Podcasts about rebny

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Best podcasts about rebny

Latest podcast episodes about rebny

Smart Money Circle
#1 Real Estate Agent In NYC Is Now The CEO of A $100M Private Equity Firm. He Uses AI to Invest Smarter...

Smart Money Circle

Play Episode Listen Later Jan 29, 2025 22:04


Think Big - This $100M Private Equity CEO Uses AI To Invest In NYC Real Estate Guest: Ilan Bracha, CEO and Founder, of IB Global Private Equity $100M Best Advice: Think Big ABOUT IIAN BRACHA: Drawing from over 25 years of experience, Ilan has found continued success through consistently identifying lucrative residential properties and staying ahead of market trends. Ilan has appeared on numerous TV networks such as CNBC, has been quoted widely in the media, including The New York Times, The Wall Street Journal, The Real Deal, former board of directors for REBNY, and is a frequent presenter and consultant to major institutions in both NYC and Israel. IB Global leverages the company's extensive network and expertise to identify and capitalize on high-yielding residential properties. IB Global's funds provide investors with access to a diversified portfolio of high-quality residential assets, delivering attractive returns and long-term growth. ABOUT IB GLOBAL: With over 25 years of experience, IB Global Residential Real Estate Funds specialize in investment opportunities within the residential real estate sector. We leverage our extensive network and expertise to identify and capitalize on high-yielding residential properties. Our funds provide investors with access to a diversified portfolio of high-quality residential assets, delivering attractive returns and long-term growth. Website: https://www.ibg-funds.com/ | Linkedin: https://www.linkedin.com/in/ibracha

The Crexi Podcast
Building by Building: A CRE Legend's Philosophy

The Crexi Podcast

Play Episode Listen Later Feb 21, 2024 69:22


This episode dives into business-building strategies and decades of CRE mastery with Paul Massey, CEO/Founder of B6 Real Estate Advisors.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Ashley Kobovitch sits in the studio as Paul shares his journey from his early career at CBRE to creating Massey Knakal Realty Services and establishing B6 Real Estate Advisors. Offering valuable insights about investing and managing in the commercial real estate space, Paul emphasizes specialization, discipline, and being a servant leader as key tenets for success in this industry. He also shares his positive outlook for the industry's imminent recovery and encourages young professionals aspiring to enter the commercial real estate workforce.Their wide ranging conversation includes:Introduction and Guest BackgroundPaul Massey's Early Life and CareerFounding of Massey Knakal and its SuccessPaul Massey's Political CareerLaunch of B6 Real Estate AdvisorsPaul Massey's Personal LifeInterview Begins: Paul's Journey into Real EstateLessons from Early Career ChallengesNavigating Financial DifficultiesMentorship and Career HighlightsPaul's Political Career and Mayoral RunWork Ethic and Personal HabitsStarting B6 Real Estate AdvisorsThe Philosophy of “Building by Building, Block by Block”The Importance of Discipline and SpecializationThe Role of Culture in Business SuccessThe Power of Teamwork and DelegationThe Value of Specialization in BusinessThe Evolution of Business ModelsThe Impact of Market Changes on BusinessThe Importance of Training and DevelopmentThe Art of Client DifferentiationThe Power of Mentorship and Community InvolvementThe Current State of Commercial Real EstateAdvice for Young Professionals Entering the MarketThe Future of Commercial Real Estate & Sign-offsIAbout Paul Massey:Paul Massey was born in Boston, Massachusetts, where he attended the Roxbury Latin School. He graduated from Colgate University with a Bachelor of Arts in Economics in 1983.Mr. Massey began his career at CBRE and soon became head of the market research department in Midtown Manhattan, then as an investment sales broker.He founded Massey Knakal Realty Services with his colleague Robert A. Knakal, whom he met at CBRE. The company became the New York metropolitan area's dominant commercial investment sales brokerage firm. With over 225 employees serving more than 200,000 property owners, Massey Knakal Realty Services was consistently ranked New York's #1 investment sales firm in volume for 14 consecutive years.As CEO of Massey Knakal, he led the development of the firm's strategic initiatives, including geographic expansion as well as the growth of the firm's service lines. At the end of 2014, Cushman & Wakefield acquired Massey Knakal, and Mr. Massey was appointed President, New York Investment Sales.In 2017, Paul Massey ran as a Mayoral Candidate for New York City, primarily focusing on education, housing and homelessness while providing solutions for improving quality of life in the city.In July 2018, Mr. Massey and his partners launched a new commercial brokerage firm, B6 Real Estate Advisors, short for “Building By Building, Block By Block.” The investment sales and capital advisory firm specializes in middle-market ($1-$200 million). The firm employs a distinct Territory Network model that ensures its agents' sub-market expertise, an owner-aligned philosophy, and a technology-forward platform.Mr. Massey is a member of numerous organizations, including REBNY and The Lower East Side Tenement Museum. He is also an amateur boxer and an avid skier. He and his wife, Gretchen, have three children: a son, Paul III, and daughters, Sarah and Greta. He resides in Larchmont, NY. If you enjoyed this episode, please subscribe to our newsletter to receive the very next one delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi Insights. Ready to find your next CRE property? Visit Crexi and immediately browse hundreds of thousands of available commercial properties. Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi

The Real Estate Vibe!
Episode #134 The Insider's Edge to Real Estate Investing

The Real Estate Vibe!

Play Episode Listen Later Feb 13, 2024 37:33


In this enlightening episode, host Vinki Loomba is joined by James Nelson, a seasoned real estate investment sales broker with a remarkable track record of selling over 500 properties and loans totaling more than $5 billion. James Nelson, a renowned investment sales broker, leads Avison Young's Tri-State Investment Sales in NYC, boasting a 25-year career with 500+ properties and loans sold, surpassing $5 billion. Notable accolades include Commercial Observer's Power 100, CoStar's Power Broker, and REBNY's Deal of the Year. Additionally, Nelson is a prolific real estate investor, founding two funds exceeding $350 million, and hosts the podcast "The Insider's Edge To Real Estate Investing," alongside lecturing at prestigious universities such as Columbia, Fordham, NYU, Wharton, and Colgate, his alma mater.In this episode, Vinki and James delve into:✅ James Nelson's evolution from an aspiring real estate broker to a renowned industry authority and fund manager, directing two real estate funds with a total capitalization exceeding $350 million.✅ The "Insider's Edge" concept in real estate investment, illustrating how market inefficiencies can be exploited for significant gains.✅ Prevalent myths about entering the real estate market and strategies for overcoming these challenges.✅ The pivotal importance of education, networking, and mastering market dynamics to close the knowledge gap for investors.✅ Techniques for developing impactful relationships with brokers and leveraging insider information to identify profitable investment opportunities.✅ James shares his personal journey of initiating and managing real estate funds, providing an insightful look into the hurdles and triumphs of fund management.✅ Future market trends and guidance for investors aiming to make the most of the current real estate scenario.James Nelson shares his strategic approach to real estate investing and emphasises the importance of ethics, reputation, and the long-term perspective in building a successful career. This episode is a must-listen for anyone interested in real estate investing, from novices seeking to enter the market to seasoned professionals looking to enhance their strategic approach. Contact James Nelson - https://www.linkedin.com/in/jamesnelsonnyc/▶️ Show Your Love:If you found this episode valuable, we'd greatly appreciate your support! Leave us a five-star rating, and share your thoughts in the comments. Don't forget to like, share, and subscribe to ensure you never miss an episode of The Real Estate Vibe podcast.Follow us @https://twitter.com/loombainvesthttps://www.instagram.com/loombainvesthttps://www.facebook.com/Loombainvesthttps://www.linkedin.com/in/vinkiloomba#realestate #realstateinvesting #multifamilyinvesting #passiveinvesting

Minimum Competence
Tues 11/14 - SCOTUS "Code" "of" "Ethics," Special Counsel Says Trump Wants a Carnival, BK Judge Ethics Fallout, NYC Real Estate Brokerage Sued and Amazon <3s Casino Apps

Minimum Competence

Play Episode Listen Later Nov 14, 2023 8:48


On November 14th, in the context of legal history, the story of Ruby Bridges stands out as a pivotal moment in the civil rights movement, particularly in the desegregation of American schools. Born on September 8, 1954, in Tylertown, Mississippi, Ruby Bridges became a symbol of the civil rights movement on November 14, 1960, when she became the first African American child to integrate an all-white elementary school in the South, specifically William Frantz Elementary School in New Orleans, Louisiana.At the tender age of six, Bridges' entry into the school was not just a simple walk through its doors. Escorted by federal marshals amidst a hostile crowd, her brave step was a significant action following the landmark 1954 U.S. Supreme Court decision in Brown v. Board of Education, which declared state laws establishing separate public schools for black and white students unconstitutional.Bridges' integration of the school was the result of hard-won legal battles led by the NAACP, which sought to enforce the Supreme Court's decision. Her courage became a national symbol of the struggle to end segregation, challenging the status quo and societal norms of the time.Despite facing daily harassment and isolation (she was the only student in her class as others were pulled out by their parents), Ruby's perseverance was remarkable. Her teacher, Barbara Henry, from Boston, was the only one willing to teach her, and together they spent a year in a classroom, just the two of them.Her story highlights not only the legal struggles associated with civil rights but also the human element within these battles. The image of young Ruby, depicted in Norman Rockwell's painting "The Problem We All Live With," has become an iconic symbol of the civil rights movement.Ruby's journey was not just a legal milestone but also a deeply personal story of courage and resilience. It underscored the power of law to bring about social change and challenged Americans to confront their prejudices and work towards a more equitable society.In later years, Ruby Bridges has continued to be an active voice in the civil rights movement. She established the Ruby Bridges Foundation in 1999, promoting the values of tolerance, respect, and appreciation of all differences.On November 14th, we remember not just a legal victory in the annals of American history, but also the extraordinary courage of a little girl who stood up against racial segregation and in doing so, helped to change the course of history. Her legacy serves as a reminder of the ongoing struggle for racial equality and the importance of education in shaping a more just society.The U.S. Supreme Court has adopted its first-ever code of conduct in response to recent ethics controversies involving its justices. The code primarily consolidates existing principles and doesn't significantly change how the justices operate. It lacks a public complaint system or external review for alleged violations, aiming instead to clear up misconceptions about the justices being exempt from ethical rules. The move follows reports of Justice Clarence Thomas receiving extravagant gifts from a Republican megadonor, raising questions about the court's impartiality.Critics, like Democratic Senator Sheldon Whitehouse, have welcomed the step but point out the need for enforceable mechanisms to ensure compliance. The new code incorporates some rules from the Judicial Conference, like broader disclosure requirements for private plane flights and commercial property lodging, but stops short of a complaint system like that for lower federal judges.Chief Justice John Roberts has directed a review of best practices, but no concrete enforcement process or timeline has been established. All nine justices, including Thomas, who has faced intense scrutiny for his financial dealings and conduct related to the 2020 election, have signed the new code. The court's decision reflects ongoing discussions among the justices, with some expressing support for the initiative in recent months.Supreme Court Adopts Code of Conduct Amid Ethics Revelations (2)Under fire, US Supreme Court unveils ethics code for justices | ReutersU.S. Special Counsel Jack Smith accused former President Donald Trump of trying to create a "carnival atmosphere" at his trial over charges related to the 2020 election defeat. Smith argues that televising the trial, as Trump supports, would lead to distractions from the charges and a public relations campaign. This accusation follows Trump's behavior during a recent civil fraud case in New York, where he often evaded direct answers and made political statements. Trump's lawyers claim that not broadcasting the trial is part of a politically motivated effort by the Biden administration. Prosecutors oppose televising the trial, citing a longstanding rule against broadcasting criminal cases in federal court. Trump, facing four criminal prosecutions, has pleaded not guilty to all charges, including conspiring to illegally subvert the 2020 election results.Special counsel says Trump seeking 'carnival atmosphere' at 2020 election trial | ReutersThe Texas law firm Jackson Walker claims it was misled by former partner Elizabeth Freeman about her relationship with U.S. Bankruptcy Judge David Jones, who handled cases for the firm. Freeman had initially assured the firm that her relationship with Jones had ended, but it was later revealed they had been living together. This conflict of interest led to Jones' resignation in October after it became public. The U.S. Trustee is now seeking the return of millions of dollars Jackson Walker earned in cases presided over by Jones. The firm, however, did not disclose the relationship even after learning of it in March 2021, violating bankruptcy rules that require extensive disclosures of connections. Jackson Walker's lack of standard checks for relationships between its staff and judges has raised questions about the integrity of the bankruptcy system, with the U.S. Trustee arguing that the undisclosed relationship compromised the fairness of all cases involving the firm and Judge Jones. The situation further escalated when Freeman, after leaving Jackson Walker to start her own practice, was appointed by Jones to a lucrative position in a mediation case, without disclosing their relationship.Law firm tied to bankruptcy judge resignation says former partner lied | ReutersA lawsuit filed in Manhattan accuses the Real Estate Board of New York (REBNY) and over two dozen brokerages, including the Corcoran Group and Douglas Elliman, of conspiring to artificially inflate real estate agents' commissions in Manhattan residential sales. This follows a recent Missouri federal jury verdict awarding $1.78 billion in a similar case against the National Association of Realtors, which could potentially be tripled. The lawsuit claims that commissions in Manhattan remain at a stable 5% to 6%, despite soaring home prices, contrasting with more competitive markets like Brooklyn where commissions are lower and negotiated separately. The plaintiff, Monty March, argues that REBNY's listing service unfairly requires sellers to pay high commissions to buyers' brokers, citing his own experience of selling an Upper East Side apartment with inflated commissions. REBNY plans to change its rules from January 1, requiring sellers to directly pay commissions to buyers' brokers, aiming for more transparency. However, March questions if this will actually lead to lower commissions or create delays in sales negotiations. The lawsuit seeks damages for sellers who paid buyer brokers' commissions under REBNY rules in the last four years.Manhattan real estate brokerages are sued for inflating commissions | ReutersAmazon is facing a proposed class-action lawsuit alleging that it engaged in an "illegal internet gambling enterprise" by distributing casino-style apps and processing payments for virtual chips. The suit, filed by a Nevada resident who claims addiction to these online slot games, accuses Amazon of partnering with virtual casinos to offer over 30 illegal casino apps. This follows a 2018 U.S. appeals court ruling that deemed "social casino" apps illegal under Washington state law. The lawsuit alleges that Amazon, by offering these apps, effectively brought slot machines into consumers' homes continuously. Amazon has not yet responded to the lawsuit.Edelson, the law firm representing the plaintiff, is experienced in such litigation, having secured substantial settlements in related cases. The firm's Todd Logan, leading the gambling practice, expressed eagerness to bring the case before a jury. The games in question are free to play, offering virtual chips instead of cash payouts, but require users to purchase more chips to continue playing. The lawsuit contends that Amazon is aware of the illegality of these social casinos yet maintains a 30% financial interest in them. The plaintiff's lawyers estimate the class size to be tens of thousands, seeking damages and restitution. This case adds to ongoing legal challenges against tech giants like Apple, Meta, and Google over their roles in processing payments for social casino apps.Amazon sued over 'dangerous partnership' with virtual casino apps | Reuters Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

