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Behind The Bricks

66 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 104 ratings

Behind The Bricks is a podcast about New York City Multifamily Real Estate Investing. Specifically, I’ll interview and have discussions with the most active and fascinating NYC apartment building owners in the industry. The goal of these talks is to go behind the transactions and explore what drives these individuals and the investment choices they make. How do they balance opportunity with the obstacles and the risk with the rewards? Some shows are biographical, some are about management operations, and others will have a macro focus to uncover the philosophies and mindsets of these real estate icons. In essence, I am looking to uncover the skills, qualities, and experiences that have made them successful. Success is no accident and we all have something to learn from these achievers. In doing so, we can improve ourselves and the world around us. For more information about the show or investing in New York City, visit us at www.behindthebricks.com.

Peter Von Der Ahe leads the top multifamily investment sales team in the NYC metro area. For more information about them and related opportunities, go to www.newyorkmultifamily.com.

If you are looking for more of this type of content focused on Multifamily investing around the USA visit www.multifamilymemo.com

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Episodes

2022 Q4 New York Multifamily Market and Policy Update with Jay Martin and Christina Smyth

November 08, 2022 14:41 - 54 minutes - 61.9 MB

Today you're going to be hearing from New York Multifamily partners Joe Koicim, Seth Glasser, and Shaun Riney, as they discuss the state of the New York Multifamily market going into Q4. Joining us will be frequent guest Jay Martin, Executive Director of the Community Housing Improvement Program and DHCR guru Christina Smyth, Founder of Smyth Law PC (and newly appointed member of the Rent Guidelines Board).      We’ll be discussing: trends in the market, CHIP’s Court Case vs. HSTPA, a n...

2022 Q1 Recap - Joe Koicim, Shaun Riney, Seth Glasser

May 10, 2022 04:22 - 28 minutes - 33.5 MB

Today we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss how the market has changed so far this year and how it will continue to change. Where are rents headed? Will rates continue to rise? How are buyers and seller reacting to these changes?  We dive deep into the dynamics of the current NYC multifamily market so let’s get into it… as we go Behind the Bricks with Joe, Shaun, and Seth...       Get the latest updates on ...

Instant Insight with Seth Glasser: Upper Manhattan and the Bronx

April 20, 2022 10:24 - 15 minutes - 19.1 MB

Today we sit down with a New York Multifamily Partner, our own Seth Glasser. Seth is one of the foremost experts on the multifamily landscape of Upper Manhattan and the Bronx. Few people, if any, know more about the nuances of the rent stabilized side of the market than Seth. In this episode we break down some of Seth’s most recent transactions. We analyze the renewed focus buyers have on quality and location, break down the misnomers surrounding the rent laws of 2019, and the importance o...

The Future of Cities and Real Estate with Greg Lindsay

March 25, 2022 09:46 - 34 minutes - 40.5 MB

Today we sit down with a man of many talents. Greg Lindsay is a journalist, urbanist, futurist, and speaker. He is a partner at the geo-strategic and climate advisory firm FutureMap, the senior fellow for applied research and foresight at NewCities, a senior fellow of MIT’s Future Urban Collectives Lab, and a non-resident senior fellow of The Atlantic Council’s Scowcroft Strategy Initiative.  Greg is an expert in urban planning with an eye and mind focused on the future. In this episode we...

Creating Order Out Of Chaos – Jesse Terry Evaluates the NYC Market

March 04, 2022 05:00 - 34 minutes - 39.8 MB

Today we sit down with Jesse Terry, Managing Director at HUBBNYC. HUBBNYC is a privately held New York City real estate operating company that owns approximately 80 multi-family, retail, and mixed-use properties in Manhattan. Jesse uses his unique perspective on NYC real estate to answer the big questions on the minds of investors... Such as:  What metrics are HUBBNYC using to evaluate the future of the NYC market? Is the demand for high quality here to stay? How will the office space se...

