300+ businesses employing 7,000 people. Guests discuss business growth along with services from the BNY Development Corporation.

Guests discussed many aspects of the real estate market: retail, "a tough asset class," hospitality, WeWork, the office market, residential stock and locations: NYC, the Boroughs, Jersey City, Newark foresee strong demand, "a better year than last year."