The Texas Real Estate & Finance Podcast with Mike Mills
Market Update Oct. 23, 2023: Rent Price Fixing, Buydowns Explained & How to win listing presentations

The Texas Real Estate & Finance Podcast with Mike Mills

Play Episode Listen Later Oct 23, 2023 21:32 Transcription Available


Welcome, listeners! Your host, Mike Mills, is here with another weekly Market update on the Texas Real Estate and Finance Podcast.Today, we're zeroing in on the pulse of the market. We'll be analyzing the latest real estate news and shining a spotlight on the high cost of living these days. This in-depth episode promises to give you a clear view of the current economic landscape, providing necessary insights as you navigate through it.Our main feature story will be the intriguing debate surrounding RealPage. Are they fostering a rental cartel or ingeniously preventing rents from spiraling out of control? We're delving into the heart of this controversy and you definitely won't want to miss it!Curious about interest rate buydowns? We're laying it bare - discussing their impact and why it's important to understand them. Should you use them, are they are good value, and what is the cost? Tune in and we will unlock the secret world of rate buydowns! But we're not stopping there! We're also revealing the top five home improvement projects that guarantee a healthy return on investment and attract more buyers for all your potential listings. From minor kitchen upgrades to the magic touch of refinished hardwood floors – we've got the pro tips that you need to get your listing sold off the market in no time. In this packed episode of the Texas Real Estate and Finance Podcast, we're providing you with knowledge and insights that promise to enlighten, inspire, and guide you whether you're a first-time home buyer, a renter, or an established investor. Don't miss out, tune in now!Timestamped Summaries: 00:00:09 to 00:00:40] Welcome to the Texas Real Estate and Finance Podcast. I'm your host, Mike Mills, a seasoned mortgage banker in the Dallas Fort Worth metroplex with over 13 years of experience in banking and finance. Today, I'm thrilled to bring you the latest installment of the real estate market update for the week of October 22nd. [00:00:41 to 00:01:16] Last week, I had the privilege of chatting with Sue Buswell, where we delve deep into the world of credit. We covered topics such as initiating proper credit management for your children, the intricacies of credit score calculations, strategies for managing debt and maximizing your credit score.[00:01:16 to 00:01:39] Nicole Christopherson, an accomplished Austin-based realtor who has successfully launched the Work Hard Smile Large brand in Texas, will be sharing her inspirational story with us.[00:01:40 to 00:01:58] Find my contact information in the show notes. Thank you for tuning in, and I invite you to stay tuned in for more valuable insights and updates in the world of real estate.[00:01:58 to 00:02:23] Today's topics include a brief rundown of the news stories affecting the real estate market, interest rate buydowns, and how to get more listings in the competitive market.[00:02:23 to 00:02:47] Redfin reported that a homebuyer in the United States must earn $114,000 to afford the median-priced US home.[00:02:47 to 00:03:07] The median American household income is $75,000 a year. The median price for a US home was $420,000 in August.[00:03:08 to 00:03:38] The median asking rent right now is almost $2,000 a month. The average new car payment is $740 a month, and the average student loan payments are about $500 a month.[00:03:38 to 00:03:56] The percentage of subprime auto borrowers 60 plus days past due hit a record 6.1% in September.[00:03:56 to 00:04:27] According to Redfin, 2023 is poised to end with the lowest number of existing home sales since 2008.[00:04:27 to 00:05:00] The 30-year fixed mortgage rate increased to 7.8%, hitting its lowest level since 1995. The number of licensed loan officers fell to 89,000.[00:05:01 to 00:05:39] The REBNY new rules will prevent listing brokers from paying buyer agents. Possible outcomes are buyers negotiating...

Talk Shop with Allon Avgi
042 NYC Real Estate Expo x James Nelson

Talk Shop with Allon Avgi

Play Episode Listen Later Sep 19, 2023 12:53


Highly acclaimed investment sales broker James Nelson is Principal and Head of Avison Young's Tri-State Investment Sales group in New York City. During his 25-year career, Nelson has sold more than 500 properties and loans totaling over $5 billion. His accolades include being named Commercial Observer's Power 100, CoStar's Power Broker, and receiving the Deal of the Year award by REBNY. Nelson is also a serial real estate investor and has launched two real estate funds with total capitalizations of over $350 million. He is passionate about helping others achieve real estate success and offers regular training through his podcast “The Insider's Edge To Real Estate Investing.” He regularly lectures at Columbia, Fordham, NYU, Wharton, and his alma mater Colgate. Nelson's greatest joy stems from spending time with his wife Allison and their three sons. Socials: Insta: https://www.instagram.com/jamesnelsonnyc/ Linkedin: https://www.linkedin.com/in/jamesnelsonnyc/ Twitter: https://twitter.com/jamesnelsonnyc Youtube: https://www.youtube.com/channel/UCccHFd4YF0_26VaUWmGK5Ww/featured Follow me on instagram to see how I make my deals & grow my real estate empire! https://www.instagram.com/allonavgi/ Check out my other social accounts here: TikTok: https://www.tiktok.com/@allonavgi?lan.. Linkedln:https://www.linkedin.com/in/allonavgi/ Twitter: https://twitter.com/allonavgi Facebook: https://www.facebook.com/everythingAllon/ YouTube: https://www.youtube.com/user/AllonAvgi Spotify: https://open.spotify.com/show/6dxNrujg4Feevqqmru76MT Apple Podcasts: https://podcasts.apple.com/us/podcast/talk-shop-with-allon-avgi/id1547359926 Allon Avgi is the Founder and CEO of AVGI. Allon started AVGI at 21 years old when he acquired his first real estate investment in Long Island, New York. Allon has since developed a diverse real estate holdings company that has reached $50,000,000 in rental properties within only 4 years using his own money and that of a select few individuals. As he starts to open AVGI's investments to outside capital and build strategic partnerships, he has ambitiously set a target to acquire and manage a $1 billion real estate portfolio by the time he is 30 years old.

The Crexi Podcast
The Insider's Edge to Real Estate Investing

The Crexi Podcast

Play Episode Listen Later Aug 9, 2023 46:12


This episode explores strategies, insights, and the latest investment sales market news with James Nelson, Principal & Head of Investment Sales at Avison Young.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Jessica LaRusso sits with James to cover everything from lessons learned, writing his book The Insider's Edge to Real Estate Investing, the latest and most important CRE trends to watch, and much more. Their wide-ranging conversation includes:Introductions and early career movesWorking with Bob Knakal & Paul Massey and key lessons learnedThe importance of discipline and doubling down on work ethic Writing The Insider's Edge to Real Estate Investing The importance of building relationships working a high-quality investment team to tackle investmentsKey takeaways investors need to know when identifying a potential opportunityBirds-eye view of current happenings in the investment sales marketDifferences between past market cycles and todayAdvice to newer brokers and investors navigating the CRE market Rapid-fire questions and sign-offsAnd much more!If you enjoyed this episode, please subscribe to our newsletter to receive the very next one delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi Insights.Ready to find your next CRE property? Visit Crexi and immediately browse hundreds of thousands of available commercial properties.Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexiAbout James Nelson:Highly acclaimed investment sales broker James Nelson is the Principal and Head of Avison Young's Tri-State Investment Sales group in New York City. During his 25-year career, Nelson has sold more than 500 properties and loans totaling over $5 billion. His accolades include being named Commercial Observer's Power 100, a Crexi Platinum Broker Award winner, and receiving the Deal of the Year award by REBNY.  Nelson is also a serial real estate investor and has launched two real estate funds with total capitalizations of over $350 million. He is passionate about helping others achieve real estate success and offers regular training through his podcast "The Insider's Edge To Real Estate Investing." He regularly lectures at Columbia, Fordham, NYU, Wharton, and his alma mater Colgate. Nelson's greatest joy stems from spending time with his wife, Allison, and their three sons.

It's The People: Investing Early for the Long-Term
James Nelson | Leveraging an Abundance Mindset

It's The People: Investing Early for the Long-Term

Play Episode Listen Later Jul 4, 2023 65:08


James Nelson is Principal and Head of Avison Young's Tri-State Investment Sales group where he leads a group of three dozen professionals in the sale of multi-family, office, development and retail properties. Avison Young is a full service global real estate firm with 5,000 real estate professionals located in 120 offices in 20 countries. Since its inception in 2018, James' sales team has closed over 150 sales valued at well above $2.5 billion dollars, resulting in his being named one of Avison Young's Top Sales Professionals, a Commercial Observer's Power 100, and a CoStar Power Broker. James has also been a recipient of REBNY's prestigious Edward S. Gordan Deal of the Year award. Some noteworthy clients include The Archdiocese of New York, Breaking Ground, The Carlyle Group, JP Morgan Chase, Salvation Army and Vornado among others. James has built a unique sales platform at Avison Young consisting of a unified, client first, sales group that is broken out by asset class, rather than territory, and where brokers share information and commissions in order to provide the best client experience. This is very much in line with his principally-owned firm, meaning that principals are personally invested in the long-term success of their clients. Throughout his close to 25-year career, James has been involved in the sale of approximately 500 property and loan sales for an aggregate value of over $5 billion dollars. Prior to joining Avison Young, James served as Vice Chairman of Cushman & Wakefield, where his team was ranked the number one Investment Sales broker nationwide in 2016. Previously, James was a partner and top producer for Massey Knakal for six of their last eight years and was named the company's youngest partner in 2004. James is passionate about real estate and helping others achieve success. Whether through his podcast or upcoming book entitled The Insider's Edge To Real Estate Investing, videos, or blog, he advises on how to navigate and stay on top of this ever-changing market. He enjoys guest lecturing at Columbia, Fordham, NYU, Wharton, and of course his alma mater Colgate. He is a regular source for the Wall Street Journal, NY Times, and the NY Post among other. James is on the boards of REBNY, Counselors of Real Estate, SparkYouth NYC and formerly YM/WREA. He is also a co-founder of the Real Estate Services Alliance (RESA) and the Colgate Real Estate Council. His greatest joy is spending time with his wife Allison and three sons Luke, Austin, and TJ either at home in Connecticut, up on the Cape, or traveling to their water polo tournaments on the West Coast.

The Art of Passive Income
GET A SUCCESSFUL NEW YORK CITY BROKER”S PROVEN TIPS ON REAL ESTATE INVESTING

The Art of Passive Income

Play Episode Listen Later Jun 6, 2023 31:25


Highly acclaimed investment sales broker James Nelson is Principal and Head of Avison Young's Tri-State Investment Sales group in New York City. During his 25-year career, Nelson has sold more than 500 properties and loans totaling over $5 billion. His accolades include being named Commercial Observer's Power 100, CoStar's Power Broker, and receiving the Deal of the Year award by REBNY. Nelson is also a serial real estate investor and has launched two real estate funds with total capitalizations of over $350 million. He is passionate about helping others achieve real estate success and offers regular training through his podcast “The Insider's Edge To Real Estate Investing.” He regularly lectures at Columbia, Fordham, NYU, Wharton, and his alma mater Colgate. Episode Notes:James and Mark cover:Why James decided to devote his life to real estate.Dissecting a recent real estate deal and what was attractive about itHis best-selling book and the most important advice for beginningWhat he looks for in team membersWhat made him decide to write a bookSkills and attributes that make good brokers and sponsorsWhat's not going to change in real estateHis favorite asset classes TIP OF THE WEEKJamesOne of my all-time favorite books is “Give and Take” by Adam Grant. He's a top-rated professor at Wharton and has a great podcast. His book is a mindset, an abundance mentality. He did a study of people who are givers. Those people are more successful and happier. Also, get out and pound the pavement. Real Estate is such a touch and feel business. Talk to people. Make connections. MarkLearn more about James Nelson and the Insider's Edge to Real Estate Investing. Go to jamesnelson.com. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI podcast episode about investing in real estate."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn't it time to create passive income so you can work where you want when you want, and with whomever you want?"

Max & Murphy
The Push For Housing Development In New York, With Basha Gerhards Of REBNY

Max & Murphy

Play Episode Listen Later May 11, 2023 52:11


Basha Gerhards, senior vice president of planning at REBNY, joined the show to discuss housing policy at the city and state levels, disappointment in the recent state budget agreement, and more. (Episode 398)

Let’s Have A Drink (New York)
Fears, Hopes And Gripes Of Real Estate At The REBNY Gala

Let’s Have A Drink (New York)

Play Episode Listen Later Apr 24, 2023 28:59


Bisnow Reports heads to the annual Real Estate Board of New York's  party to talk politics, uncertainty and the complexity of the market. Read More: PHOTOS: REBNY's 127th Gala, Where Politics Took Center Stage

Real Estate Investing – Live from New York
Building Consensus with Beth Mercante

Real Estate Investing – Live from New York

Play Episode Listen Later Mar 14, 2023 50:27


On today's show, Beth Mercante joins me from StackSource, a tech-enabled commercial real estate loan platform that makes it easier and faster to find the right commercial real estate financing for your property, where she serves as Senior Managing Director.  She talked about growing up in a real estate family where her father was an incredibly honest developer. She talked about what lengths he would go to, to make good on a project. Beth has worked in various commercial real estate roles since 1990 after graduating from the University of Washington with a Bachelor of Science in Building Construction. Prior to joining StackSource as Senior VP, Ms. Mercante worked in New York City for the Quantum Fund (George Soros and Paul Reichmann fund) in acquisitions and asset management. She also spent time at AIG Global Real Estate Investment Corp. in their mortgage finance and asset management divisions managing multi-family, office and retail properties. Previously, she was an investment sales broker in Manhattan and won the "Most Ingenious Deal of the Year" award from REBNY. After a successful sales career, Ms. Mercante moved into real estate consulting with Gemini Realty Advisors and then to her own firm where she most recently sourced senior housing and self-storage projects for a partnership including Columbia Pacific Advisors, Wegman Companies and Rembold Companies. Beth spoke a lot about building consensus whether it is a development deal or financing a deal. She also talked about the importance to spending time on the front line as you look to build your business. Lastly, she talks about the future of financing by leveraging data to provide the best solutions.  I'm sure you will enjoy our conversation. You can find out more about Beth and StackSource at: https://www.stacksource.com/team/beth-mercante or find her on LinkedIn at: https://www.linkedin.com/in/bethmercante/.