NYC Townhouse and Multifamily Market - Matt Lesser

January 14, 2022 05:00 - 26 minutes - 30.9 MB

Today we speak with Matthew Lesser, Senior Partner of Leslie J. Garfield.  Matthew has represented over $1.5 billion townhouse deals and was recently recognized as “Top Agent” by The Real Deal Magazine. The townhouse world in NYC has always been adjacent to the multifamily market and sometimes crosses over into investment territory.  In this episode we discuss surprises the pandemic had on the NYC Residential market, and the inherent value of townhouses in the current environment.  Over ti...

2021 Recap and 2022 Preview

December 23, 2021 05:00 - 36 minutes - 43.1 MB

Today we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to wrap up 2021 and discuss what may be in store for the NYC Multifamily market in 2022.  Why did the activity this year exceed our expectations? Will this trend of rising velocity continue? Who’s buying and who’s selling in today’s market? How will continued rental growth affect underwriting moving forward? What is the biggest risk out in the market right now? We cover a lot in...

NYC Q4 Market Update with Joe Koicim, Shaun Riney, & Seth Glasser

September 28, 2021 04:00 - 33 minutes - 39.8 MB

Today we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss what the NYC Multifamily market looks like now and what may be in store for the rest of 2021.      New York is well on its way to returning to normal. How is this crossing over to the investment market? We discuss how owners have adapted this year, and what opportunities are currently on the table.  With this panel of experts, we discuss which segments of the market...

NYC Market Update – Joe Koicim, Shaun Riney, Seth Glasser

June 11, 2021 04:00 - 28 minutes - 33.2 MB

Today we sit down with my partners on the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss the NYC Multifamily market now and what may be in store for the rest of 2021.  The energy rising in the streets of the city and many other indicators say that New York is returning to normal… What does that mean for the market? What direction are prices and rents trending? We discuss what we are seeing in transactions that is not being reported in the press. We also sha...

Policy & Market Update with Jay Martin

May 20, 2021 04:00 - 39 minutes - 46.3 MB

Today we sit down again with Jay Martin, Executive Director of the Community Housing Improvement Program. CHIP is a trade association for owners of over 400,000 rent-stabilized rental properties across New York City’s five boroughs. CHIP’s goal is to help members provide excellent and affordable housing, build a sense of community in their properties, and employ thousands of New Yorkers with their small businesses. In this episode, we discuss how over the past year CHIP worked with the gov...

Ofer Yardeni – Maximizing Operations in 2021

March 23, 2021 04:00 - 49 minutes - 57.6 MB

This episode we feature an interview between myself and Ofer Yardeni from an event held by the Real Estate Lenders Association. Ofer is the Chairman and Chief Executive Officer of Stonehenge NYC. Stonehenge, owns a portfolio of properties in Manhattan valued at approximately $1.9 billion comprised of 19 income-producing properties with 2,800 apartments representing 2.9 million square feet of prime real estate.  This is our second time having Ofer on the show and we welcome him back. Ofer i...

Michael Shah – Every Obstacle is an Opportunity

March 01, 2021 05:00 - 29 minutes - 34.2 MB

Today we sit down –again— with Michael Shah, founder and managing partner of Delshah Capital, a PE and asset management firm with close to $1 billion of assets under management.  (In case you haven’t heard it, we recorded a previous episode with Michael where we really dived into other aspects of his business that I highly recommend you listen to). Today, we discuss how Michael overcame the challenges of last year: depressed rent rolls, high vacancy, and the current lending environment. In...

Richard Wilson – Raising Money and Family Offices

February 20, 2021 05:00 - 36 minutes - 42.5 MB

Today we sit down with Richard Wilson, CEO & Founder of the Family Office Club, the #1 association of over 2,000 ultra-wealthy families and/or their family offices. As we emerge out of the pandemic, improving your ability to raise money is a key component to your success.  Richard has carved out a specialty within this group. We dive into how to build trust with investors, the advantages of providing super specialized service, and the direction the real estate business is heading. Richar...

