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On this week's pre-election special of Closed! we talk to The Real Deal Senior Editor Erik Engquist to learn about what both presidential candidates are likely to do in terms of Housing Policy. We hear about incentives for development, what affordable housing can do for a local economy, and how important these policies are to voters.
Erik's publication The Real Deal is the industry standard publication for New York Real Estate news. You can learn more at https://therealdeal.com/
And as always you can learn more about real estate and the law at bfklawoffice.com!
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This week on Closed! we're joined by NYC Council Member Keith Powers for a very special episode! Council Member Powers asked his constituents what he could do to improve their quality of lives, and the result is our most requested, long-awaited episode on Sidewalk Sheds!
We talk about the plethora of sheds on the streets of our city, covering everything from their obvious benefits and drawbacks to the unintended side effects. . How do sheds protect the populace? How do they harm local business? How does Local Law 11 contribute to an endless cycle of scaffolding going up and down in NYC?
All this and more on this week's episode of Closed! NYC's Real Estate Podcast!
You can learn more about Council Member Keith Powers at https://council.nyc.gov/district-4/
And as always, for all things real estate and the law go to bfklawoffice.com
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On today's episode of Closed! Mike and Emily have the opportunity to speak with Gerard "Jerry" Nocera of Resolution Real Estate. In our wide-ranging discussion we learn about a lifetime of efforts in the real estate industry, hearing how Jerry has leveraged his experience in all aspects of the field to forge Resolution Real Estate into a full-service company. Jerry tells of his time being mentored by industry powerhouses and leading SL Green, one of the largest property management companies in the world.
Whether you're interested in asset acquisition, development, management, or sales, there's something to learn in today's episode of Closed! NYC's Real Estate Podcast!
For more on Jerry and Resolution Real Estate, you can go to https://resolutionrealestate.com/
And as always to learn more about real estate and the law, go to https://bflawoffice.com/
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BFKP is proud to present the Closed! podcast's interview with the cast of Owning Manhattan, Netflix's peek behind the curtain into the fast paced world of Serhant Real Estate, just in time for the announcement of Season 2!
Lee and Mike headed down to the Serhant office in Soho for a roundtable conversation with Jordan March, Tricia Lee, Jade Shenker, Jeffrey St. Arromand, and Genesis Suero. In our wide-ranging discussion we touch on topics from the challenges of filming a long-term reality show, to maintaining a personal and professional brand, and a look into the skills and knowledge that makes the Serhant team of brokers so effective.
We were entertained, engaged, and informed from start to finish, and we know you will be too!
For more on Serhant and how they're shaking up the world of NYC real estate, check out https://serhant.com/ and watch Owning Manhattan on Netflix!
To learn more about each of the cast members check them all out on instagram:
Jordan March - https://www.instagram.com/itsjordanmarch/?hl=en
Genesis Suero - https://www.instagram.com/genesissuero/?hl=en
Tricia Lee - https://www.instagram.com/lovetricialee/?hl=en
Jeffrey St. Arromand - https://www.instagram.com/jsa_sells_nyc/?hl=en
Jade Shenker - https://www.instagram.com/jadeshenker/?hl=en
And as always, check out bflawoffice.com to learn more about real estate and the law.
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On today's episode of "Closed!" we talk to NY State Senator Joseph Addabbo, Chairman of the Committee on Racing, Gaming and Wagering. Sen. Addabbo has a 20+ year career as an elected official representing New Yorkers as both a city council member and a state senator for Queens' 15th State Senate District, and we thoroughly enjoyed the opportunity to speak about his service and his expertise.
It seems to many that the project to license casinos in Manhattan has been on our horizon for years, so take this chance to learn about the lengthy processes for both legislators and businesses. From passage of the gaming bills to rezoning struggles and (ideally) breaking ground on massive capital investments, it takes a lot to build a casino! We even play a game of Six Degrees of Lee Bergstein and find an unusual connection between host and guest.
Check out this week's episode of Closed! to learn more!
For more info on Senator Addabbo and the 15th State Senate District of NY you can go to https://www.nysenate.gov/senators/joseph-p-addabbo-jr/about.
And as always, to learn more about real estate and the law you can check out https://bflawoffice.com/
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On today's episode of Closed! Lee sits down with Dan Marks, CEO of premier Brooklyn real estate brokerage TerraCRG, to talk about Lee's favorite borough. We learn about the strengths of the Brooklyn market over the last decade and the opportunities for growth in the next, as well as the changing development incentive landscape following the demise of 421a and the birth of the new 485x tax abatement program. We even touch on producer Conor's favorite topic: tax assessments on developed land!