Target Market Insights: Multifamily Real Estate Marketing Tips
The Insider's Edge for Strong Broker Relationships with James Nelson, Ep. 480

Target Market Insights: Multifamily Real Estate Marketing Tips

Play Episode Listen Later Feb 21, 2023 36:57


James Nelson is the Principal and Head of Avison Young's Tri-State Investment Sales group in New York City. During his 25-year career, Nelson has sold more than 500 properties and loans totaling over $5 billion. His accolades include being named Commercial Observer's Power 100, CoStar's Power Broker, and receiving the Deal of the Year award by REBNY.  Nelson hosts “The Insider's Edge to Real Estate Investing” podcast. He is also the author of "The Insider's Edge to Real Estate Investing" and regularly lectures at Columbia, Fordham, NYU, Wharton, and his alma mater Colgate. We talked to James about ethics involved in being a broker and an investor, cultivating broker relationships, and his book “The Insider's Edge to Real Estate Investing”.   Announcement: Click here to join me and other top real estate investors for the Midwest Real Estate Networking Summit!   [00:01] Opening Segment  James talks about his background;  He talks about his brokerage and investing businesses.   [05:17] Balancing Being a Broker & an Investor Ethics involved in being a broker and investor; Cultivating broker relationships; Some of the mistakes new investors make;     [17:05] What to look for in a deal; James talks about his book “The Insider's Edge to Real Estate Investing”;  Who's the book for; What to look for in a deal;   Seller financing;   Announcement: Download Our Sample Deal and Join Our Mailing List   [27:37] Round of Insights Apparent Failure: Not finding a trusted partner in his first incredible opportunity. Digital Resource: Reonome Most Recommended Book: Knowing isn't Doing Daily Habit: Consistency #1 Insight for Succeeding as a Multifamily Investing: Have great people. Best Place to Grab a Bite in New York: Any spot in Bleeker Street, Nougatine   Contact James: Learn more at  jamesnelson.com. Click here to listen to James' podcast. You can get his book by clicking here. Listen to Rod Santomassimo's episode with John here.   Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.  

The Real Estate Investing Club
The Insider's Edge To Real Estate Investing with James Nelson (The Real Estate Investing Club #307)

The Real Estate Investing Club

Play Episode Listen Later Feb 1, 2023 24:21


Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-bookIn this episode of The Real Estate Investing Club I interview James Nelson, Highly acclaimed investment sales broker James Nelson is Principal and Head of Avison Young's Tri-State Investment Sales group in New York City. During his 25-year career, Nelson has sold more than 500 properties and loans totaling over $5 billion. His accolades include being named Commercial Observer's Power 100, CoStar's Power Broker, and receiving the Deal of the Year award by REBNY. Nelson is also a serial real estate investor and has launched two real estate funds with total capitalizations of over $350 million. He is passionate about helping others achieve real estate success and offers regular training through his podcast “The Insider's Edge To Real Estate Investing.” He regularly lectures at Columbia, Fordham, NYU, Wharton, and his alma mater Colgate. Nelson's greatest joy stems from spending time with his wife Allison and their three sons.. James Nelson is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with James Nelson? Reach out at www.jamesnelson.comEnjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes.************************************************************************GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESSLEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-bookCONNECT -- Want to join one of the most active Facebook Groups for Real Estate Investors? Click here to join: https://www.facebook.com/groups/2940993215976264PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow************************************************************************ABOUT THE REAL ESTATE INVESTING CLUB SHOWThe Real Estate Investing Club is a podcast and YouTube show where real estate investing professionals share their best advice, greatest stories, and favorite tips as a real estate investor. Join us as we delve into every aspect of real estate investing - from self-storage, to mobile home parks, to single family flips and rentals, to multifamily syndication!#realestateinvesting #passiveincome #realestateSupport the show

The Real Estate Investing Club
The Insider's Edge To Real Estate Investing with James Nelson (The Real Estate Investing Club #307)

The Real Estate Investing Club

Play Episode Listen Later Jan 30, 2023 25:05


Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-bookIn this episode of The Real Estate Investing Club I interview James Nelson, Highly acclaimed investment sales broker James Nelson is Principal and Head of Avison Young's Tri-State Investment Sales group in New York City. During his 25-year career, Nelson has sold more than 500 properties and loans totaling over $5 billion. His accolades include being named Commercial Observer's Power 100, CoStar's Power Broker, and receiving the Deal of the Year award by REBNY. Nelson is also a serial real estate investor and has launched two real estate funds with total capitalizations of over $350 million. He is passionate about helping others achieve real estate success and offers regular training through his podcast “The Insider's Edge To Real Estate Investing.” He regularly lectures at Columbia, Fordham, NYU, Wharton, and his alma mater Colgate. Nelson's greatest joy stems from spending time with his wife Allison and their three sons.. James Nelson is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with James Nelson? Reach out at www.jamesnelson.comEnjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes.************************************************************************GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESSLEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-bookCONNECT -- Want to join one of the most active Facebook Groups for Real Estate Investors? Click here to join: https://www.facebook.com/groups/2940993215976264PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow************************************************************************ABOUT THE REAL ESTATE INVESTING CLUB SHOWThe Real Estate Investing Club is a podcast and YouTube show where real estate investing professionals share their best advice, greatest stories, and favorite tips as a real estate investor. Join us as we delve into every aspect of real estate investing - from self-storage, to mobile home parks, to single family flips and rentals, to multifamily syndication!#realestateinvesting #passiveincome #realestateSupport the show

Diary of an Apartment Investor
ATE - Where There Are Challenges There Are Opportunities With James Nelson & Martha Sandino

Diary of an Apartment Investor

Play Episode Listen Later Dec 16, 2022 37:38


Today James Nelson & Martha Sandino talk about ways to get into and make use of social media platforms, what ways prepare for what the market brings and the importance of having the right mindset. Join our multifamily investing community for FREE for in-depth courses and live networking with like-minded apartment investors at the Tribe of TitansLink to subscribe to YouTube channel: https://tinyurl.com/SubYouTubeDiaryPodcastApple Podcasts: https://tinyurl.com/AppleDiaryPodcast Spotify: https://tinyurl.com/SpotDiaryPodcast Google Podcasts: https://tinyurl.com/GoogleDiaryPodcast Follow us on:Facebook: https://www.facebook.com/DiaryAptInv/ Twitter: https://twitter.com/Diary_Apt_Inv Instagram: https://www.instagram.com/diary_of_an_apartment_investor This episode originally aired on December 16, 2022----Your host, Brian Briscoe, has been a general partner in 655 units worth $50 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He has developed a multifamily education community called the Tribe of Titans that helps aspiring investors learn the game, network with other like-minded professionals, and get their apartment investing business to the next level. He is founder of Streamline Capital Group, which will continue to acquire multifamily assets well into the future. He retired as a Lieutenant Colonel in the United States Marine Corps in 2021.Connect with him on LinkedIn----James NelsonHighly acclaimed investment sales broker James Nelson is Principal and Head of Avison Young's Tri-State Investment Sales group in New York City. His accolades include being named Commercial Observer's Power 100, CoStar's Power Broker, and receiving the Deal of the Year award by REBNY. Nelson is also a serial real estate investor and has launched two real estate funds with total capitalizations of over $350 million. He regularly lectures at Columbia, Fordham, NYU, Wharton, and his alma mater Colgate. Nelson provides ongoing videos and resources at www.jamesnelson.com. Learn more about him at: https://jamesnelson.com/Book: https://www.amazon.com/Insiders-Edge-Real-Estate-Investing/dp/1264865996----Martha Sandino After putting three daughters through college—and renting out their rooms while they were off at school—in 2015, Martha wondered if a small business would be interested in renting a “room” in their small, restaurant supply warehouse area. In fact, Martha eventually rented out 10 micro-warehouse spaces in her tiny building, with a 3,000sq ft warehouse & 6,000sqft yard, all month-to-month, at $2.50/sqft (while warehouse space was leasing up at $0.80/sqft), creating a brand-new business model for short-term rentals in the industrial market. After 20 years of managing a successful supply company, and facing new supply chain challenges, Martha decided to move fully into the multi-tenant space, launching a new venture into multifamily investing Learn more about her at:  https://pavilionmultifamily.com/

Discovering Multifamily
Insider's Edge To Real Estate Investing With James Nelson

Discovering Multifamily

Play Episode Listen Later Dec 13, 2022 26:01


On this special 217th episode of Discovering Multifamily, Highly acclaimed investment sales broker James Nelson joins as Principal and Head of Avison Young's Tri-State Investment Sales group in New York City. James has had an extensive 25-year career, Nelson has sold more than 500 properties and loans totaling over $5 billion. His accolades include being named Commercial Observer's Power 100, CoStar's Power Broker, and receiving the Deal of the Year award by REBNY.  Nelson is also a serial real estate investor and has launched two real estate funds with total capitalizations of over $350 million. He is passionate about helping others achieve real estate success and offers regular training through his podcast “The Insider's Edge To Real Estate Investing.” He regularly lectures at Columbia, Fordham, NYU, Wharton, and his alma mater Colgate. He provides ongoing videos and resources at www.jamesnelson.com .YouTube: https://youtu.be/Y4hri_JrEz0Website: www.redknightproperties.com/media   iTunes: https://podcasts.apple.com/us/podcast/discovering-multifamily/id1506820688   #financialfreedom #passiveinvesting #activeinvesting #investsmart #investwisely #buildingwealth #multifamily #podcast #Red Knight Properties #Anthony Scandariato #Brian Leonard #investing in real estate

The Closing Table by ProDeal
Principal and Head of Avison Young Tri-State Investment Sales group in NYC: James Nelson on Keeping One's Reputation to Be Successful

The Closing Table by ProDeal

Play Episode Listen Later Nov 16, 2022 20:43


In this episode of the Closing Table Podcast, we are joined by James Nelson, the Principal and Head of Avison Young's Tri-State Investment Sales group in New York City. James shares his early beginnings as well as his different career paths. He also shares tips on how he manages to learn new things and how to close deals. Lastly, he talks about the importance of having good people around you and how to bring value to both your clients and mentors.    James Nelson is a highly acclaimed investment sales broker. During his 25-year career, Nelson has sold more than 500 properties and loans totaling over $5 billion. His accolades include being named Commercial Observer's Power 100, CoStar's Power Broker, and receiving the Deal of the Year award by REBNY.   What we discussed:    00:00 - Intro 03:01 - How did James' career in real-estate start? 04:35 - James' three different career paths 06:28 - How does James manage his learnings? 08:09 - What are James' tips for closing deals? 12:05 - How to surround yourself with good people? 13:03 - How to find a mentor? 14:35 - How James adds value to his clients and mentors 15:53 - James' book: The Insider's Edge to Real Estate Investing   Get 30 days free of ProDeal here.   Be sure to follow us on LinkedIn.

Herrick Does That
“Everything Old is New Again” – NYC Building Conversions – Fall 2022

Herrick Does That

Play Episode Play 32 sec Highlight Listen Later Nov 7, 2022 26:27


Mitch Korbey, partner and chair of Herrick's Land Use and Zoning practice, is joined by Basha Gerhards, Senior Vice President of Planning at REBNY, to discuss plans recently announced by the Mayor and the Planning Department to permit the conversion of certain office buildings in New York City.  Current zoning permits limited conversions in limited areas, but this new plan would more broadly apply.  Our speakers discuss the many nuances for such developments across the City. As the need for housing of all types continues to grow, Mitch and Basha's dialogue of what is possible, probable and next for the City of New York is timely and critical.Music by Michelangelo Sosnowitz

How to Scale Commercial Real Estate
Industrial Brokerage and Cannabis Real Estate