2021 Outlook for NYC Multifamily

February 11, 2021 05:00 - 25 minutes - 30.1 MB

Today we sit down with my partners of the New York Multifamily Team, Joe Koicim, Shaun Riney, and Seth Glasser to discuss the NYC Multifamily market in 2021. We will hit a variety of topics and dive into questions such as, What factors will cause this year to play out in a positive way?  What sectors of the market will see the most appreciation?  Who are the new buyers entering the market?  How will politics change the trajectory of NYC multifamily? And finally, what obstacles will appear ...

Sam Kooris – Buying in Today’s NYC

February 02, 2021 05:00 - 31 minutes - 36.8 MB

Today we sit down with Alchemy Ventures co-founder, Sam Kooris. Alchemy Ventures has been directly responsible for the acquisition, financing and repositioning of over 25 buildings in Brooklyn, all within the last four years. The portfolio is valued in excess of $125,000,000.  I thought to have Sam on the show as he was one of the most active buyers in NYC in 2020.  One of the most common questions investors are asking today is: “who is buying NYC?”...Sam and I discuss his answer to that...

Insights from 2020

January 21, 2021 05:00 - 17 minutes - 21.2 MB

First, I want thank all of you who listen, provide feedback, give me suggestions about the content.  It’s truly a pleasure to share this information.   Today we’re going to listen to some of the most informative bits of the podcast from the crazy year that just ended.  You’ll be hearing the best snippets from last years’ conversations and from our own New York Multifamily Team.  Thanks again, I wish you a prosperous 2021... and let’s take a look at 2020 on Behind the Bricks.   The br...

Chris Voss - Negotiating 101: Life, Death, & Money (Repost)

November 17, 2020 08:00 - 1 hour - 45.2 MB

We will be revisiting this episode from 2018.  It’s as relevant now as ever.  With the changes in the market, being a better negotiator will certainly come in handy today…. Chris Voss was the Lead International Kidnapping Negotiator in the FBI for 24 years. His book, Never Split the Difference: Negotiating As If Your Life Depended On It, outlines his field-tested tools for talking anyone into, or out of, just about anything. Currently, Chris is the founder and CEO of The Black Swan Group, ...

Marshall Cox – Better Heat, Lower Cost

November 03, 2020 08:00 - 24 minutes - 29 MB

As we head into the colder weather there is not a better time to release this episode. Today we sit down with Marshall Cox, founder and CEO of Radiator Labs, a start-up that is revolutionizing the way multifamily buildings are heated. Given the operational challenges NYC owners are facing today, technology that will improve building services while reducing expenses are highly sought after... and that is exactly why I chose this guest. Radiator Labs’ mission is to eliminate overheating in...

Coronavirus Impact on NYC Multifamily Part 3

October 13, 2020 07:00 - 18 minutes - 21.8 MB

On this quick episode of Behind the Bricks myself, Joe Koicim, Shaun Riney, and Seth Glasser share our third update in our series of conversations on the impact of the Coronavirus on the New York City multifamily market.    You will hear about the types of buyers coming into the market, the areas with the highest deal velocity, and the challenges and opportunities emerging closing deals. Since March 15th our team has closed 21 deals, signed 26 contracts, and have another dozen contracts ...

Instant Insight: NNN Properties & Covid-19 with Glen Kunofsky

September 24, 2020 07:29 - 18 minutes - 22.1 MB

Almost every NYC multifamily owner who has spoken to me about selling an asset has asked, “Where would I put the money if I sold?”  Coming from this managment intensive product some choose to invest in net leased properties.    Today we sit down with Glen Kunofsky, Founder of the NNN Pro Group at Marcus & Millichap. Glen and his team have closed thousands of net leased properties worth billions of dollars over the course of his career. Coronavirus has had a massive impact on the Triple-N...

