The 18th season of The Stoler Report: New York’s Business Report, debuted on September, 9, 2018
September 9, 2018: New Innovations in Technology for Real Estate
Young entrepreneurs describe inventions, programs, ideas for future products and businesses they are pursuing with guidance and encouragement of the MetaProp NYC organization.
Marshall Cox Radiator Labs
Vince Harris Hoozip
Francesca Loftus hOM
Philip Russo MetaProp
September 16. 2018: Challenges & Opportunities in operating a commercial real estate brokerage business
Starting with the premise that you don't have to be a national firm to be successful, guests discussed the importance of passion, conviction, opportunity, along with good research and a thorough understanding of the product - all essential to ones goals.
Yoni Goodman, Meridian Investment Sales
Tim King, CPEX Real Estate
Ofer Cohen, Terra CRG
Shimon Shkury, Ariel Property Advisors
September 23, 2018: Real Estate Executives: How i got into the business
Accomplished, experienced executive real estate leaders consider the paths they navigated to their successful careers.
Toby Moskovits, President & Founder, Heritage Equity Partners;
Regina Myer, President, Downtown Brooklyn Partnership
September 30, 2018: Real Estate Executives Highlight Development in NYC
Despite difficulties of developing in NYC, guests spoke with enthusiasm of public/private partnerships, of technology in real estate, of the need in every borough for affordable housing, and for a developer's confidence in promoting new ventures.
MaryAnne Gilmartin, Founder & CEO, L & L MAG
Toby Moskovitz, President & Founder, Heritage Equity Partners
Regina Myer, President, Downtown Brooklyn Partnership
October 7, Chef/Owner’s View of the Restaurant Market: Part I
Something special about bakeries, as described by guests, that lured them into the restaurant business! Guests talk about their experiences - from McDonald's to Cornell, to cruise ships, to internships/mentors/hard work and ownership. Part 1/2 conversations.
October 14, 2018: Chef/Owner’s View of the Restaurant Market-Part iI
In Part 2/2 of their conversation, chef/owners soberly discuss issues of concern to the hospitality industry: staffing and labor costs, turnover and employee loyalty, food halls and fast-casual dining, exorbitant rents, how to create equality in the "front and back of the house."
Josh Capon, Lure Fishbar
Dan Kluger, Loring Place
Drew NIeporent, The Myraid Restaurant Group
October 21,2018: Developments in the Bronx
The Bronx - Mott Haven, South Bronx, Arthur Ave, transportation, affordable and market rate construction; projects with St. Barnabas supporting good health, affordable and supportive housing; the artist, "hipster" community; foreign and local investors - the Bronx is booming!
Panelists: Ira L. Brown, The Briarwood Organization;
Jason Gold,Ariel Property Advisors
Daren Hornig, Hornig Capital Partners
October 28, 2018:Regional Bank Executives Discuss Opportunities & Challenges
Regional banks serve their supporters with quick services and support designed to encourage a business community's growth. Guests discussed the work-life balance these institutions provide as many employees live in the community.
Panelists: George Maroulis, Market President/Private & Commercial Banking, Customers Bank;
Joseph Murphy, Jr., President & CEO, Country Bank;
Joseph Pistilli, Chairman & CEO, First Central Savings Bank & Pistilli Realty Co.
November 4, 2018: Serving 62 million visitors: The hospitality industry in the region
New York hosts 62 million visitors, a year! To date, 115,000 hotel rooms are available with a goal of 130,000 rooms. Guests discussed non-branded/branded hotels, food and beverage facilities, meeting space, banks lending to hotels, agreeing that the industry was not for the "faint-hearted."
Tyler Morse, MCR/Morse Development
Nico Moinian, Fortuna Realty Group
Allan Gross, GFI Capital Resources Group
Celeste Burgos, M & T Bank
November 11, 2018: The Residential Market
The rental business may be a "great business," the reality is that it's a difficult business, panelists agreed, going on to discuss who are the renters: students, younger professionals, newcomers to an area. Conversation included condos vs. rentals, affordable and senior housing, and the Bronx!
Discussing clients' search for office space, panelists agreed - seekers have choices! They are looking at different markets: the Hudson Yards, in Brooklyn, Queens, LIC, Industry City, the Navy Yard "...in areas they may never have considered before!"
Steve Weschler, Tishman Speyer
Stephen Meringoff, Himmel + Meringoff Properties
Robert Lapidus, L & L Holdings
Brian Steinwurtzel, GFP Properties
November 25, 2018: Developments in Yonkers & New Rochelle
Beautiful boardwalks, walkable downtowns, great views, excellent transportation have attracted development to Yonkers and New Rochelle! Active pro-development support from communities and elected officials is important to successful planning and implementation.