How to Scale Commercial Real Estate

Play Episode Listen Later Oct 18, 2022 20:38


Daniel Tropp founded AEBOV Industrial Realty Brokerage to hone in on his passion for industrial real estate and offer new solutions to valued clients. Over the past 10 years, Daniel has had the privilege of working for some of New York City's most influential owners and working alongside some of the industry's brightest brokers while leading teams at Avison Young and Ariel Property Advisors. He chairs REBNY's Development Committee, contributes regular columns to the Commercial Observer, and has also been quoted in the NY Times, Real Deal, NY YIMBY, Real Estate Weekly, Connect Media, BISNOW, and more.   Today, Daniel joins us to discuss industrial real estate and how sales and leasing are booming thanks to the increasing sophistication of industrial properties and investors' interest in this type of asset. He also gives his perspective on the cannabis industry, how it overlaps with industrial real estate, and why entrepreneurs should get into the space. [00:01 - 10:19] Bringing Innovation as an Industrial Brokerage Daniel made the jump into this field after noticing that other real estate professionals weren't providing the same level of service to industrial clients as they were to other product types Industrial properties are often overvalued due to the lack of accurate valuation methods Using 3D tours, drone footage, and other technologies, Daniel and his team are able to provide more accurate valuations and feedback from owners, which leads to better decisions when leasing or selling industrial properties There are a lot of things that impact the value of an industrial property: proximity to transportation, ceiling height, functionality  Breaking down the sales volume vs the leasing volume in the market [10:20 - 18:22]  The New Frontier: Cannabis Real Estate With the developments in cannabis legislation, it is becoming a legitimate business There's a demand for industrial properties from operators looking for cultivation space, and then once found, they must navigate city ordinances Other large companies are not yet willing to enter the industry due to the stigma There are plenty of opportunities because there is still less competition However, upon legalization, the artificially low supply will go away and the market might become saturated   [18:21 - 20:47] Closing Segment Daniel's advice to aspiring investors Reach out to Daniel!  Links Below Final Words Tweetable Quotes   “You look at a marketing flyer or setup for something like a high-end office or even development, and they're just beautiful marketing materials. And then I would get these industrial setups and they're still black and white kind of grainy fax sheets.” - Daniel Tropp   “There's real value in unlocking the real estate. So if you're able to partner with a broker that understands those ordinances and understands where to look, then you can go in and buy something, and then stabilize it.” - Daniel Tropp   -----------------------------------------------------------------------------   Connect with Daniel! Send him a message on LinkedIn or Instagram at troppd@aebov.com. Visit AEBOV.com to know more about their work.   Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below:   [00:00:00] Daniel Tropp: You know, my understanding is it's federally still illegal to transport between states. So a lot of this supply chain, to get to the dispensaries in New Jersey, needs to come from somewhere in New Jersey. So everything, every use down the line, cultivation to manufacturing, to distributing products, delivery, retail dispensaries, that all has to be sort of in state.  [00:00:34] Sam Wilson: Daniel Tropp is an industrial real estate broker licensed in New York and New Jersey. He also works with cannabis licensees to secure viable space. Daniel, welcome to the show.  [00:00:44] Daniel Tropp: Sam, thanks so much for having me on. I'm looking forward to it.  [00:00:47] Sam Wilson: Absolutely. The pleasure is mine. Daniel, there are three questions I ask every guest who comes in the show: In 90 seconds or less, can you tell me where did you start? Where are you now, and how did you get there?  [00:00:56] Daniel Tropp: Yeah, absolutely. Pretty much been in real estate my whole professional life. At 18, I got into the residential side as soon as I was old enough to get licensed and toy around in that, wasn't very good at it. So once I graduated college, I got, you know, more focused on the commercial side. I actually went to office lease leasing, which I did for two years, but also wasn't really the best fit there. So eventually transitioned over to investment sales where things just sort of clicked, you know, mentally thebulb went off, and everything aligned. It was a much better use of my skillset and I'd been at some smaller and then mid-market, and then larger kind of corporate global shops over my career before two years ago, just really due to circumstance of the pandemic and everything going on, starting the company that I own now, AEBOV, really just focusing on industrial sales and leasing in New York and New Jersey and, yeah, haven't really looked back since.  [00:01:53] Sam Wilson: That is fantastic. Tell me, you know, when you made that jump, what were the things that were clues to you that said, Hey, one, it's time to go into what you are specializing in now. And then, you know  [00:02:05] Daniel Tropp: Yes, it's a great question. As far as the confidence, I had done a few industrial deals over my career, but it was never really a product focus of mine. So I was either focused on markets, So areas in New York, areas in Brooklyn where I was just the territory guy and some industrial had kind of crossed my plate along with multifamilt development and everything else. So I had the experience, but I would notice the industrial brokerages really didn't provide the same services to the market, didn't add the same value I felt towards clients as some of the other product types. So you look at a marketing flyer or setup for something like a high-end office or even development, and they're just beautiful marketing materials. They're kind of elaborate, they're laid out really well, and then I would get these industrial setups and they're still black and white kind of grainy fax sheets, you know? So that was one thing. And then I also thinking about the way brokers offer valuations just as a foot in the door to our clients. I said, there's a way to improve that too, as opposed to the hard copies, the books that brokerages would do, and it was just the industry standard. We can digitize it, we can put it on an online platform where owners can kind of interact and ask questions and we can plug changes in real time. So it was a combination of those ideas I thought. I just kept kind of honing in on industrial and saying, if we can do this with industrial, where it's kind of a step behind, and we can build a nice website and offer these services and really modernize it, You know, industrial's on fire now. It's not just a great market, but it's an increasingly sophisticated and kind of savvy market. It's, it's appealing to more and more investors. The timing's right? It's, you know, it's going to work. So I just kept telling myself that and I, I think we've been able to add a lot of value to our clients so far using that.  [00:03:52] Sam Wilson: Let's talk about industrial valuations here for a minute. When you were kind of, you know, given the, you know, the black and white flyers and things like that, it took me back to my residential days where you can get in and there's platforms online, you know, especially as a broker, as an agent, where you can get in and you can add, okay, hey, maybe they didn't accurately capture the square feet in the house, maybe they didn't capture additions, maybe even though it might have been put through codes, there might be extra bathrooms and things like that that improve the value of the property. Is that kind of the same thing? And you can go in on the back end and add those in and actually see what a real market value might be, say, for that residential house. Are you saying that that same sort of piece is missing in the industrial side and you guys are able to come in and say, hey, wait, there's ways to more accurately reflect the value that this property is?  [00:04:38] Daniel Tropp: So over my career, I've been in some really, really great shops. One common theme was the way we put a property out there will directly impact the end result for the owner. So I always believe that the aesthetic, it's not meaningless, it's important. So we started using 3D tours, drone footage, high def videos and we incorporate that right into this one-page setup. Now we call it a teleport. So, an investor can just hover over it and very quickly kind of be brought up to speed with the visual, which is really important still these days because a lot of people are working remotely or from the road or whatever case. On the valuation side, I think we miss less with this model because the old model of a broker taking the information, printing a hardbound book, going to the owner's office, sitting down, discussing the property, well, if they missed something, or if the owner got an LOI between the time they spoke and the time they got to their meeting, what does a broker do? He takes out his iPhone and calculator and, okay, like, here's the new value, and it was just the norm. So I get a lot of good feedback on the valuations that we do now because owners, as they go through it, will say, oh, you know what? I forgot to tell you about this. Actually, we underwrote a $15 rent a couple of months ago. I got an LOI for 18, or you know, I noticed this bill. So it's an exercise for them too. And it's normal. I think that as they're going through it, they're going to remember certain new facts about the property, and then we just incorporate it in real-time into our end. We have the presentation, which is spreadsheets. Nobody really loves to see that. On the owner's end, they have a nice polished presentation with all the values and how we're deriving everything. So it's a cool product. [00:06:25] Sam Wilson: That's fantastic. And it's always interesting how you can find innovation in an industry. You would think that, okay, you know, the industrial space, like there's enough people playing in this space that it's innovated out, but clearly that's not the case. Tell me, what are some things that you're finding that directly impact the value of industrial proper?  [00:06:44] Daniel Tropp: So, right now, especially since I think those two steep rate hikes in June and July, it's definitely been a fight to quality. I think tenancy, which has always been important, is now more important than ever. We'll see a really, really sharp premium on properties that are leased to credit tenants. I think proximity to transportation has become a lot more important. What owners here from their tenants is, you know, we're getting crushed on gas prices, deliveries, everything else that we have to do, we're too far from whatever market we're in. So because of that, and I think gas has probably peaked back in May or June or whatever it was, but tenants are still very sensitive to it. And as such, I think investors are starting to pay attention to, okay, how far am I from the market with this property? How far are they from the highway? How good is the access? So that's been something else that we've definitely noticed. Ceiling heights, again, always an important metric for industrial, but really important right now. I think with the way the functionality and the use of the physical warehouse space has changed from more warehousing and storage to the more modern use of get things in quickly, get 'em out quick, even quicker, right? So we need to maximize every inch of the space. So ceiling height and functionality I think is really important. The newer warehouses seem to be a lot more in demand than things that are a little bit more antiquated and tougher to retrofit.  [00:08:09] Sam Wilson: That's really, really interesting. Now, you were telling me earlier, before we jumped here on air, was that the sales volume has been incredible compared to the leasing volume in your market. Can you explain that and how that, what the correlation of that and vacancy is?  [00:08:25] Daniel Tropp: Sure. When we started the company two years ago, we anticipated doing a good amount of leasing, but there really hasn't been much because the vacancy rate is, I think, let's take a market like New Jersey, maybe in the two or 3% right now, it's October. But when you start looking, okay, I have clients that have very particular needs, so they need those high ceiling heights. They need great access. They need X number loading positions, and you bifurcate and take out that really high-caliber product. The effective vacancy rate of that newer product with all those features might be zero. So there's just not a ton of leasing to go around. Where we have seen more opportunities definitely on the sales side, and I think we can be even more specific and say it's been a lot of sale leasebacks has been owner users that are in some way, shape, or form, still impacted from COVID. Either they're kind of busting at the seams and they're doing you know, home repairs or home supply. Home materials, home building materials, or services for commercial real estate and they can't grow fast enough, so they want to lease back with some flexibility so that they can scale up. Or on the other end, people that maybe are a little bit, like, closer to retirement, thinking about shutting down or their business has been impacted in a negative way, they're scaling back, but they don't exactly know when and where that's going to happen. So they also want to monetize today based on where the market is and then kind of take that 1, 2, 3 year period to figure out their next steps. So that's been a lot, I would say, most of the sale clients that we've we've seen.  [00:09:59] Sam Wilson: That's interesting. I would not have tied those together. with saying that sales would increase with a decrease in vacancy versus leasing out. You know, again, I'm not in your industry necessarily or in the industrial industry. So I wouldn't, you know, that's just not the way I necessarily think about those things. But that's really interesting. Thanks for taking the time to break that down for us. Tell me when it comes to cannabis. What are you seeing in that space? Is that something you guys are involved in? Is there an opportunity there? Walk us through that.  [00:10:29] Daniel Tropp: Sure. So it's something we kind of got accidentally involved in about a year ago, more so in New Jersey than New York, where it's a little bit younger, but the potential is there. Look, regardless, and I think the stigma around the country is changing, but even regardless of that, it's projected to be a multi-billion dollar-a-year industry and it's legitimate now. And you have all these uses in the supply chain that are coming to light. So as it turns out, there's a huge overlap with industrial properties, which we have in our system kind of cataloged and we know all those owners anyway, so now it's been kind of a nice thing to be able to go to them and inform them about this new potential use out there. In a market like New Jersey, for instance, the townships that opt in will then basically write their ordinance or their own zoning code for where the properties can be. So on top of the very low vacancy rate for industrial, let's say there's a cannabis operator that's looking for cultivation space. Now you have to go look at which townships opted in. There aren't many of them. And then once you find those, where does the ordinance define as far as properties that we can use? So you find those limited number of properties. Then you have to really understand, okay, which are functional for us, which are available. So the way the process works, it creates this very artificially low supply of actually viable properties. And that's where it's been exciting for us as brokerage s, on the brokerage side, 'cause we're able to come in decipher these ordinances, tell our clients, you know, let's take a look at X, Y, and Z townships we'll go after the specific properties and the owners that are viable, and we'll find you something. So it's been more buyer and tenant rep on that side, but it's the wild west right now. It's like a new frontier and it's really cool to be a part of it. [00:12:12] Sam Wilson: That's awesome. I want to hear more about that, but I guess I have a question. Why why would someone necessarily put a grow operation, and again, I'm not in the cannabis space, so if I use the wrong words, please correct me. But why would someone put a grow operation, say in New Jersey when maybe they could get somewhere further out rural, I mean, is it location specific? Why does it need to be in a certain area versus, you know, why would someone lease industrial space in New Jersey to put a grow operation in versus going somewhere out in the middle of the countryside and building a grow operation?  [00:12:42] Daniel Tropp: That's a great question. I'm still learning it myself, and I'm not on the operation side, but I'm speaking to all these operators. You know, my understanding is it's federally still illegal to transport between states. So a lot of this supply chain to get to the dispensaries in New Jersey needs to come from somewhere in New Jersey. So everything, every use down the line cultivation to manufacturing, to distributing products, delivery, retail dispensaries, that all has to be sort of in state.  [00:13:12] Sam Wilson: Got it. Now that clarifies things quite a bit, what do you see as the opportunity for the investor in this space? Let's say somebody like myself wanted to come along and said, hey, Daniel, I want to own the real estate. I don't want to be an operator. I'm not looking to start a grow operation, but I'm interested in investing in the cannabis space and helping that move forward. What would you suggest?  [00:13:34] Daniel Tropp: It's a tremendous opportunity. I think it's kind of parallel to why there's so much opportunity for us as brokerages. As a broker, a lot of the bigger brokerages out there, the corporate sort of global or national brokerages, they won't touch the use, whether it's just stigma or whether they have a board to answer to with disclosures about certain things that they can get involved with or not federally. It is still an illegal drug, so right off the bat, most of the competition that we would face selling just a straightforward 50,000-foot warehouse from brokers. They don't exist in this space. And similar for the buyers, for the investors, a lot of the bigger investors with institutional money behind them, with disclosures, with whatever else investors that they have to answer to, they're starting to look at it maybe, but they're still not really ready. So for the entrepreneurial-minded, sort of quicker nimble investor, I think it's it's a great space to plan and to look at.  [00:14:34] Sam Wilson: Do you see investors coming in buying a real estate than pairing up with someone like yourself and saying, hey, go find a tenant for us, or, you know, I mean, is that the way that works? Or, I guess, the real question is, you know, how does someone like myself get involved in that?  [00:14:48] Daniel Tropp: I think it's twofold, right? We can find the real estate, there's real value in unlocking the real estate. So if you're able to partner with a broker that understands those ordinances and understands where to look, and you can go in and buy something, and then stabilize it, that's a great plan. Again, because there's a very artificially low supply, so there is real value there. And the users, I kind of, like, use the if you build it, they will come sort of analogy. The users, the operators, if you control the real estate, you'll find them. And then on the flip side, wait it out a little bit and let the market kind of develop and get established. Let somebody else do the legwork, stabilize the asset, put in a good operator, and in time, I'm sure those opportunities will start coming to market too.  [00:15:34] Sam Wilson: Right. And I guess the risk would be in this, let's say that, you know, maybe the operators currently are paying up for this space. I would assume they have to be 'cause there's an artificially low supply and their excess demand, that means the prices are going to obviously be quite high. Your risk in that would be that maybe in the next two to five years, all of a sudden, you know, weed gets, I don't know, you call it weed or pot, whatever, I don't even what you call it, marijuana gets legalized and then all of a sudden, you know, well the artificially low supply kind of goes away. Is that a fair risk that I see in the space?  [00:16:08] Daniel Tropp: Yeah, that's one. Think based on the political landscape in a typical whole period, five to seven years, and I'm not, you know, a lobbyist or a political guy, but I don't think it happens. I think the window, most people expected that federally it would be decriminalized has kind of passed and it didn't happen. So because of the way, you know, politics and the three houses are structured right now. I don't see that as an immediate risk. I think the other risk is, do you want to be the investor that comes in, buys a property, vacant, takes on the risk, juices the rent, two, three, maybe four times fold, fourfold in some of these cases, and then have your exit? Or do you want to have someone else come in, take on the risk, bump those rents, and then come in and buy the stabilized asset?  [00:16:55] Sam Wilson: It could go either way. It can absolutely go either way. And I guess it depends on what type of investor you are and what your risk appetite is. I mean, one is more of the cash flow play and one is more of a spec play. I guess that's the beauty and the risk of what it is that we do. That's really, really fascinating. I mean, what would you estimate, you know, if it is such a niche product that you guys are, you know, locating, like how much of that is actually out there? Is it already saturated? Is it all already taken or is there still acquisitions to be had? [00:17:27] Daniel Tropp: There's still acquisitions to be had. I think very few townships, let's again use New Jersey 'cause it's just a little bit more established, opted in. But the thought process among like people in the industry is that once other townships that didn't opt in see the benefit and the tax revenues and everything going on in those areas that did, more chips will fall. So I think for the foreseeable future, for the next few years, you will have this market that's gradually expanding, which is a good thing. You don't want kind of inactivity. And on the other end of the spectrum, you don't want this just wide-open boom at the beginning where then things fizzle out. [00:18:03] Sam Wilson: Right. No, that's absolutely right. And I think you hit it on the head there where you said, once they see the tax revenues coming in, and that's, I mean, that's been one of the biggest drivers, just the economic side of it from, you know, from the political side where they go, Oh my gosh, like we're missing out on just enormous tax revenues. Why not legalize it here?  [00:18:22] Daniel Tropp: Absolutely.  [00:18:22] Sam Wilson: Yeah, that's absolutely awesome. Daniel, if you rewound your investing career or your brokerage career in real estate, what is one thing you feel like you've done really well that other people should emulate? [00:18:36] Daniel Tropp: I can't take credit for it again 'cause it was more circumstance, but, and I go back and forth over it all the time. You know, should I have left sooner and started going on shop? Or did I need that experience that I had to that point to have the success I'm having now and be able to build what I built now. So I think just at any point, having the chance to do something on your own, taking it, right, maybe it's the dream all along. It wasn't for me. I kind of fell into it, which worked out really well. But if that's someone's passion now, if that's their dream, I'm always trying to tell people, look, leverage the relationship. Let me know if I can help at all 'cause I'd love to see you go out on your own. I'd love to see more people do it. I think it really sparks the market and gives like new purposes and new innovations and just brings about more for everyone, kind of raises us all up.  [00:19:27] Sam Wilson: That's awesome. Daniel, thank you for taking the time to come on the show today and share with us. I've learned so much from you about the opportunity in the cannabis space, things that impact value inside of industrial real estate, what it looks like. You know, we talked a little about sales versus leasing and how they're driven by vacancy. Learned a lot from you. Certainly appreciate it. If our listeners want to get in touch with you, learn more about industrial real estate in New Jersey and New York, what is the best way to do that?  [00:19:51] Daniel Tropp: By all means, anyone can DM me on LinkedIn or Instagram or shoot me an email. It's last name, first initial T R O P P D @ aebov, A E B O V.com.  [00:20:05] Sam Wilson: Fantastic, and we'll make sure, Dan, we put that there in the show notes. Thank you again for coming on today. Certainly appreciate it. [00:20:10] Daniel Tropp: Sam. Thanks for having me. This was great.