Instant Insight: Rent Stabilized Market in NYC with James Eisenberg

August 31, 2020 01:14 - 16 minutes - 19.8 MB

Today we speak with James Eisenberg, Executive Vice President at Urban American. Urban American is one of the largest and most well-known owners and managers of multifamily real estate properties in NYC. Many of their assets are in neighborhoods with mostly rent stabilized units. In this episode, James explains how they have been adapting in the time of Covid-19.  Given the virus and the changes to the laws, the art of maximizing upside and knowing when to make moves has shifted from previ...

Instant Insight: The NYC Rental Market with Jordan Sachs

June 10, 2020 14:47 - 15 minutes - 21.4 MB

Today we are doing an instant insight conversation with Jordan Sachs, co-founder BOLD New York. BOLD NY is a top flight full-service residential firm handling residential sales and rentals.  The focus of this episode is one of the biggest questions Multifamily players are asking in the wake of the crisis:  What is the current state of the NYC rental market, what will it look like moving forward, and how should owners be adapting?  Jordan’s unique perspective helps him shed light on the maj...

Coronavirus Impact on NYC Multifamily Part 2

May 13, 2020 01:22 - 27 minutes - 26.4 MB

Have a question you'd like answered on an upcoming episode? Call and let us know what it is: 646-450-1833.   In this episode we take the impacts of COVID-19 a step further.  With NYC being the epicenter of the pandemic our multifamily team has been directly dealing with the rapidly changing NYC multifamily market: All property operators, sellers and buyers are affected and have questions about how to navigate. In this episode Joe Koicim, Seth Glasser, and Shaun Riney and I discuss:   ...

Announcing the Multifamily Memo

April 06, 2020 15:47 - 2 minutes - 2.53 MB

This is a quick announcement episode where I wanted to introduce a project that has been under underway for many months.  For several years, many New York City investors have asked me for information about other markets around the US.  As the regulatory environment in New York has become more difficult....the pace of these questions only increased.   Today, is an interesting time.....the whole world is adjusting to the realities of the coronavirus.  In uncertain times like these, I try t...

Coronavirus Impact on NYC Multifamily

March 27, 2020 21:06 - 18 minutes - 21.8 MB

Have a question you'd like answered on an upcoming episode? Call and let us know what it is: 646-450-1833.   As all of us in the NYC Multifamily industry make adjustments in our personal and professional lives, we wanted to share how the coronavirus is impacting NYC multifamily. This week I sat down, over video chat, with my partners: Joe Koicim, Seth Glasser, and Shaun Riney and we discussed:   What’s the #1 question all NYC owners are asking right now? Why will beginning of Apri...

Jeremy Salzberg: How to Acquire 100 Buildings in 10 Years

February 29, 2020 08:00 - 45 minutes - 32.2 MB

Have a question you'd like answered on an upcoming episode? Call and let us know what it is: 646-450-1833.   Today we sit down with Jeremy Salzberg of Sugar Hill Capital Partners. Over the last 10 years, Sugar Hill has purchased over 100 New York City buildings. They specialize in integrating design, sustainability and the arts into pre-war apartment buildings.  Many in the New York City multifamily world are confused about where they should be going with their business plans at this ...

NYC 2020 Residential Outlook: Jordan Sachs & Chelsea Werner

January 01, 2020 08:00 - 46 minutes - 32.7 MB

In this first episode of 2020, we sit down with Jordan Sachs and Chelsea Werner of BOLD New York. Bold is a full-service residential firm handling residential sales and rentals. Jordan and Chelsea break down the outlook for the upcoming year for rentals, condominium, and co-op sales. After several years of rental declines, early indications from late 2019 show that rents across the city are rising. With concessions burning off, rents increasing, and supply decreasing, this looks to be very g...

Joseph Tahl: The New Reality of Condo Conversions

December 16, 2019 08:00 - 51 minutes - 36.1 MB

Today we sit down with Joseph Tahl, President and Co-Founder of Tahl Propp Equities.  Tahl Propp Equities is a privately held real estate investment, development and management company that specializes in affordable housing and retail in Harlem and Upper Manhattan.  Since its founding in 1997, the firm has amassed a portfolio of more than 4 million square feet in those neighborhoods. The multifamily industry in NYC is still adapting to the new rent laws which were passed in mid 2019, and i...