Seth Pinsky RXR Realty
Peter Kelly, Xavier Restaurant Group
Avi Abadie, AMS Acquisitions
Brian Fisher, Fisher Development
December 2, 2018: Developments in Coney Island & Sheepshead Bay
Coney Island has caught the eye of developers after 30 years of indifference. Developers and bankers enthusiastically discuss both luxury and affordable residential projects, increased retail, medical facilities and more.
John Catsimatidis, Red Apple Group
Dan McInerney, Taconic Investment Partners
Brad Dubeck, Bank of America/Merrill Lynch
December 9, 2018: The Condominium market
While the condo market may generally be "challenging," buyers still want to own a piece of New York! Guests discussed strong markets in New York and in the suburbs: the Upper West Side, downtown Brooklyn, Astoria, Jersey City, Hoboken, Yonkers and New Rochelle.
Joe Pizzutelli, M & T Bank
Jeffrey Yachmetz, Slate Property Group
Eran Polack, HAP Investments
Robin Schneiderman, Halstead Property Managment
December 16, 2018: Tech & Real Estate: The Growth Industry
Guests, all founders and CEOs of companies representing various aspects of technology, discussed how their products and services interact and support the real estate industry. Question raised concerned about how receptive were venture capitalists/banks when presented with new ideas?
Jonathan Wasserstrum, Squarefoot
Cyril Berdugo, Landis
Arie BArendrecht, Wired Score
Jay Goldklang, Great Jones
December 23,2018: What’s Happening In Jersey City, Harrison & Bayonne
Lots of development in Jersey City! Great transportation, lower rents - condo or rental - all attracting a young, cosmopolitan population. Harrison: smaller market, good transportation; Bayonne: great opportunities. Schools still a challenge!
Philip Gesue, Strategic Capital
Adam Altman, KABR
Jeff Persky, KRE
December 30, 2018: What’s happening in Long Island City?
LIC is coming into its own! With a great waterfront, more retail, more restaurants - more amenities to make LIC the place to call home, some developers - thinking long term - are building more 2 bedroom and larger units. Schools, transportation still present a challenge.
Alan Suna, Silvercup Studios, Silvercup Properties
Daniel Parker, Hodges Ward Elliott
Jeremy Shell, TF Cornerstone
George Doerre, M & T Bank
January 6, 2019: The Residential Rental Market
Lots of people want to come to live in New York, supporting a growing interest in parts of Queens, Brooklyn and the Bronx: Coney Island, East NY, Jamaica. Rent concessions are sometimes offered; new laws and regulations make the rental market a difficult investment.
Aaron Jungreis, Rosewood Realty Group;
John T. Adams, New York Community Bank
Ofer Yardeni, Stonehenge NYC
January 6, 2019: What’s really happening in Retail?
Acknowledging the retail "apocalypse" grabbing headlines, guests considered issues like debt, over expansion, poor decisions, and more effecting retail's ability to deal with the new competitor, Amazon.
Brad Blumenfeld, Blumenfeld Development;
Christopher Conlon, Acadia Realty Trust;
Avi Kaner, Morton Williams Supermarkets;
Joseph Mattone Sr. Mattone Organization
January 9, 2019: Growth of Radio, Podcast & Real Estate”
The Podcast - another form of media, convenient when traveling or relaxing; educational, informative, entertaining and very popular! Guests - themselves podcasters - discuss the use of podcasts to market a product, a service, a personality and as a means to bring people together.
Ofer Cohen “Hey BK - The Brooklyn Podcast”, TerraCRG
January 13, 2019: Challenges & Opportunities of Transitioning of a family business
Speaking with pride and pleasure about their goals to create a multi-generational business and hopes to transition their company to the next generation, guests were candid about the obstacles and difficulties along the way.
For the past 75 years, individuals have shared living space: the rent, the maintenance. In addition to sharing these costs, today's co-living is designed to develop a sense of community, in a friendly, warm environment.
Andy Levin Director of Real Estate Partnerships, Ollie
January 20, 2019:
Genetic Testing for Cancer: Ashkenazi Jews and Others at Increased Risk
The BRCA gene exists world-wide. The mutation of the BRCA gene is found in greater numbers in people of mid-European descent, and in a large number - in Ashkenazi Jews. Men and women with the mutant BRCA gene are at greatest risk for breast and ovarian cancers, and prostate cancer.
Kelly Morgan, MS, CGC Genetic Counselor, Site Coordinator/BRCA Founder Outreach Study, Memorial Sloan Kettering Cancer Center
Kenneth Offit, MD Chief-Clinical Genetics Service, Principal Investigator-BRCA Founder Outreach Study, Memorial Sloan Kettering Cancer Center
January 23, 2019: Opportunity Zones: The Biggest thing to hit real estate in thirty years
A new tax program - focusing on Opportunity Zones - has encouraged investors to reconsider real estate development areas that were initially hard to sell. Like Enterprise Zones of the 1990s, Opportunity Zone investments, like all investments, should be carefully reviewed with the experts.