Live Mana Worldwide - Multimedia Broadcast Network
Joshua "The World's Mayor" featuring Kelly Ann Winget

Live Mana Worldwide - Multimedia Broadcast Network

Play Episode Listen Later Aug 25, 2022 74:43


Thank you for joining Joshua "The World's Mayor" and Kelly Ann Winget for a powerful discussion about empowering women, minorities and making a way for those who are normally left behind. "I started my career in a male-dominated sales space, and I've been crashing through glass ceilings ever since. I've spent years working behind the curtain on over 700 Million dollars worth of private investments. I believe that money is very powerful, and in the hands of women, it can be even more powerful." - Kelly Ann Winget. Kelly Ann Winget, the 30-something-year-old CEO and founder of Dallas-based private equity firm, Alternative Wealth Partners, has raised almost 15 million dollars in her first fund in less than 12 months. with some dividends hitting investors' accounts in less than 30 days from when they invested. Kelly Ann has over a decade of experience in alternative investment, sourcing creative capital for startups, oil & gas companies, manufacturing ventures, real estate, and several other emerging markets. Additionally, Kelly Ann charges no upfront or additional management fees–all costs associated with running the fund come out of her 20% GP split. Breaking through glass ceilings in the financial sector is not her only challenge. Being a young gay female in a predominately older male-dominated space has also had its challenges. However, those struggles have created a strong foundation within her, helping her guide other women into financial freedom. Every day she works to redirect the financial narrative about women towards one of full possibility, plausibility, and excitement. Not only is she a spark but also the kindling, firing up other women to likewise pursue their own financial independence and sovereignty. Kelly Ann has been strongly championing women in various pursuits in 2022. Such as being actively involved with and an investor for Ellevest, the #1 investing platform for women by women. A pinnacle sponsor at the REBNY event: New York Forever: A Celebration of Our City, where she represented women as investors in the real estate space. She created and hosted a FemCoin event for the Women of Crypto at the Consensus 2022 festival in Austin, Texas. And she recently launched Fashion Full Circle, LLC with co-founder Sterling Woerner. This Texas-based company aims to create opportunities for women to step into their power and lead change in their communities. “Good things happen when women support women in business. Kelly Ann Winget has been a champion for women in finance and as an investor in Ellevest, is committed to getting more money into the hands of women.” – Sallie Krawcheck, CEO + Co-Founder, Ellevest Thank you for being a part of this segment of Joshua “The World's Mayor” on the Live Mana Network, brought to you by the Live Mana Worldwide Foundation. The Live Mana Network is broadcast all over the world on your favorite streaming audio and video platforms like Apple TV, ROKU, Amazon Fire, and iTunes. You can also find us on Google News under the Live Mana Worldwide Foundation! Be blessed! Joshua "The World's Mayor"

Live Mana Worldwide - Multimedia Broadcast Network (audio)
Joshua "The World's Mayor" featuring Kelly Ann Winget

Live Mana Worldwide - Multimedia Broadcast Network (audio)

Play Episode Listen Later Aug 24, 2022 72:06


Thank you for joining Joshua "The World's Mayor" and Kelly Ann Winget for a powerful discussion about empowering women, minorities and making a way for those who are normally left behind. "I started my career in a male-dominated sales space, and I've been crashing through glass ceilings ever since. I've spent years working behind the curtain on over 700 Million dollars worth of private investments. I believe that money is very powerful, and in the hands of women, it can be even more powerful." - Kelly Ann Winget. Kelly Ann Winget, the 30-something-year-old CEO and founder of Dallas-based private equity firm, Alternative Wealth Partners, has raised almost 15 million dollars in her first fund in less than 12 months. with some dividends hitting investors' accounts in less than 30 days from when they invested. Kelly Ann has over a decade of experience in alternative investment, sourcing creative capital for startups, oil & gas companies, manufacturing ventures, real estate, and several other emerging markets. Additionally, Kelly Ann charges no upfront or additional management fees–all costs associated with running the fund come out of her 20% GP split. Breaking through glass ceilings in the financial sector is not her only challenge. Being a young gay female in a predominately older male-dominated space has also had its challenges. However, those struggles have created a strong foundation within her, helping her guide other women into financial freedom. Every day she works to redirect the financial narrative about women towards one of full possibility, plausibility, and excitement. Not only is she a spark but also the kindling, firing up other women to likewise pursue their own financial independence and sovereignty. Kelly Ann has been strongly championing women in various pursuits in 2022. Such as being actively involved with and an investor for Ellevest, the #1 investing platform for women by women. A pinnacle sponsor at the REBNY event: New York Forever: A Celebration of Our City, where she represented women as investors in the real estate space. She created and hosted a FemCoin event for the Women of Crypto at the Consensus 2022 festival in Austin, Texas. And she recently launched Fashion Full Circle, LLC with co-founder Sterling Woerner. This Texas-based company aims to create opportunities for women to step into their power and lead change in their communities. “Good things happen when women support women in business. Kelly Ann Winget has been a champion for women in finance and as an investor in Ellevest, is committed to getting more money into the hands of women.” – Sallie Krawcheck, CEO + Co-Founder, Ellevest Thank you for being a part of this segment of Joshua “The World's Mayor” on the Live Mana Network, brought to you by the Live Mana Worldwide Foundation. The Live Mana Network is broadcast all over the world on your favorite streaming audio and video platforms like Apple TV, ROKU, Amazon Fire, and iTunes. You can also find us on Google News under the Live Mana Worldwide Foundation! Be blessed! Joshua "The World's Mayor"

CRE SharkEye Commercial Real Estate Show Hosted BY Yishai Breslauer

Trever Gallina joined the Marcus & Millichap Brooklyn office at the end of 2020 as head of the Retail Sales group. Prior to joining the firm Trever achieved twenty successful years as a retail leasing & sales broker in Manhattan and Brooklyn. During that time, he represented both landlords and retailers on a neighborhood and national level and has completed over $1B in gross volume transactions with nearly $100MM in sales. Trever's sole focus is Retail Investment Property Sales in Brooklyn. Trever is a member of REBNY, ICSC, and Young Men's/Women's Real Estate Association of New York (YMWREA). He is also a fundraiser for the nonprofit group, The Red Circle Foundation, providing financial assistance to military Special Operation families in their time of need. Trever is a lifelong alpine skier, having learned at the age of four, he has skied all over the Midwest, Summit County Colorado, Montana, and has enjoyed heli-skiing in British Columbia. He is a practitioner of Brazilian Jiu Jitsu, having trained in the country of origin. Born & raised in Madison, Wisconsin, he has lived in Williamsburg Brooklyn since 2001 with his wife Henrietta and daughter Grace. https://www.linkedin.com/in/trevergallina/ The CRE SharkEye Show https://www.youtube.com/c/YishaiBreslauer The best 6 secrets of commercial real estate download free https://lnkd.in/dZkCUFR The CRE Crash Course - Everything you need in order to get the Must Have Skills for Commercial Real Estate, in only 2 weeks https://www.crelaunchpad.com/cre-crash-course

Herrick Does That
Navigating NYC Affordable Housing: The Future of 421-a

Herrick Does That

Play Episode Play 24 sec Highlight Listen Later May 11, 2022 38:12


Chair of Herrick's Land Use and Zoning group, Mitch Korbey, and leader of our Real Estate Tax Incentives team, Brett J. Gottlieb, are joined by Basha Gerhards, Senior Vice President of Planning at REBNY and Sean Campion, Senior Research Associate at Citizens Budget Commission to discuss the next steps in the renewal of the 421-a “Affordable New York” law or Governor Hochul's proposed replacement, 485-w “Affordable Neighborhoods for New Yorkers”. Listen and become more familiar with what “what could be” and possibly “what should be” on the table with respect to pending legislation as lawmakers debate solutions for affordable housing in New York City.Music by Michelangelo Sosnowitz

Real Talk with QHT
What happens when someone blocks your party driveway? + The one thing you need when buying a property in NYC + Average 30 yr fixed rate mortgage now Over 4%

Real Talk with QHT

Play Episode Listen Later Mar 21, 2022 14:14


In this week's episode, George talks about a recent situation in which a Queens homeowner had their party driveway blocked by a neighbor who put up an iron gate preventing him from using it. What do you do in this situation? Find out in this episode... George then discusses one of the most important things you should have when buying a property in NYC. In short, he talks about the important of working with an agent who is a member of multiple MLS's since here in NYC ever borough has their own MLS and agents in each one list properties in other boroughs. George then talks about two upcoming listings, current mortgage news, some comments from Lawrence Yun (Chief Economist for NAR), the 10 year treasury, and the Stock Market. As always if you have any questions, feel free to contact us at http://www.queenshometeam.com/askqht File a Complaint for something Blocking your Driveway: https://portal.311.nyc.gov/article/?kanumber=KA-01980 OneKey MLS: https://www.onekeymls.com/ OLR: https://www.olr.com/ REBNY: https://www.rlsny.com/ Brooklyn MLS: https://www.brooklynmls.com/ Mortgage Rates soar past 4%: https://finance.yahoo.com/news/mortgage-rates-soar-past-4-percent-143733545.html?_pxl=djoxLGM6MTZiYTAxMzEzMjYxMzksYTox --- Send in a voice message: https://anchor.fm/queenshometeam/message

Jere Metcalf Podcast
246. Louise Phillips Forbes: How to Create the Career That Will Take You to the Top

Jere Metcalf Podcast

Play Episode Listen Later Nov 15, 2021 64:37


Today I'm talking to Louise Phillips Forbes with Brown Harris Stevens in New York City. From Nashville Tennessee to top NYC Real Estate Broker... For over three decades, Louise has been an industry leader in New York City's residential real estate market. With career sales exceeding $4 billion, she is considered one of the elite Power Brokers in Manhattan. Louise was named the Residential Agent of the Year by REBNY (the Real Estate Board of New York) in 2020 for her consistent achievements and leadership within the industry. A multi-time winner of Halstead Real Estate's (now Brown Harris Stevens) esteemed Broker-of-the-Year award, Louise has also been acknowledged many times as the #1 listing broker companywide and currently leads one of the firm's top sales teams. Most recently, REAL Trends, who consistently lists her among their annual “Real Estate Top 250”,  named Louise Phillips Forbes as one of “America's Best Real Estate Agents .She and I talk about‘How to Create the Career That Will Take You to the Top'Jere interviews the world's most renowned and best real estate agents around the country and the world.These outstanding Agents tell their stories, how they got into the business, and what has made them successful in one of the oldest and most competitive industries.All of this on the “Jere Metcalf Podcast, Top Real Estate Agents tell how they do it.”www.JereMetcalfPodcast.comPowered byJere Metcalf Partners404.627.7789jere@jeremetcalfpartners.comJeremetcalfpartners.com

CoreNet Gobal NYC
The City We Want – How Do We Get There?