NYC Owners Respond: Part 2 Kevin King

December 02, 2019 08:00 - 25 minutes - 18.5 MB

Welcome to "part 2" of this two-part series about the owner’s response to the rent regulation laws that were passed in June 2019 in New York. This law radically transformed how owners of multifamily properties with rent stabilized tenants conduct their business and in response, several owner groups have filed lawsuits.  If you haven’t listened to the first episode, I strongly suggest that you start there in order to get the most out of second part. Today, we are speaking with Kevin King, a...

NYC Owners Respond: Part 1 Jay Martin

November 23, 2019 08:00 - 36 minutes - 26.2 MB

Welcome to this two-part series about the owner’s response to the rent regulation laws that were passed in June 2019 in New York. This law radically transformed how owners of multifamily properties with rent stabilized tenants conduct their business and in response, several owner groups have filed lawsuits.  The most prominent of those lawsuits has been brought by two of the largest organizations representing multifamily owners in New York City: Chip (Community Housing Improvement Program), ...

Compilation: Zegen, Shah, Fein

November 02, 2019 07:00 - 46 minutes - 32.9 MB

In this special compilation episode, we have pulled a few clips from some of our most popular episodes. We’ll hear from Josh Zegen, Michael Shah, and Jarett Fein.  Each of these prominent real estate players touch upon their humble beginnings in the industry, what they look for to find success, and how they navigated through market downswings.  Each of these guests provide insights into different parts of the industry, but share themes of grit and recognizing opportunity where others didn’...

Brad Hargreaves: Co-Living and Multifamily

September 07, 2019 07:00 - 1 hour - 46.4 MB

Everyone in the commercial real estate industry has asked themselves how is technology going to hurt or help them? How will it change the business and its opportunities?  One way it’s changing is through “co-living.”  The co-living concept is at the intersection of technology, evolving cultural norms, economic pressures, and possibly the beginning of a new category in the business.    Today we sit down with Brad Hargreaves, the CEO and founder of Common.   Common is the premier operator in...

MMT – How Financing Data is Changing CRE with Ely Razin

August 20, 2019 07:00 - 30 minutes - 21.8 MB

In this “Monthly Market Talk” episode we do a quick dive about financing data in the CRE space.  We sit down with Ely Razin, the CEO and founder of CrediFi.  CrediFi is a commercial real estate data provider that leverages 200 billion data points to bring transparency to the financing of balance-sheet and securitized loans backed by commercial properties across the U.S.  We are also joined by Andy Weiss to provide some NYC market perspective. In our conversation we learn how Ely is leverag...

Francis Greenburger: Perseverance and the Downturn Advantage

August 01, 2019 07:00 - 47 minutes - 33.3 MB

In today’s episode we sit with Francis Greenburger, Founder and CEO of Time Equities Inc. (TEI).  Since its founding in 1966, TEI has amassed approximately 31 million SF of CRE, across 30 states and 5 countries.  He also has many other notable successes outside of real estate as literary agent, author, philanthropist, and founder of the Greenburger Center for Social and Criminal Justice.  Francis’ background story and his rise to success is truly noteworthy.  Filled with heartbreak, persev...

The 2019 NY Rent Laws (Part 2 – Brokers)

July 08, 2019 07:00 - 44 minutes - 31.4 MB

Welcome to part 2 of this special series where we take a deep dive into the recent changes made to the rent laws in New York. In many ways the new laws have radically transformed how business is conducted and the quality of housing. In the previous episode we heard the perspectives of two owners — (If you didn’t have a chance to listen that one, you can go back to hear their thoughts)… In Pt.2 of this series, I am joined by my partners Joe Koicim, Shaun Riney and Seth Glasser who will prov...