February 3, 2019: Investment Sales & Opportunity Zones, Amazon & the Economy
Members of the investment sales community discuss pros and cons of: Opportunity Zones-a new source of capital to support affordable housing; Amazon-great for the whole city but people will be displaced; Economy-multi-family has become a challenged asset; next year is going to be a good year.
February 6, 2019: The Office Market in New York City
2019 looks good! A terrific market to be in! Renters eager for amenities: pool tables, hospitality centers, lunchrooms, break rooms-even outside space. LIC, Bronx, Metro Tech will benefit from growth of healthcare facilities and bio tech industry.
Scott D. Galin Partner/CEO, Handro Properties/Handler Real Estate Organization
February 10, 2019: Banking Executives Outlook for 2019
Banking executives describe their operations as active - open for business - keeping a cautious eye on the market - marginally bullish! EB5, lost its glow; Opportunity Zones, much still unknown; Amazon, great for the city, also discussed.
David Bagatelle President, NY Metro Market; Executive Vice President, Sterling National Bank
February 13, 2019: Residential Development in New Jersey
New Jersey - Asbury Park: residential units, townhouses, Asbury Hotel, the waterfront; Redbank, proactively reviewing master plans to plan for the future; Montclair: luxury units near the train station; redevelopment of large properties, public-private projects; transportation.
February 17, 2019: The Art & Science of Networking in the 21st Century
When networking - ideas are exchanged, trust and a sense that you are there to help the other person, without expecting any return, is communicated. Networking, today, is a combination of "face-to-face" and social media.
Larry Weiss President, CEO, Atlantic, Tomorrow’s Office
February 20, 2019: The Outlook for retail in 2019
Guests agree: bricks and mortar are not out of style. Retail is finding new homes in beautifully restored, 100 year old buildings, formerly used for manufacturing. Check out the growth of Industry City, LIC, Ikea, Dollar Stores, and supermarkets!
February 24, 2019: Real Estate Pro’s Outlook for 2019
Reminding each other of events of the past 18 years that they shared, Bruce Mosler, Stephen Siegel and Michael Stoler bring us to the present: Bloomberg's mission, Hudson Yards, technology, investment banking, Live Work Play development, We Work concept and more.
February 27, 2019: Brooklyn: The Hip Part of the Big Apple
The Brooklyn Navy Yard is on fire! 95% leased; exciting tenants specializing in design, robotics, food. Downtown Brooklyn-with authentic Brooklyn neighborhoods attracting business and entrepreneurs, and growing interest in East New York.
Annie Meyding Director of Leasing, Brooklyn Navy Yard Development
March 3, 2019: Everyone Loves Opportunity Zones
An exciting tax program allows the investor to redeploy earned "gains" into Opportunity Zones, often in underserved areas and targeted for economic development. Guests discuss various aspects of this new investment program. Watch more of this series: http://www.tv.cuny.edu/show/stolerreport
March 6, 2019: The Amazon Effect on Long Island City & Queens
Over the last 10 years, the Tech Sector has emerged as a major player in New York City, attracting Amazon to Long Island City, and other members of the industry to Manhattan. Guests discussed the interest of the Life Sciences in sites for expansion outside of Manhattan.
March 10, 2019: The Residential Rental Market in New York City
Panelists representing various aspects of the real estate industry discuss the effects of changes and additions in regulations that govern their business: Mandatory Inclusionary Housing, Vacancy Decontrol, Capital Improvements, Vacancy Increase and more.
Victor Sozio Executive Vice President, Brokerage Services, Ariel Property Advisors
March 13, 2019: Effect of Minimum Wage/Government Regulation on Food & Hospitality
Panelists involved with the grocery, fast food and hospitality markets outline the effects on their industries of minimum wage increases and other regulations, describing long-term influence on New York's retail.
March 17, 2019: Major changes in commercial real estate in the past decade
In 2008, E-commerce, Amazon, industrial, office co-sharing, We Work were not the driving force they are today. Panelists discussed what's happening today: the effect of millennials in the marketplace, increased number of women in real estate and Opportunity Zones.
March 20, 2019: Emerging Trends in Technology for Residential Real Estate:
Exploring new technology for residential real estate, guests review inexpensive insurance policies in lieu of lease security; grading systems designed to assure health and security of renters; and analysis of buildings based on prudent use of utilities.
Affordable housing developers discuss mandatory inclusion, suggesting that applicants apply to several lotteries - at the same time, meeting eligibility requirements. Working to develop affordable housing feels like working to a better future, remarked a guest.
Eli Weiss Managing Vice President, Joy Construction Corporation
March 27, 2019: The Current State of Healthcare
A lender and three CEOs, representing healthcare facilities, discuss how each of their businesses developed, their approach to attracting high quality professionals, and their concern for providing excellent healthcare to their patients.