CoreNet Gobal NYC

Play Episode Listen Later May 4, 2021 58:53


April 28, 2021 - The coming year will be one of the most pivotal moments in New York’s history. The Pandemic landed a body-blow to families, communities and businesses. As we begin the hard work of repairing the social and economic damage, there is an understanding that Covid-19 exacerbated many of the city’s pre-existing ills and injustices. It also demonstrated the resilience and creativity of its people. Against this backdrop, we will have a new mayor and a fresh administration ready to make their mark. In addition, a full 60% of the City Council will be new to their posts. And Washington DC seems to be focused on policies, and dollars, that are more NYC-friendly. This panel will discuss the opportunities and challenges of “city building” in this period. What are the big Land Use and Zoning initiatives being considered? What are the barriers to change and development? How do we balance city-wide needs with local interests? Moderator: Dan Kaplan, FAIA, Senior Partner, FXCollaborative Speakers: Keith Powers, Council Member, NYC Council Miriam Harris, Executive Vice President, Trinity Place Partners Basha Gerhards, Vice President, REBNY

Engel & Cabrera Present Boroughs & 'Burbs, the Real Estate Review
Boroughs & Burbs 25 "Neighborhoods" How New York became the City it is Today & The Numbers that Matter

Engel & Cabrera Present Boroughs & 'Burbs, the Real Estate Review

Play Episode Listen Later May 1, 2021 73:54


Last week we stayed uptown. This week we'll tour Manhattan's neighborhoods with 2 experts: Jeffrey Goodman hosts the popular "Rediscovering New York" walking tours showcasing the city's great neighborhoods culturally and historically. But, since we are Realtors and care about the implications on real estate values, we'll be asking Michael Goldenberg to break down the numbers district by district.Jeffrey Goodman, a 4th generation New Yorker in the Columbus Avenue office will highlight for us the most important cultural and historical facts of these famous Manhattan neighborhoodsMichael Goldenberg lives in Greenwich Village and has managed offices on the Upper West Side and SoHo. We want Michael to break down the numbers for us. Who's up? Who's down, and why?Points that came up for discussion:1. Infrastructure. How has it shaped neighborhood development?2. Anchors that make up a neighborhood. 3. Names matter. Who wants to live in Hell's Kitchen?4. Zoning. 6. The public is ahead of the government on law-making. What that means for neighborhoods.7. Housing stock. Which neighborhoods are still developing and why?8. Greg Heym's inventory report and how to use it.9. Urban Digs.Use the Meeting ID: http://zoom.us/j/92135931351  Subscribe now: http://bit.ly/399yevLfirst aired Thursday, April 28 from 4:00-5:00pmMichael A. Goldenberg's 25 years in the Manhattan real estate business have been highlighted by the respect and admiration received from his colleagues and associates. As Managing Consultant of Brown Harris Stevens' West Side office, Michael is responsible for the professional growth of over 160 agents. He brings a varied background in real estate, business, and finance which enlarges his repertoire of tools utilized to champion his brokers' and agents' businesses. Michael has a unique and comprehensive understanding of the New York City real estate market. Michael lives in a condominium in Greenwich Village. He is an active member of The Real Estate Board of New York, currently serving as co-chair of the Government Affairs Committee and co-chair of the West Side Committee of REBNY.  He believes that there is no better place to live, work, grow, enjoy, and flourish than New York City.Jeffrey Goodman. A fourth generation New Yorker with a thorough understanding of his hometown's evolving neighborhoods and fluctuating real estate market, Jeff is not only devoted, but an expert at helping his clients achieve their goals. He works with sellers to sell their properties for the best possible price and helps buyers fulfill their dreams by finding and securing their new home or pied-a-terre. Jeff also draws on his extensive international travels and the skills he developed over 25 years as an advertising executive to help investor clients find promising investment properties. Roberto Cabrera - With 20 years of experience, I have been recognized throughout the industry for achieving outstanding results: Ranked nationally by REAL Trends as one of "America's Best Real Estate Agents” for avg. sales price of $4.350M. Sold a single family Townhouse faster than any other on the Upper West Side over $10M. I live with my wife and daughter on the Upper West Side, the neighborhood I have called home for the past 23 years. I was originally born in Richmond, Virginia and grew up in Maryland.John Engel - John Engel is a consistently top-producing agent in Fairfield County, Connecticut. John recently won the 2019 Realtor of the Year Award in New Canaan where he is currently the Chairman of the Town Council. John also brings an insight into internet-based marketing that is unsurpassed. Before going into real estate he was the founder of two successful internet businesses, Paper.com and e-Media for which he won the prestigious Entrepreneur of the Year Award. 

The LIEB CAST
Can Landlord's Agents Collect Brokerage Fees from the Tenant?

The LIEB CAST

Play Episode Listen Later Apr 18, 2021 48:23


We review how the largest real estate trade organizations and brokerage companies in New York challenged the government's decision to uproot the brokerage residential rental industry. While this episode is highly technical, it will breakdown the multiple layers involved with understanding the legislative system.

Talking Manhattan
The Legal Side of Today's Markets with Neil Garfinkel

Talking Manhattan

Play Episode Listen Later Mar 11, 2021 18:45


Today, Neil Garfinkel, REBNY's Broker Counsel and Partner at AGMB, sits down to talk with UrbanDigs' Noah Rosenblatt and John Walkup about what's happening on the legal side of transactions these days. From sales hurdles to rental issues, Neil has seen it all and has a forward-looking perspective to keep you ahead of the game. Neil's page at AGMB: https://agmblaw.com/project/neil-garfinkel/ Check out the NEW UrbanDigs! Charts | Comps | CMAs | Infographics | Market Commentary | and More! https://www.urbandigs.com/ Link to our overview of Manhattan or Brooklyn real estate stats: https://www.urbandigs.com/marketwide-charts/ For more Manhattan and Brooklyn real estate conversations: http://www.talkingmanhattan.com/ Sign up to get these delivered to your inbox each week: https://tinyurl.com/TalkingManhattan

Engel & Cabrera Present Boroughs & 'Burbs, the Real Estate Review
#17 Top Realtor Zoom Is the Luxury Market on Fire in Manhattan? | Boroughs & Burbs 2/25/2021

Engel & Cabrera Present Boroughs & 'Burbs, the Real Estate Review

Play Episode Listen Later Mar 1, 2021 65:57


This week The Real Deal reports that the "Manhattan luxury market sees another strong week"Architectural Digest says "New York is Officially the World's Wealthiest City for Real Estate" Mansion Global says, "Manhattan's Luxury Market Notches Strongest 3-Week Streak in 6 Years"And the New York Post said, "Luxury apartments holding steady in Manhattan, folding in Queens"Is the luxury market back, or is it simply heading in the right direction?This week we ask two of the top agents in the Manhattan luxury market to unpack these headlines and tell us what's really going on. If anybody is going to give it to us straight, its these two agents. You've met Louise Philips Forbes on the show twice before. We love "Weze's" high energy and her broad knowledge of luxury properties from the West Village to the Upper East Side. She runs the #17 team in New York, is currently listing 24 properties including two over $10 million and has another 6 currently under contract. I guarantee if we say something outrageous or just wrong then "Weze" will call us out on it.Daniella Schlisser is a bona-fide super-producer, currently ranked #52 among all New York agents, with 16 luxury properties including two over $10 million and has another 2 under contract. She's fluent in 5 languages (but we're going to stick to English this week)  Daniella, can you say "New York is back" five different ways?Daniella G. Schlisser For the last 20 years, Daniella Schlisser has been recognized as an industry expert representing some of the finest properties in New York City luxury real estate. Migrating her business to Brown Harris Stevens in 2014, Daniella continues to enhance her reputation for success, consistently earning recognitions such as "Most Deals of the Month" and ranking within the top 15 agents at the firm. Daniella's breadth of industry knowledge and sophisticated style of practice have earned her media attention both locally in The New York Times, New York Post, New York Daily News, CBS, The Real Deal and internationally on television networks such as Austria's ORF and Germany's RTL. A meticulous, high-energy professional, Daniella has earned the accolades, referrals and repeat business that have carved her success. Her extensive experience covering primary, pied-a-terre and investment transactions as well as new development sales representing developers, individual sellers and purchasers alike has proven invaluable to all her clients. She is a personable, multi-faceted individual who relates well with everyone she meets, from longtime Manhattanites to out-of-towners and sophisticated worldwide investors. Louise Philips Forbes For over three decades, Louise Phillips Forbes has been an industry leader in New York City's residential real estate market. With career sales exceeding $4 billion, she is considered one of the elite Power Brokers in Manhattan. Louise was named the Residential Agent of the Year by REBNY (the Real Estate Board of New York) in 2020 for her consistent achievements and leadership within the industry. A multi-time winner of Halstead Real Estate's (now Brown Harris Stevens) esteemed Broker-of-the-Year award, Louise has also been acknowledged many times as the #1 listing broker companywide and currently leads one of the firm's top sales teams. She has developed a significant following among developers, buyers, and sellers throughout Manhattan. From the Upper West Side and Upper East Side to the West Village, Tribeca and Wall Street, she proudly serves prominent New Yorkers. Louise's experience in both luxury residential sales and in development projects—over 30 to date—has equipped her with the unique ability to fully understand clients' needs, navigate fluctuations in the market, and negotiate complicated deals ranging from $700k to tens of millions of dollars. 

Schneps Connects
The State of NYC Real Estate with James Whelan, President of the Real Estate Board of New York (REBNY)

Schneps Connects

Play Episode Listen Later Dec 14, 2020 22:45


This episode we are talking NYC real estate with James Whelan, President of the Real Estate Board of New York (REBNY), the City’s leading […] Read More

Real Estate Investing – Live from New York
54: Building With Foreign Capital With David Kronman

Real Estate Investing – Live from New York

Play Episode Listen Later Nov 3, 2020 58:24


On this week's episode, I am broadcasting an interview I held for REBNY with David Kronman of Cape Advisors, a prolific developer in New York City and the Hamptons. David and Cape Advisors are behind iconic developments including Mondrian SoHo, 30 Warren, 75 West Broadway, Greenwich West/110 Charlton Street and 5 Crosby Street (all in Manhattan) and the Watchcase in Sag Harbor, NY. Tune in to hear about what they are currently working on during the COVID-19 impact and how they have prospered through.

Conversations Matter
Conversation with Reba Miller

Conversations Matter

Play Episode Listen Later Oct 23, 2020 35:46


With 36 years in the real estate industry, Reba Miller has sold over $1 billion in real estate and has built a niche on the Upper East Side, Upper West Side and along the Gold Coast corridors of Park, Madison and Fifth Avenues. She has been the director of sales and marketing arm for 23 buildings and represented the Sponsor in other top residential condominium buildings. Reba was awarded in October 2014 the prestigious Henry Foster Award given by REBNY, has won both the Sale and Rental Deal of the Year given by Manhattan's Real Estate Board of New York. In 2018 + 2019, Reba's team, RP Miller Team was named the #7 team in GCI for Berkshire Hathaway HomeServices New England, New York and Westchester Properties. She is one of our top producers in our Manhattan office and always lends a helping hand to her peers and to our industry. She currently sits on the Ethics Committee of the Real Estate Board of New York and is involved in many seminars, webinars, and educational seminars and is often asked to teach the Ethics to new industry agents.

The Sabre Advisors Audio Experience
[Ep 5] Jeff Roseman | VC Newmark Knight Frank

The Sabre Advisors Audio Experience

Play Episode Listen Later Sep 8, 2020 14:04


This is: At Home With Our Homies. At Home With Our Homies is an Interview Podcast that started right as COVID-19 Began. Hosted by Jayson Siano, CEO & Founder of Sabre Real Estate, who utilized this extra time home to interview his friends who happen to be the top producers in the Retail, Fitness, Health, Real Estate and Business industry. Listen along for entertaining interviews full of deep perspective on the current state of things along with quirky rapid fire questions and more! Airdate: 3/31/20. Our own Jay Siano interviews Jeff Roseman, the vice chairman of Newmark Knight Frank, one of the world's leading commercial real estate advisory firms. A founding partner of Newmark Knight Frank's Retail division, Jeff Roseman is a top producer for the firm and widely acknowledged as an industry leader in landlord and tenant representation. Mr. Roseman has assisted numerous retailers in their expansion strategies both nationally and internationally. He has also worked on behalf of some of the country's most active developers and landlords. In his more than 25-year career, he has completed transactions totaling more than 10 million square feet of retail space, with a value in excess of $2 billion. Currently, Mr. Roseman represents property owners that include Fosun, Benenson Capital Partners, Reading International, RPW Group, Skyline Developers and The Stahl Organization as well as retailers such as Angelika Theaters, Blink Fitness, Blue Bottle Coffee, Republic Bank and Tender Greens. Mr. Roseman has been responsible for some of New York City's highest-profile retail deals, including: Conversion of the 75,000 SF former Bowery Savings Bank on 42nd Street into the legendary Cipriani event space. Room & Board's 60,000 SF at 17th Street in Chelsea. Barneys New York's 55,000 SF return to its original Seventh Avenue and 17th Street location. Cinemex Theaters' first New York City location, 50,000 SF at First Avenue and 62nd Street. Additionally, spearheading its entire U.S. entry, with 10 locations and counting. The first Whole Foods New York City location, 50,000 SF on Seventh Avenue in Chelsea. Alamo Drafthouse Cinema's 40,000 SF at 28 Liberty. Legends Hospitality Group's 35,000 SF at 28 Liberty. The National Basketball Association's (NBA's) 25,000 SF flagship on Fifth Avenue and 45th Street. Equinox Fitness Clubs' flagship locations at 315 Park Avenue South, One Park Avenue, 420 Lexington Avenue, 588 Broadway and 897 Broadway. The successful marketing and leasing campaign at 625 Madison Avenue, with retailers Canali, Diesel, Fratelli Rossetti, Lavo restaurant and Philipp Plein. Tiffany's flagship downtown location at 37 Wall Street. Mr. Roseman is a four (4) time winner of the Real Estate Board of New York's (REBNY's) Retail Deal of the Year award for the following transactions: The successful marketing and leasing of the 200,000 SF Harlem USA Project Whole Foods' first and flagship store in New York City, located at Seventh Avenue and 24th Street The revitalization of West 14th Street with Guitar Center's first New York City location. Leasing the entire building "where the ball drops on New Year's Eve," the world-famous One Times Square, to Walgreens. A frequent lecturer and advisor to the media on all aspects of retail real estate, Mr. Roseman has appeared on The Fox Network, CNBC, NY1, CUNY Network and Bloomberg Radio. Mr. Roseman is a member of REBNY, The Retail Real Estate Board of New York and the International Council of Shopping Centers (ICSC). He also sits on the boards of a number of charities.

The Sabre Advisors Audio Experience
[Ep 2] Cory Zelnik | President & Founder of Zelnik & Company

The Sabre Advisors Audio Experience

Play Episode Listen Later Aug 28, 2020 17:14


This is: At Home With Our Homies. At Home With Our Homies is an Interview Podcast that started right as COVID-19 Began. Hosted by Jayson Siano, CEO & Founder of Sabre Real Estate, who utilized this extra time home to interview his friends who happen to be the top producers in the Retail, Fitness, Health, Real Estate and Business industry. Listen along for entertaining interviews full of deep perspective on the current state of things along with quirky rapid fire questions and more! Today on Episode 2, our own Jay Siano interviews Cory Zelnik, the founder and CEO of Zelnik & Company, LLC, a leading boutique retail real estate firm based in New York, New York. Filmed during the beginning of COVID 19, Cory gives a great perspective while living in NYC at this time. Air date 3/25/20 As Founder and CEO of Zelnik & Company, LLC, Mr. Zelnik has launched, crafted, and packaged some of the largest corporate real estate expansions on the east coast. From working with legendary banking and investment staple JPMorgan Chase, to fitness gym Blink Fitness, service hub Nordstrom Local, and food service giants Panda Express, Starbucks, Smashburger, and Dunkin Donuts, Mr. Zelnik has presided over and specialized in the retail needs of prominent property owners and institutions along with some of the top national retailers for more than three decades. With his independent real estate firm and team, Mr. Zelnik contrinues to solidify his name as a brand withpreparedness, discipline, and integrity. Prior to running Zelnik & Company, Mr. Zelnik emerged in the business as thr Real Estate Representative for CVS, responsible for their market expansion program into metropolitan New York, an area that had previously been uncharted waters for the giant chain. After three years at CVS, and in what can only be perceived as the ultimate industry compliment, Zelnik's “drug store” expertise was sought after by Winick Realty Group, who hired him to help manage another pharmacy giant, Duane Reade. It was here that Zelnik and Winick brought success to help Duane Reade grow at an astronomical pace: some 200 new stores opened over a span of eight years. As Partner and President of Winick Realty Group for over a decade, Mr. Zelnik specialized in the field of retail leasing throughout the tri-state area. His expertise in the field has been called upon by top publications in the New York area; from the New York Times to the New York Post, and in trade magazines such as The Real Deal, Mann Report and others. Mr. Zelnik prides himself on loyalty, respect, and trust. With a focus on retail space, and the value it adds to the property economically, Mr. Zelnik recognizes that the real estate market in the tri-state area is constantly evolving, thus – so is he. His track record has mirrored the upward swing of the real estatebusiness; growing, building, and maintaining its structure and polish since the late 1980's. “I have been and continue to be in it for the long haul, and bring value add and success over time, not instant gratification.” Cory is a Graduate of University of Maryland and a member of REBNY and ICSC.

