CUNY TV's The Stoler Report

Cookies, cakes, breads, chocolates - all handmade, in New York. The products are fresh, beautiful, delicious. But, what does it take to develop and run this kind of business? Who are your customers? Where do you locate your shops? Whom do you hire?

Fitness clubs, "salad" places, healthcare facilities-some new businesses to compliment modern trends. Healthcare facilities may have shifted from physicians/hospitals to provide greater neighborhood access; fitness clubs support concern for appearance.

With lenders, buyers and buyer/sellers, Michael Stoler asks their appraisal of the very hot residential market. Discussion followed about a lack of structure; the future of interest rates; and the sustainability long-term of transactions made today.

What a great opportunity! to step into your grandfather's or your father's business! to keep the business in the family! to continue traditions started long ago. Michael Stoler's guests discuss highs and deep lows of their job as "keeper of the flame."

Times Square's restaurants, retail, hotels, theaters, clubs-attracts 330,000 people every day! Many are visitors; and many work in the already established and newly establishing businesses. Excellent transportation brings high tech offices to the area.

Modern, contemporary, hip or classic, conservative, old-world; Manhattan or the Boroughs (primarily Brooklyn); open floor plan, outdoor space, big windows and, of course, amenities. Many considerations for renters and developers of office space.

Host Michael Stoler greets his guests J. McMillan, DDG; J. Bergstein, Lincoln Equities Group; K. Horn, Alchemy Properties; and J. Levine, Douglaston Development, saying "I can't believe its 2012. The condo market, rental market just like 2007.

Are the "happy days" of the 2007 real estate market back? Property values going up, surprising some at the speed that real estate has come back. Supply is thin; demand robust making for a tight rental market. Cautious optimism or concern over speculation?

Eleven Thousand hotel rooms have been built in New York, over the past few years, with an occupancy rate of 82%. Stoler and his guests ask: what's the effect of "limited" service hotels? and, is there too much supply?

Fifty-four million people visited New York in the past year; filling hotels, restaurants, and theaters. Word-of-mouth and more recently, the use of social media, sells tickets. If you'd like to be an "angel" for fun and profit, invest in musicals.