This episode is a must-listen for anyone interested in the Brooklyn development market, or anyone who wants a clear understanding of how tax abatements impact development (without speaking Serbian).
You can learn more about the exciting projects Dan and the TerraCRG team are working on at www.terracrg.com
And as always for all your legal real estate matters, go to bfklawoffice.com
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On this episode of Closed! Lee speaks with Sarah Pizer of The Hudson Companies about her exciting Hell's Kitchen development "The Lirio." We learn about the difference between affordable housing and supportive housing, how The Hudson Companies worked with the MTA to secure the development, and the importance of addressing community issues and needs when planning new developments.
We also touch base about developing their condominium at One Clinton in Brooklyn over a beautiful branch of the Brooklyn Public Library, and everyone's favorite process to say (and least favorite process to go through) ULURP!
You can learn more about The Hudson Companies and all their projects at www.hudsoninc.com, and as always you can learn about all your real estate and legal needs at bfklawoffice.com
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On today's episode of Closed! we speak to Jared White of Quadrum Global to discuss the NYC hotel market, the process of evaluating and purchasing a major hotel like Quadrum's Arlo Williamsburg, and the value of services that hotels offer which non-traditional alternatives cannot.
You can learn more about Jared and Quadrum Global at https://www.quadrumglobal.com/
And as always you can check out bfklawoffice.com for all your real estate legal needs in NYC!
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On today's episode of Closed! Emily and Mike chat with 18 year veteran of Community Board 5, Layla Law-Gisiko, about her experience and role in helping to shape development of midtown Manhattan.
We have a very informative chat with Layla about what a New York Community Board does, how she got involved, and the enormous ways that you can impact your community through political activism. We learn about public housing, the impact of tax incentives and building conversion, long-term vs. short-term development policies, and the role she believes special interests should play in shaping these policies.
We learned so much, and we think you will too!
You can learn more about Layla at https://www.laylaforny.com/, and as always you can find Bergstein Flynn Knowlton & Pollina at bfklawoffice.com.
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On this week's episode of Closed! Lee and Brad chat with award-winning broker Eric Anton of the Anton Group at Marcus & Millichap about the state of the market and insight into his most memorable deals.
We get the scoop on Eric's expectations in the commercial real estate market and a behind the scenes look at his policy of building strong business relationships on commonality and communication. Who would have thought that solar eclipses and beekeeping can pave the way to successful deals?
You can learn more about the Anton Group at https://antongroupnyc.com/ and, as always, check out bfklawoffice.com for all your real estate and legal needs!
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On this episode of the Closed! Podcast, Lee and Brad chat with Yiannes Einhorn, a developer with experience on projects across NYC through his organization Grid Group. In our wide-ranging discussion we touch on Yiannes' entrance into development, commitment to quality construction, his father's role in pioneering home inspections, and even Brad's favorite: access agreements!
It’s a conversation as engaging as it is informative, and we know you'll enjoy this peek behind the scenes of high quality home construction.
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Check out the BFKP team in their series unpacking legal issues in movies and TV shows, "Objection! You're Fiction"
On this holiday edition of Objection! Your Fiction, BFKP team members Lee, Brad, and Emily talk about the 1994 film The Santa Clause. Like any good children’s movie, it opens with the accidental death of Santa Claus and a coat-based contract. But how enforceable is this “Santa Clause?” Are milk and cookies fair compensation? Does your homeowner’s policy cover sleigh damage? Find out if the team would take on Scott Calvin's case by listening to our most festive episode yet!
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On this episode of the Closed! Podcast, Cooper and Emily chat with Michael Fabbri, a luxury real estate broker with The Agency RE. In his first year as a broker, he earned Corcoran's Manhattan Rookie Broker of the Year award for earning over $10 million in sales volume. He talks about the importance of leveraging social media as an agent, recent preference changes in luxury amenities, and gives the inside scoop of his appearances on The Real Housewives of New York City and Million Dollar Listing. It’s a fascinating conversation with a true real estate powerhouse, and we hope you enjoy it as much as we did!