Global Luxury Real Estate Mastermind Podcast
Ellie Johnson,President of Berkshire Hathaway Home Services New York "Inspiration & Motivation are achieved through Action" on Global Luxury Real Estate Mastermind with Michael Valdes Podcast #125

Global Luxury Real Estate Mastermind Podcast

Play Episode Listen Later Jun 23, 2020 36:40


Ellie Johnson,President of Berkshire Hathaway Home Services New York "Inspiration & Motivation are achieved through Action" on Global Luxury Real Estate Mastermind with Michael Valdes Podcast #125I have known Ellie Johnson for over 15 years and we remain dear friends to this day. She ran the most successful office in the world for the Sotheby's brand and now as President of Berkshire Hathaway Homes Services New York, she brings her skill set to another highly motivated group of agents selling property in the most competitive city on the map. Her ability to motivate others to achieve results is impressive and she shares personal stories within this podcast of lessons learned and her blueprint to success. Enjoy!More About Ellie Johnson: Described by peers and the media as "one of the finest and most charismatic brokers in the industry", Ellie Johnson has dedicated her career to teaching and training real estate agents how to excel in the business. In 2017, Berkshire Hathaway HomeServices turned to Johnson to launch and lead their first-ever New York City office. As President of Berkshire Hathaway HomeServices New York Properties, her mandate includes preserving and enhancing this world-class brand by recruiting and nurturing agents aligned with the company's core values of integrity and service to all clients. Leveraging her vast New York City knowledge and associations with an emphasis on the brokerage's long-term growth and expansion efforts.After moving to New York City in 2000, she first became a relocation director with a Manhattan firm, then went on to create her own successful real estate brokerage. In 2005 Sotheby's International Realty, Inc. recruited Johnson to run their Upper East Side office. Under her leadership, the perennial sales-volume won her the coveted NRT President's Council Award for 10 continuous years. During her tenure, she is credited with cultivating talent, locally and abroad, which led to the organization's rapid, successful global expansion. The methodologies and trainings that she created for her office became the model adopted by all of Sotheby's international affiliates.Johnson's career began in California where she honed her management and sales skills in the hospitality industry. Discovering a passion for real estate, in Johnson's first year she won "Rookie of the Year" for selling 14 homes in San Francisco bay area. Those lessons learned would later apprise her management style and together with her rich international experience, garner her leadership roles at Manhattan's top brokerages.A licensed real estate broker in New York, Connecticut and California, Ellie is an active member of REBNY, an elected member of NYRS's Board of Advisors and Ethics Committee and is frequently called upon to share her industry insights at events, conferences and panels. In 2019, Johnson was elected to the governing board of Open House New York, a nonprofit devoted to supporting and celebrating the city's premier architecture and those who help design, build and preserve it. When not working, Ellie enjoys traveling, reading a good book, exercising and spending time with her grandchildren.More About Michael ValdesMichael Valdes is the newly named executive vice president of International Expansion at eXp Realty. Previously Michael was the senior vice president of global servicing for Realogy Corporation, one of the world's largest real estate companies and parent to Coldwell Banker, C21 and Sotheby’s.Earlier in his career, Mr. Valdes was Director of Private Banking at Deutsche Bank for just under a decade where he oversaw a book of business of just under $1 billion. He has the distinction of being the first Director in the United States of Latino descent. Mr. Valdes is the Chair of the AREAA Global Advisory Board and co-host of the 2020 AREAA Global Luxury Summit. He is also a current member of the NAHREP Corporate Board of Governors. Additonally, he is the Executive Chair of the ONE VOZ, Hispanic ERG for the firm. He is a former Board Member of Mount Sinai Hospital in Miami Beach as well as the Shanti Organization in San Francisco. Michael was also a Board Member of Pink & Blue for 2, an organization started by Olivia Newton-John to promote breast and prostate cancer awareness.

Talking Manhattan
FIrst and Foremost, Do the RIght Thing: Neil Garinkel on Current Deals

Talking Manhattan

Play Episode Listen Later Apr 30, 2020 23:00


Neil Garfinkel, REBNY broker counsel & managing partner at AGMB Law, joins Noah Rosenblatt and John Walkup of UrbanDigs to talk about what's happening behind the scenes in NYC real estate as the markets continue their virus pause. If you like Neil's 'Legal Line', you'll like this - good stuff! Neil's page at AGMB: https://agmblaw.com/project/neil-garfinkel/ REBNY Legal Line (requires login): https://rebny.com/content/rebny/en/newsroom/E-Newsletters/BrokerageLegalLineQuestion.html Intel is gold! Visit our professional agent forum: https://www.urbandigs.com/forum/index.php?forums/main-forum.2/ Track the New York City real estate market with real-time data and charts: https://www.urbandigs.com/ Link to our overview of Manhattan or Brooklyn real estate stats: https://www.urbandigs.com/marketwide-charts/ For more Manhattan and Brooklyn real estate conversations: http://www.talkingmanhattan.com/

Real Estate REality Check | Real Estate & Business Career Success Education and Training

Introduction:   Today’s guest is Brad Gerla, an Executive Vice President at CBRE and the 2014 award winner for REBNY’s Sales Brokers Most Ingenious Deal of the Year Award for 11 Madison Avenue. Given the manner in which Brad exudes a youthful yet passionate and relentless nature to make a difference for landlords and tenants alike, he reminds me of what Albert Einstein was conveying in his quote “Try not to become a man of success, but rather try to become a man of value.”   Episode Notes:   At 1:49, Brad Gerla discusses finding the balance between having fun and the business of real estate. At 3:28, Brad notes the importance of “doing your homework” on your clients as you are negotiating on behalf of them. At 5:27, Gerla stresses to know the business inside and out, and advises not to go half-assed into anything – whether that be a pitch, presentation, or meeting. At 6:57, he dives into his start in the business, and elaborates on his mentor Jim Gross. At 9:43, Brad speaks on leasing office buildings and knowing the product, as well as space tours being your time to impress. At 12:17, Gerla highlights CBRE’s platform and the firm’s resources. At 13:51, he touches upon the Harlem Lacrosse charitable initiative. At 15:54, Brad informs us of being a voracious reader, and the opportunity one can receive through reading. At 19:10, Gerla credits networking to being a key in business, and recollects meeting Larry Haber at the ICSC convention in Las Vegas a couple of years ago. At 21:35, he shares how he approaches the “game of life” – family, health, and business. At 23:17, Brad talks about the over 60 lacrosse team in which he plays on. Gerla also notes that it’s easy to stay focused when one is on a winning team in business. At 25:24, he discusses Leasing REality’s and AGMB’s David Byrne January event, and how he goes about making a difference in the community. At 27:53, Brad reminisces about winning REBNY’s Sales Brokers Most Ingenious Deal of the Year Award for 11 Madison Avenue in 2014. At 30:21, Gerla dishes on being a “glass half full” guy, and how he confronts challenges. At 31:35, Brad Gerla closes out the podcast mentioning how his real estate stories would make for great reading.

Off Topic/On Politics
Should Renters Pay Brokers' Fees?

Off Topic/On Politics

Play Episode Listen Later Feb 13, 2020 25:47


A surprise ruling by state regulators has put the debate over brokers' fees in the spotlight. NY1's Zack Fink, Courtney Gross, and Juan Manuel Benitez discuss. They also analyze the escalating tension between Mayor de Blasio and the police unions after an attack on officers in The Bronx. Join the conversation or share your "Most New York Thing of the Week" On Twitter: #NY1OffTopic or @ZackFinkNews, @JuanMaBenitez, and @Courtneycgross Email: ny1podcasts@charter.com For more information: ny1.com/offtopic

Talking Manhattan
The Good, the Bad, & the Ugly - Talking Policy with REBNY's James Whelan

Talking Manhattan

Play Episode Listen Later Dec 19, 2019 23:14


REBNY President James Whelan sits down with Noah and John to talk about the slew of new regulations pressuring the market, what issues the City and State are considering, and what REBNY has in store for 2020. A great bird's eye view of what the industry is dealing with and a primer on how to help make changes.

MyOutDesk: Scale The Podcast
Inman Top-100 Most Influential Real Estate Leader(with Nicole Beauchamp)

MyOutDesk: Scale The Podcast

Play Episode Listen Later Aug 20, 2019 45:23


What does it take to succeed in New York City's ultra-competitive real estate market - and what will you learn from one of that market's top-producing agents? Like the song says, "if you can make it here, you'll make it anywhere!" - and in this exclusive upcoming interview, you'll learn the tips, tricks & techniques employed by Nicole Beauchamp to take a bite out of the Big Apple. As trusted real estate advisor & media personality, Nikki is often quoted across a variety of print, television and online media including The The New York Times, CBS 2 New York, The Real Deal, Curbed, Brick Underground, New York Observer, Information Week, Huffington Post, Realtor.com and Inman News. She uses her reputation to give back to the real estate industry in New York and beyond, as an active member of Real Estate Board of New York, the Federation Internationale des Administrateurs de Biens Conseils et Agents Immobiliers, a member of Asian Real Estate Association of America) & the Real Estate Educators Association. She was named as one of Inman News’ 2014 100 Most Influential Real Estate leaders & she is a contributing writer for Inman News. Nikki is often quoted across a variety of print, television and online media including The New York Times, CBS 2 New York, The Real Deal, Curbed, Brick Underground, New York Observer, Information Week, Huffington Post, Realtor.com ,Inman News, and is often invited to participate at national conferences and universities in addition to REBNY. Learn More: https://www.myoutdesk.com

Peer 2 Peer Real Estate's podcast
Show 79 Where do you look for properties?

Peer 2 Peer Real Estate's podcast

Play Episode Listen Later Mar 8, 2019 15:46


Date: March 8th, 2019About me:Hi! My name is William and I’m the guy behind OneWillPropertiesLLC.com. & peer2peerrealestate.com I started my real estate education in 2007, which included REIT stocks, Crowdfunding & acquiring properties creatively. Currently working on acquiring deals in New York, New Jersey, & Pennsylvania I’m really a guy who wants to invest for the future and make a comfortable living doing what I love. I am grateful for my friends, associates, and mentors, for how they’ve empowered me to pursue and achieve so many of my dreams so far. What I want to do is simply share what I've learned and give back.REBNY rallies members to fight proposed cap on rental broker fees. https://therealdeal.com/2019/03/01/rebny-rallies-members-to-fight-proposed-cap-on-rental-broker-fees/On Today's Show I talk aboutLandlords looking to cap realtors feesWhere to look for propertiesWebsites for searchingSuggestions on searching for propertiesWholesalers - Google "we buy properties" then city you want to invest in.Website- Use google ad words/seoBlogging- Writing on your site, facebook, linkedin, etc that you buy properties Vlogging- Using Youtube and other social media that you buy housesFamily- They might see a property that is boarded up, etc, and give you the informationFriends- Same as aboveFor sale by owner signs- Call them, Podcast- You can get your message across you buying homesCar- Have a logo on your carBandit signs- Hanging signs on light poles- "we buy houses cash"Zillow & Trulia- Rental ads, owners forced to be landlords because they couldn't sell. Craigslist.com- Check their rental adsCraigslist.com - Make your own ad "we buy houses"Eviction records- Most likely you need to go to court house to get themDirect Mail- Use listsource.com, to find absentee homeowners.Real Estate Clubs- Join https://connectedinvestors.com https://www.biggerpockets.com www.meetup.com Walking for dollars- You can target a neighborhood and look around for propertiesDriving for dollars- Same as above, but using either your car or a friends.Real Estate agent- Find a investor friendly agent, here is one: Stephanie-badillo.kw.com Did I leave anything out? what's your method of finding properties? let us know. Book I recommendThe One Thing- Gary Keller & Jay Papasan Where you can find mewww.peer2peerrealestate.comwww.facebook.com/peer2peerrealestatehttps://www.linkedin.com/in/williemorales/Creative Real Estate Forum Meetup Grouphttp://meetu.ps/c/47D5X/H8ymD/fPlease go to iTunes find us at Peer 2 Peer Real Estate Podcast, subscribe and leave a reviewKeep the momentum going, Good things will happen.Thank you for listening. See acast.com/privacy for privacy and opt-out information.