March 31. 2019: Outlook for Commercial & Residential Real Estate
Panelists "somewhat pessimistic" about opportunities in today's market agreed that the retail market is very strong, siting changes in zoning, as in midtown east, allowing developers to build higher floors, purchase air rights, rebuild structures.
Michael Giglio Chief Financial Officer & Operating Principal, Kaufman Management Company
Jeffrey E. Levine Chairman, Douglaston Development/Levine Builders/Clinton Management
David Burke, David Burke Tavern, Woodpecker by David Burke;
Jonathan Chef-Restaurateur Benno, Chef-Owner, Leonelli Taverna, Leonelli Focaccia, Benno;
Greg Baxtrom, Chef - Owner, Olmsted.
April 14, 2019: What’s Happening in Long Island?
Developers, having spent long careers working on Long Island, comment that little has changed: it still takes YEARS to get permission to develop major sub-divisions; partnering with local operators helps cut approval time. Nassau v. Suffolk tax rates discussed.
April 21, 2019: Residential Development in Westchester
Westchester, with transit oriented areas, walkable routes to transportation, and popular support, is viewed as a dynamic, attractive market for investment and development. Building with amenities - key to success.
Guests discussed opportunities in the Bronx, retail in Sheepshead Bay and Coney Island, Opportunity Zones, multi-level industrial space, built from the ground-up. In addition, changes in rent laws, viewed as anti-landlord.
DJ Johnston Partner, Sr. Managing Director, B6 Real Estate Advisors
The not-so-glamorous asset class of the real estate industry: warehouses, industrials - is doing very well. Rents are increasing; multi-level logistic distribution centers are increasing, bringing tractor trailers to the second floor.
May 8, 2019: The Real Estate Community & it’s support for public education
Wanting to "give back" to individuals and communities, members of the real estate industry have developed public/private partnerships with various New York schools. With tutoring, mentoring, music and internship programs, designed to "open eyes-open minds," thousands of young people and their communities have greater opportunity and access to successful futures.
Wendy Mosler Ex. Vice President, Global Holdings Management Group
May 12, 2019: The Current State of Retail
Retail is not dead! Retail has changed. While technology has taken a gigantic hold on the retail industry - bricks and mortar are here to stay! Check out Hudson Yards, the Meat Packing District, Manhattan West, the Garment District; retail is growing - in the boroughs, too.
May 15, 2019: Long Island City: Will grow & prosper without Amazon
Guests discuss the success of the industrial market, the increasing popularity of co-ops, the Long Island Partnership's promotion of a life-sciences campus, the proximity to Roosevelt Island and their growing tech industry - all positive for Long Island City's future.
Guests concluded it was a good time to be a borrower! Despite the liquidity in the market and low interest rates, the search for deals is very competitive: hotels, fast casual dining, transit oriented development. Lenders careful about lending to retail and to co-working facilities.
Newark's development is not a "one trick pony!" A visionary mayor and administration, with supportive community leaders, have developed plans to energize Newark's residential, industrial, business, and retail assets.
Linda Morgan VP, Project Partnerships & External Affairs, RBH Group
May 26, 2019: The office market in New York City
New York's office market is still a tenant's market! Less traditional law firms require less office space, as they search for lower rents. Competition between tech companies and brokers provides renters with more options.
Opportunity Zones are all around us - in all of New York's five boroughs! Opportunity Funds, "a new investment vehicle created as part of the Tax Cuts and Jobs Act of 2017" are available. Guests work to unravel rules and regulations surrounding these investments.
New York's condo buyers are taking longer to make a decision! Blessed with a wider selection, buyers are careful about location, transportation, layout and unit efficiency; price point - very important.
June 5, 2019:The Best Korean Restaurants in New York City
Korean chefs and owners, embracing their ethnic heritage, their culture and traditions are offering customers the opportunity to explore new dishes, superbly prepared at their award-winning, highly recommended restaurants.
June 9, 2019: Growth & Development of the NYU Langone Health System
Over the past 20 years, to take advantage of changes in medical care, physicians now practice in large groups and are employed by hospitals; hospitals are converted to ambulatory care centers. Discussion included urgent care centers, walk-In facilities, tele-medicine, and electronic medical records.
Andrew Rubin Vice President, Clinical Affairs & Ambulatory Care, NYU Lagone Health
June 13, 2019: Alternative Financing for Commercial Real Estate
Banks lend money but so do private equity firms. Less regulation allowing for speed in closing, a feature of private equity firms, is important to the real estate industry and not so easily provided by banks. Lenders discussed the type of real estate their companies considered good investments.
Mark Bahiri Managing Partner, Co-Founder, Emerald Creek Capital