The 2019 NY Rent Laws (Part 1 – Owners)

June 28, 2019 07:00 - 45 minutes - 32.2 MB

In this special 2-part series, we take a deep dive into the recent changes made to rent laws in New York. For many investors and owners of rent regulated units, these new laws radically transform the business and how it’s conducted. Many investors are asking questions about how to move forward now that the laws have been passed.  For Pt.1 of this series, we will hear the perspectives from two investors who own and manage several thousand NYC units. Robert Nelson and Chris DeAngelis. Robert...

John Romaniello: Health, Wealth, & Energy

June 01, 2019 07:00 - 1 hour - 48.9 MB

To get yourself in shape for the approaching summer, today we hear from John Romaniello.  John is the author of the bestselling book "Man 2.0; Engineering the Alpha: A Real World Guide to an Unreal Life: Build More Muscle. Burn More Fat. Have More Sex.”  That is a great marketing title and is attention grabbing, but the content has a lot more to do with high performance and living into the best version of yourself. He has personally advised or trained people like Gary V, Arnold Schwarzeneg...

MMT – NYC Rent Law Changes With Mitch Kossoff

May 15, 2019 07:00 - 25 minutes - 18.7 MB

In this episode of our Monthly Market Talks, we sit down with Mitch Kossoff and Danny Handweiler.  In our conversation we take a technical deep dive into the potential changes coming to NYC rent laws this June.  Mitch is an industry veteran who has been litigating thousands and thousands of complex residential and commercial landlord tenant cases since 1979.  Additionally, as a former owner, Mitch also has decades of experience on the purchase, sale, and management of multifamily buildings...

Chad Tredway: Mastering the Growth Mindset

May 01, 2019 07:00 - 1 hour - 46.8 MB

In today’s episode we sit down with Chad Tredway, the Co-Head of Real Estate Banking at the largest bank in the US; J.P. Morgan.  Chad is the youngest managing director in the history of the bank, and for good reason.  He manages $25 billion worth of credit exposure and a team of more than 100 employees. He has been named one of the “50 Most Powerful People In Real Estate” by the Commercial Observer and has several accomplishments we will discuss in the episode.   If there is any part of...

Instant Insight: Adam Mermelstein

April 20, 2019 07:00 - 6 minutes - 5.34 MB

Today’s show is a segment called “Instant Insight.” Every now and then, we will deliver a small nugget of wisdom pulled from one of our previous guest interviews.  In this “Instant Insight” we hear from Adam Mermelstein’s unforgettable entry into the ever-exciting commercial real estate game.  If you didn’t think the real estate industry was tough, try emptying your bank account to make a down payment on your first building.  Enjoy!   Like what you are hearing, send us that message by ...

John Catsimatidis: Paying It Forward and the American Dream

April 04, 2019 07:00 - 26 minutes - 19.4 MB

In today’s episode we sit down with a man who exemplifies the “American dream.”  Over his career, John Catsimatidis has been massively successful in the grocery, real estate, oil, and aviation industries.  Through his business endeavors, most notably the Gristedes Grocery chain, John has amassed several billion dollars and may be considering another run for New York City Mayor.   Otherwise known as the “John of all trades,” John shares great advice about being creative, paying it forward, ...

Ofer Yardeni: New Market, New Opportunities

March 13, 2019 07:00 - 55 minutes - 38.9 MB

Today we sit down with Ofer Yardeni the Chairman and CEO of Stonehenge NYC, one of the most successful private real estate companies in New York. Throughout his career he has acquired over $4 billion of NYC commercial and residential properties and he is one of the players who transformed the value-add business model in NYC. Ofer came to the US as a foreign exchange student and eventually has risen to the top of the NYC real estate world. Besides having a great American dream story, when h...

Steve Kalifowitz: Location. Location. Technology.

February 25, 2019 08:00 - 23 minutes - 17.4 MB

I am excited to announce the release of our latest Behind the Bricks segment called “Monthly Market Talks” (MMT). In these shorter format episodes, listeners will hear focused market insights from some of the industry’s leading experts on a specific topic. In today’s episode we sit down with Steve Kalifowitz and Dylan Walsh. Steve is the president and founder of the property information platform Localize.city. This innovative real estate application transforms raw data into an abundance of...

