Joe Koicim, Shaun Riney, Seth Glasser, and Mike Salvatico sit down for a roundtable discussion on the current state of the New York City multifamily market and why today's challenging environment may be creating some of the best buying opportunities in years.

Despite rising interest rates, tighter lending standards, and continued regulatory uncertainty, transactions are getting done and capital is finding its way back into New York City. The group discusses historically low valuations, attractive cap rates, the growing presence of all-cash and 1031 exchange buyers, and why some properties are trading well below their prices from a decade ago.

They also explore the challenges and opportunities in rent-stabilized housing, how investors are underwriting collection losses and regulatory risk, the impact of lender pressure on sellers, and where they see the most compelling investment opportunities.

Get the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily

https://www.newyorkmultifamily.com

Reach out to us at: seth.glasser@marcusmillichap.com

Seth Glasser and Matt Gault sit down with Paul Carassone, known on the internet as The Property Boss, for a wide-ranging conversation on a lifetime spent owning, operating, and investing in multifamily real estate.

Paul shares how his early years working in his family’s grocery business and alongside his father in Bronx apartment buildings shaped the hands-on approach that eventually helped him build a prolific multifamily portfolio in the Hudson Valley. He shares the practical lessons that come from decades of experience, from understanding buildings and managing tenants to controlling costs and navigating the day-to-day realities of operating real estate, a business that's not as "passive" as many people think.

Paul also weighs in on today’s NYC multifamily market, why he believes current Bronx pricing represents a generational buying opportunity, and why investors willing to ride out the current political cycle could see significant upside. The conversation then turns to the other side of investing: knowing when to sell, planning an exit strategy, navigating 1031 exchanges and DSTs, and deciding what life will look like after selling

This episode offers an unfiltered look at what it actually takes to build wealth in real estate—and how to prepare for the next chapter.

Get the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily

https://www.newyorkmultifamily.com

Reach out to us at: seth.glasser@marcusmillichap.com

Shaun Riney and Seth Glasser sit down with Avi Schron, Executive Vice President of Cammeby’s International, for an operator’s perspective on how New York City’s rent-stabilized housing system has changed—from the introduction of IAIs and MCIs in the 1990s to HSTPA, rising operating costs, and the current rent freeze.

Avi explains why operating expenses have climbed from roughly 45–55% of revenue to as high as 75% in many buildings, how fixed revenue and escalating costs are forcing owners to scrutinize every expense, and why the long-term consequences may ultimately be felt most directly by tenants through postponed capital work, receiverships, and deteriorating building services.

Avi also discusses the history of the Schron family business, Cammeby’s investments in New Jersey, office-to-residential conversion opportunities in Lower Manhattan, and a recently completed 499-unit development in Coney Island. The episode closes with a broader conversation about faith, stress, leadership, and how Avi remains optimistic while navigating an increasingly uncertain real estate market.

Get the latest updates on Instagram: https://www.instagram.com/newyorkmultifamily

https://www.newyorkmultifamily.com

Reach out to us at: seth.glasser@marcusmillichap.com