The 19th season of The Stoler Report: NY’s Business Report debuted on September 8, 2019
September 8, 2019: Residential Market in NYC in Light of the 2019 Housing Act
Guests discuss the 2019 package of rent regulations and tenant protections predicting dire consequences to New York City owners, tenants and their community: investment and sales will come to a standstill, renovation caps will affect maintenance and jobs and more.
September 15, 2015 Residential Market in NYC-after the housing act-update
Describing the Housing Act of 2019 as a big mistake for NY owners, renters and the city, panelists believe that the law creates uncertainty and is retroactive as much as 23 years; predicting fewer property improvements and fewer jobs as owners, builders and bankers continue to discuss this legislation.
Eli Weiss Managing Vice President, Joy Construction Corporation
September 22, 2019: Developments on Long Island
Developers discuss difficulties in doing business on Long Island that still exist: regulations differ in each municipality; communities fear congestion; school boards worry about enrollment. Yet, retail is strong; old stock makes rentals attractive.
September 22,2019: Real Estate & Banking Executives Outlook
Discussing lower interest rates, high employment, a strong rental but lackluster condo market, bankers feel some stress in lending. Panelists agreed there are areas of opportunity for development in government designated Opportunity Zones.
October 6, 2019: The Office Market in New York City
Not wanting empty offices, panelists discuss historically large concession packages: 10-12 months free rent - depending upon location and market, demanded by tenants. Sophisticated renters require upgraded space and technology.
Scott D. Galin Principal/CEO, Handro Properties/Handler Real Estate Organization
Transit oriented developments: the house or apartment, the store, the train, the bus are familiar to most New Yorkers. The concept is moving into the suburbs, where there is significant demand for transit available-affordable housing.