Josh Zegen: Alternative Lending & Creating Opportunities

February 01, 2019 08:00 - 59 minutes - 41.7 MB

Today we sit down with Josh Zegen, a notable name in the alternative lending world and co-founder of Madison Realty Capital.  Since 2004, Josh and his partners have completed $9 billion in lending transactions and also have over $4 billion in assets under management.  For many in the real estate business, the entrepreneurial drive began at a young age, and Josh is no exception.  From a storybook childhood baseball card business, to other creative ways to earn money in college, you will hea...

Ryan Serhant: NYC 2019 Residential Outlook

January 20, 2019 08:00 - 38 minutes - 27.5 MB

Ryan Serhant is widely known for being the star of Bravo’s “Million Dollar Listing New York” and his show and book titled “Sell it Like Serhant.” For good reason...Ryan's sales team is consistently ranked one of Wall Street Journal’s top 5 residential sales teams nationwide. We all know the NYC residential sales market indirectly influences the multifamily investment space and I thought this would be another valuable way for listeners to start the year. 2018 was a confusing year for those ...

2019 Multifamily Outlook -- Joe Koicim, Shaun Riney & Seth Glasser

December 28, 2018 20:00 - 42 minutes - 29.9 MB

On this special episode of Behind the Bricks, I am joined by my partners Joe Koicim, Shaun Riney and Seth Glasser for an end-of-the-year recap and glance at our predictions for 2019.   Let's dive in about how 2018 has fared and how we believe 2019 will play out in the NYC Multifamily market.  There are changes on the horizon.  Unlike other episodes, we dive into some market metrics here discuss specifics about Manhattan, Brooklyn, Queens and the Bronx. On a more personal level, we also t...

Compilation! Best Advice to Enter the Business

December 07, 2018 19:51 - 16 minutes - 12.2 MB

As we wrap up the second season of Behind the Bricks, I thought we would treat everyone to a special episode of a compilation of some of the best advice given by past guests.  We will hear from, Ryan Serhant, Jordan Vogel, Adam Mermelstein, Greg and Graham Jones, and a handful of others, as they dispense advice for entering the real estate business. Frequent listeners know that typically ask this question to each guest.  I love this question, because for those who have made it, one way you...

Richard Sarkis – How Big Data Now Massively Impacts RE Investing

November 01, 2018 07:00 - 1 hour - 43.3 MB

Big real estate data is changing the playing field by closing the inefficiencies in the commercial real estate market.  How will this impact investing in the future? Today we sit down with Richard Sarkis, Co-Founder and CEO of Reonomy. Reonomy is a commercial real estate data platform that is transforming the world’s largest asset class.  It’s all about analytics, data crunching, and AI for commercial real estate. Richard and his co-founder Charlie Oshman grew a chance coffee shop conversa...

The Art of Buying Unsold Co-Ops and Condo Packages – Myles Horn

October 06, 2018 00:37 - 53 minutes - 37.7 MB

Finding success in the NYC real estate business requires being creative with where and how to add value.  One market that requires this skill is the bulk purchase of unsold units in condominiums and co-ops.  In essence, it’s about buying wholesale and selling retail, but it gets much more complicated from there... Today we sit down with Myles J. Horn, who has spent the last 35 years specializing in this part of the business.  Myles has likely purchased more blocks of unsold condominiums and ...

The Journey to Titan of Title with Jarett Fein

September 05, 2018 22:04 - 1 hour - 44.9 MB

One trait I have observed among the most successful investors, is they all have a keen ability to find scarcity and exploit its opportunities. In commercial real estate, title insurance is one of those less talked about areas. However, its $15 billion industry is a critical component to all transactions… that is why today's guest is Jarett Fein. He has made his mark in the title industry as the Co-CEO of Kensington Vanguard National Land Services (KV), one of the largest independent full-ser...