Real Estate REality Check | Real Estate & Business Career Success Education and Training

Introduction: Today we have with us none other than the ground breaking Sandhya Espitia, who for the last year and a half has been busy moving mountains as the senior VP of brokerage services for the Real Estate Board of New York. Prior to her role with REBNY, Sandhya spent the previous decade, first at Harvard University in program development, and thereafter with the International Council of Shopping Centers (ICSC), as VP of industry education and certification. In line with her mantra of unlocking the status quo, Sandhya thankfully is a way bigger fan of the Red Hot Chili Peppers song “Power of Equality” when it comes to acquiring and passing along knowledge to REBNY and its members, than she is of the lyrics “We don’t need no education” by rock n’ roll hall of famers Pink Floyd. And just as importantly, in doing so, she accomplishes this in line with another one of her mantras, namely that of “Wherever you are, smile.”   Episode Notes: At 2:52, Sandhya Espitia describes her first job working for a developer who specialized in buying distressed assets. At 4:26, Sandhya shares her energy, work ethic, hustle, and hands on involvement in every single project. At 5:45, she notes her love for technology and the benefit of being connected. At 7:03, Sandhya points out that she is very big on trust, and chats about the advice she received from her former boss at Harvard University that has stuck with her. At 8:15, she informs us of her “Oh my!” moment (namely helping create a start-up within Harvard University, and thereafter partnering with the Dominican Republic to improve their education system). At 10:55, Sandhya said, “Any intention or any aspiration for change requires learning.” At 12:47, she discusses being a culprit and victim of “phubbing.” At 13:47, Sandhya shares her passion for change management, and her dislike of the status quo. At 14:41, she notes the need to change old practices within the industry, and adopt new ways of thinking. At 16:12, Sandhya believes in the power of the collective, multidisciplinary teams, experimentation and being ok with failure. At 17:37, she shares how she invests in herself, her enjoyment of being busy, and having worked on 5 different continents. At 18:54, Sandhya dives into giving back, and in particular, coaching friends and co-workers. At 21:14, she touches upon gender biases in real estate, and creating access and exposure for women. At 25:09, Sandhya mentions that life is all about purpose - and waking up with a plan. At 26:35, she highlights her attraction in solving complex issues and real problems within organizations. At 28:15, Sandhya dishes on coaching, human interaction, and why it is so critical to treat people starting with a baseline of competence and intelligence (until proven otherwise). At 29:43, she shares lessons learned from her mother and father. At 32:15, Sandhya talks about change of attitude and self-investment. At 33:21, she enlightens us on her dream of going to space in her lifetime. At 34:06, Sandhya informs us on how she finds the balance through exercise, going on walks and spending time with her 3-year-old daughter. At 35:06, Espitia concludes the podcast with a statement on how she is proud to be someone who’s always thinking with the future in mind.

Real Estate REality Check | Real Estate & Business Career Success Education and Training

Introduction: Gene Spiegelman is the legendary two-time REBNY retail deal of the year winner, five-time top retail producer for his former company Cushman & Wakefield, and now Principal and Vice Chairman at RIPCO Real Estate. Clients of Gene’s over the years have included Gucci, Crate & Barrel, Trader Joe’s, Century 21 Department Stores, Eastgate Realty, Millennium Partners and Zeckendorf Development. With props out to one of his favorite bands back in the day, namely Public Enemy, given Gene’s knowledge of site selection, development, leasing, and acumen in negotiating complex retail transactions for both retailers and landlords, simply put, “He Got Game.” When Gene isn’t out being an agent of change for his client’s or rooting for his undergraduate alma mater the University of Maryland Terrapins, Gene enjoys spending time with his family, skiing and being on the water.   Episode Notes: At 3:25, Gene Spiegelman notes that focus is the most important aspect of developing a career. He also touches upon picking a discipline and then becoming a master of that discipline. At 5:00, Gene discusses planning with patience in mind, and beginning each week (and year) with a plan setting out objectives to accomplish your goals. At 6:23, he shares how his real estate career started with spending a day driving around shadowing a broker friend of his out canvassing industrial real estate properties on Long Island. Gene started out on a $200 per week draw at his first brokerage job upon graduation from the University of Maryland. At 8:10, he talks about pursuing his masters in real estate at New York University in the early 1990’s. At 9:14, Gene advises that “The best way to acquire knowledge is to listen.” At 10:24, he points out his love for libraries back in the day, and how research, listening and taking time to process is how one can gain knowledge. At 11:42, Gene notes that the risk in his move from Cushman & Wakefield to RIPCO was calculated. He felt that staying in place in a very large organization was more of a risk. What appealed to him about the move was that he could touch and feel the business at RIPCO and make a difference. At 14:12, Gene describes why he enjoys mentoring at both a professional and personal level, as well as building awareness and helping others who have celiac disease or other digestive disorders. At 16:05, he touches upon the opportunity to work and mold something with a great set of people in the entrepreneurial environment at RIPCO. At 17:55, Gene discusses how occupiers are controlling the conversation today, and RIPCO’s relationships with the “tenant community” (working with Target, Best Buy, etc.). At 20:08, he suggests not to make the mistake of pursuing the deal and not pursuing the client - one has to look down the road and pursue the larger objective. At 21:27, Gene dives into why he likes Public Enemy. At 25:36, Larry Haber talks about the “JIMI” experience, and Gene notes the power of people feeling good about what they are doing (and thereafter the purchasing process that follows). At 26:43, Gene encourages patience, the will to make mistakes, and to learn from one’s failures. The worst thing is to sit back and do nothing. At 29:21, he believes that the majority of people are successful working in a team and giving environment. At 31:56, Gene said, “The best partners are partners that go in different directions. Those that each have individual skill sets and disciplines, and who pursue different areas of their own expertise that they bring back to center.” At 35:36, he talks about his interview style of getting to know the interviewee at a personal level from the get-go. At 37:15, Gene looks back to December of 1992, the transition point of his career interviewing at the Edward S. Gordon Company. At 38:39, he shares his career advice for students, and why pursuing a professional license and/or certification is attractive. At 43:56, Larry asks Gene a “what would you do” type of question. At 48:58, Gene notes that he enjoys spending time on his boat anchored overnight, and skiing with his family. At 50:25, Gene Spiegelman closes out the interview and advises why you shouldn’t stop believing.

Real Estate Is Your Business - a real estate technology podcast
030 – Ryan Baxter of PASSNYC – PropTech, Education, and Going Big

Real Estate Is Your Business - a real estate technology podcast

Play Episode Listen Later Aug 16, 2018 51:33


PropTech, education reform in New York City, and motivating innovation… Ryan Baxter, making NYC’s built environment more educational, Founder/Chairman of PASSNYC, Real Estate Liaison for MetaProp NYC, and Co-founder of PropTech Challenge, and former Vice President of REBNY, joins Tom Kutzman in the MouthMedia Network studio powered by Sennheiser. Presented by Prevu.In this episode: Real estate tech/prop tech Baxter‘s unique path to prop tech, how he started in a trade association, Real Estate Board of NY His undying love for NYC, looking for way to work around that, loved lobbying as a concept The opportunity to make lots of impact How the Association is older than NYC, serves more than 17,000 members across real estate professions How Baxter started a regulatory effort on changing how ConEd treats power plants within buildings, taught him a lot about how NYC interacts with and treats tech Aaron Block, a founder of PropNYC,  knocked on door asking for help, saw them as distribution platform How his work allows outcome beyond pursuit of wealth Bing Co-Founder of Protech challenge, started last year grew to over 100 people from 47 companies, Moving from personally-participated to virtually to impact many more people, to spur innovation, increase diversity, and create opportunities around the world An augmented reality tool to overlay real time building information, helpful for engineers to know what a particular system’s flow of info in real time A lack of agility and responsiveness in real estate is going changing The need to understand that there are only five value propositions A limitless opportunity for the human imagination A $230 Trillion and growing opportunity worldwide Developers should lean into PropTech Why PropTech is years behind FinTech, yet broader than any other tech vertical we’ve seen Is PropTech only one part of it, and a low hanging fruit, and limiting lens? MetaProp Starting with community building approach as a new fund Why learning the language across the industry is crucial Promoting better educational access and equity using community organizing and coalition tactics Why the tip of PropTech spear should be public schools, and how they can design the future Enabling schools to be specialized, motivating participation and resource provision, and working toward continual desegregation The debate on why specialized schools have value The Empire State Building, Jay-Z, and a great restaurant

Blue Collar Buzz
BCB 6/26/18 BK CVS Contract Fight, Pt.1

Blue Collar Buzz

Play Episode Listen Later Jun 25, 2018 11:46


On this episode of LaborPress’ Blue Collar Buzz we’re revisiting the workers at CVS on Flatbush Avenue and their ongoing fight to become the first unionized shop on the East Coast to secure a fairly bargained contract from the giant pharmaceutical chain. Despite successfully organizing nearly three years ago, CVS continues to drag its feet. Local 338’s Mike Pasquaretta and Yomaira Franqui fill us in on the latest. Also joining us in the studio are labor historian Jane LaTour and labor rights and anti-REBNY activist Ray Rogers who discuss the ongoing closures of small businesses throughout the city, as well as the more than 450-day old strike against Cable-TV behemoth Charter/Spectrum.

Blue Collar Buzz
BCB 6/26/18 Jane LaTour & Ray Rogers/NYC's Small Business Survival Act

Blue Collar Buzz

Play Episode Listen Later Jun 25, 2018 11:06


On this episode of LaborPress’ Blue Collar Buzz we’re revisiting the workers at CVS on Flatbush Avenue and their ongoing fight to become the first unionized shop on the East Coast to secure a fairly bargained contract from the giant pharmaceutical chain. Despite successfully organizing nearly three years ago, CVS continues to drag its feet. Local 338’s Mike Pasquaretta and Yomaira Franqui fill us in on the latest. Also joining us in the studio are labor historian Jane LaTour and labor rights and anti-REBNY activist Ray Rogers who discuss the ongoing closures of small businesses throughout the city, as well as the more than 450-day old strike against Cable-TV behemoth Charter/Spectrum.

Blue Collar Buzz
BCB 6/26/18 Jane LaTour & Ray Rogers/Spectrum Strike

Blue Collar Buzz

Play Episode Listen Later Jun 25, 2018 11:37


On this episode of LaborPress’ Blue Collar Buzz we’re revisiting the workers at CVS on Flatbush Avenue and their ongoing fight to become the first unionized shop on the East Coast to secure a fairly bargained contract from the giant pharmaceutical chain. Despite successfully organizing nearly three years ago, CVS continues to drag its feet. Local 338’s Mike Pasquaretta and Yomaira Franqui fill us in on the latest. Also joining us in the studio are labor historian Jane LaTour and labor rights and anti-REBNY activist Ray Rogers who discuss the ongoing closures of small businesses throughout the city, as well as the more than 450-day old strike against Cable-TV behemoth Charter/Spectrum.

Blue Collar Buzz
BCB 6/26/18 BK CVS Contract Fight, Pt. 2

Blue Collar Buzz

Play Episode Listen Later Jun 25, 2018 10:50


On this episode of LaborPress’ Blue Collar Buzz we’re revisiting the workers at CVS on Flatbush Avenue and their ongoing fight to become the first unionized shop on the East Coast to secure a fairly bargained contract from the giant pharmaceutical chain. Despite successfully organizing nearly three years ago, CVS continues to drag its feet. Local 338’s Mike Pasquaretta and Yomaira Franqui fill us in on the latest. Also joining us in the studio are labor historian Jane LaTour and labor rights and anti-REBNY activist Ray Rogers who discuss the ongoing closures of small businesses throughout the city, as well as the more than 450-day old strike against Cable-TV behemoth Charter/Spectrum.

The Harlem World Magazine Podcast
Brian Phillips And Charlie Lewis Talk Uptown Open House Expo

The Harlem World Magazine Podcast

Play Episode Listen Later Feb 9, 2018 31:45


Listen to Harlem trailblaers, Brian Phillips And Charlie Lewis, as he talks education from Harlem to Hollis and more, with host Danny Tisdale, on The Danny Tisdale Show.Join Danny Tisdale host of The Danny Tisdale Show as he talks to co-chairs of the event Brian Phillips of Douglas Elliman Real Estate and Charlie Lewis of Warburg Realty Real Estate about the REBNY hosting the Uptown Open House Expo in Harlem (www.rebny.com). The event is an all-access, free and public event where potential home buyers can conveniently view dozens of the hottest uptown Manhattan residential listings during this two-day event.House hunters will have the opportunity to learn about and explore, through a self-guided tour, exclusive co-op, condo and townhouse listings in Harlem (East, Central and West Harlem);- video upload powered by https://www.TunesToTube.comSUBSCRIBE to our YouTube channel for more videos: www.youtube.com/harlemworldmagazine.comwww.facebook.com/harlemworldmagazine.comwww.harlemworldmagazine.comSupport the show (https://www.patreon.com/theharlemworldmagazinepodcast)

Duke Long Commercial Real Estate With A Little Attitude Podcast
Podcast #147 Ryan Baxter (REBNY) Real Estate Board of New York.

Duke Long Commercial Real Estate With A Little Attitude Podcast

Play Episode Listen Later Aug 14, 2017 40:08


What is (REBNY) and do you know the legacy? Did they create real estate? Of course not but how have they remained relevant all these years? What initiatives are they executing for technology? Have you heard of the Property Data RFP? Why the deep push into the world of startups? All this and so much more.

Industry Relations with Rob Hahn and Greg Robertson
Industry Relations EP007:  Greg Fischer Takes Us Back to the Future with NYC Brokers vs. Zillow

Industry Relations with Rob Hahn and Greg Robertson

Play Episode Listen Later Mar 16, 2017 43:00


Industry Relations EP007  Greg Fischer Takes Us Back to the Future with NYC Brokers vs. Zillow   We’re feeling a little déjà vu at Industry Relations as controversy brews between Zillow and brokers in NYC. Everything old is new again with the launch of the premier agent feature on leading real estate marketplace StreetEasy. For the last ten years, agents across the country have dealt with syndication – and it seems New York real estate’s time has come. Today’s guest, Greg Fischer, serves as principal broker at Fred Real Estate Group in Bend, Oregon, and author of the blog Next in Housing. His unique background also includes work in the tech industry with real estate software companies Move, Inc. in San Francisco and Doorsteps in New York City. This makes him uniquely qualified to discuss the bruhaha as NYC brokers decide whether to pay the Zillow tax or boycott it. **Audio alert.  Robertson's audio track has an echo effect that we couldn't get rid of in post.  But Fischer and Rob audio (which handle the majority of the discussion) sounds great.***   What’s Discussed:  How NYC brokers reacted to the premier agent feature on StreetEasy How StreetEasy GM Susan Daimler justified the change Home shoppers deserve the option to connect with agent who represents only them The explicit language used by the StreetEasy product to suggest a buyer agent Why NYC should seek the counsel of brokerages around the country who have dealt with syndication How Manhattan real estate does business differently Listing agents are used to owning all buyer leads REBNY’s request for an investigation into the legality of advertising an exclusive listing The potential to create an MLS in NYC Change in compensation model Dominance of top ten listing brokers Legal ramifications of only sharing data feed with REBNY The differences among IDX, VOW and StreetEasy’s premier agent The danger of dual agency Fischer’s take on leads generated via third-party websites Inquiries rarely lead to sales The evolution of Zillow’s playbook on generating revenue Why brokerages need to get savvy on how ad tech works The value of agents as local experts Compass CEO Robert Reffkin’s concession to Zillow   Resources:   Greg Fischer’s Premier Agent Blog Post The Real Deal’s Premier Agent Article The Real Deal’s Premier Agent Video Vendor Alley Job Board   Connect with Greg Fischer: Blog Twitter