CUNY TV's The Stoler Report

Disturbances around the world have made New York and other world capitals attractive havens for capital. While London was described as even more expensive than New York, the group talked about the "investment values" to be found in NY and the boroughs.

There's an awful lot of capital coming into New York from all over the world, agree Michael Stoler and guests, confirmed by many issues including a run-up in of prices in Brooklyn. New Mayor, New Year, New Opportunities ahead!

Michael Stoler's guests consider the law of supply and demand, concluding that there's "a lot of capital chasing a few deals." The group discusses the best places to buy: Bronx? lower Manhattan? Outer Boroughs? Brooklyn? Retail, Hospitality, Office Space?

Brooklyn is booming! Jobs are growing; people are moving to or back to the borough; industry has been redefined and includes medical service and high tech industries; the apparel industry attracts young designers to work and experiment.

The topic is "networking" and one of the words most used by Michael Stoler and his guests in discussing this topic is "trust." All agreed that networking was like matchmaking; people need to know one another and trust one another to benefit both parties.

Jersey City, NJ is a 24/7 community, with lots going on; for business an "uncovered gem," and for New Yorkers - lower rents. Michael Stoler and guests highlight the benefits of Jersey City - hospitality centers, cultural projects, creative financing.

Michael Stoler and guests, from the hospitality industry in New York, confirm that more hotels are being built for the ever increasing number of visitors to New York. Boutique hotels, full service and select service hotels will surpass their peak of 2007.

Michael Stoler and guests, from community banks, talk about the objectives of the community bank: to lend to the community, to help small and medium business grow in the community, to do what large banks don't do.

Cranes, construction, parking lots-gone; land is very expensive (Manhattan really is an island). Condo's are worrisome; rentals feel more comfortable. Lenders looking for well-positioned deals. And what about affordable housing?

Cutting-edge design and construction: modular units, pre-fabricated in the Brooklyn Navy Yard; housing developments combining luxury, middle and low income units; demand for larger units to raise families in the city; quality at lower cost.