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On this episode of the Closed! podcast, Lee and Mike chat with Jay Martin, the Executive Director of the Community Housing Improvement Program (CHIP), where he advocates for fair housing policies in New York City. Martin discusses a lack of understanding of the NYC housing market, the power tenant groups have over lawmakers, and potential policy solutions to improve housing for all New Yorkers. Martin gives a fascinating perspective on the affordable housing issues pressing the city, and we hope you find the conversation as interesting as we did!
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On this episode of the Closed! podcast, Cooper and Lee chat with renowned developer, Robert A. Levine, the founder and CEO of RAL, who has been responsible for the development of more than 100 luxury residential, hotel and mixed-use projects throughout the country totaling in the hundreds of millions of dollars in project valuations. The conversation focuses on Mr. Levine's experience developing One Brooklyn Bridge Park, the biggest residential conversion in Brooklyn’s history, but also touches on some of RALs other projects including Zero Irving, a recently finished office building on 14th street, and Quay Towers. Mr. Levine also shares his thoughts on the future of development and affordable housing in NYC. It's a fascinating conversation with a legend in the field. We hope you give it a listen.
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On this episode of the Closed! podcast Brad and Cooper chat with David Lombino, the managing director of external affairs at Two Trees, about the newly opened Refinery at Domino. The Refinery at Domino is the centerpiece of the 11-acre Domino Sugar Factory site in Williamsburg -- a 15-story, 460,000-square-foot Class A office space built within an industrial brick structure originally completed in 1884. During the conversation Lombino shares the history of the project, including how Two Trees acquired the property, why they made the decision to turn this building into office space (when it was originally supposed to be a residential) and some of the unique challenges associated with developing a historic building like this one. Lombino also shares the variety of amenities offered in the Refinery and some updates about the building's current status. It's an amazing project and a fascinating conversation. Give it a listen and let us know what you think.
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On this episode of the Closed! podcast, Lee and Cooper chat with Stephen Wendell, Founder and CEO of Mountain Shore Properties, a company that develops commercial and residential properties across the US. During the conversation Stephen discusses how Mountain Shore vets and selects its projects, how the pandemic impacted travel trends, and the challenges the company faced when recently developing a hotel in the Catskills. Stephen also shares his perspective on how the new Airbnb rules in New York City are likely to impact the hotel industry and the future of tourism in New York City. It’s a wide-ranging conversation with a lot of relevant insights for developers and anyone involved in the world of hotels. We hope you give it a listen!
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On this episode of Closed! Mike and Lee chat with Councilman Joe Borelli, the Council Minority Leader from Staten Island, about NYC's affordable housing crisis. The conversation focuses on why it's so difficult to construct new units in NYC, how the end of 421a is affecting development, and potential compromises between the right and left on housing issues. They also discuss why so many rent stabilized units are vacant, why Brooklyn is leading the way in new development, and NYC's implementation of local law 97. It's an interesting conversation and we appreciate Councilman Borelli giving us some of his time and weighing in on these important issues.
Joe Borelli is the Minority Leader of the New York City Council who represents the 51st Council District, which encompasses Staten Island's South Shore,
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On this episode of the Closed podcast Lee and Cooper chat with Briggs Elwell, the CEO and co-founder of RLTY Capital, a New York-based specialty finance firm for the real estate community offering a comprehensive suite of services for agents. During this conversation Briggs explains the nuts and bolts of RLTY's platform for advancing commissions for agents. Briggs also shares details about the suite of other products RLTY offers brokers including LLC formation, wealth management services, and (coming soon!) a comprehensive health insurance plan.
We really enjoyed hearing all about what RLTY is doing in the real estate space and we hope you take some time to listen. For more on RLTY check out: https://rltycap.com/
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On this episode of Closed! we chat with New York Times best selling author William Cohan about the current state of the commercial real estate market. The conversation focuses on how the dual blows of the pandemic and rapidly rising rates have put the squeeze on owners of class B real estate, and the holders of office focused REITs. Cohan also shares his thoughts on the what future looks like for this asset class, and how building owners are likely to respond. It's an extremely informative conversation and we hope you give it a listen.
William D. Cohan, a former senior Wall Street M&A investment banker for 17 years at Lazard Frères & Co., Merrill Lynch and JPMorganChase, is the New York Times bestselling author of three non-fiction narratives about Wall Street: Money and Power: How Goldman Sachs Came to Rule the World; House of Cards: A Tale of Hubris and Wretched Excess on Wall Street; and, The Last Tycoons: The Secret History of Lazard Frères & Co., the winner of the 2007 FT/Goldman Sachs Business Book of the Year Award.
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