Episode 60: NYC's Housing Policy Battlefield with Fontas Advisors
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Shaun Riney and Seth Glasser are joined by George Fontas and Frank Ricci of Fontas Advisors. The discussion covers the political landscape impacting the real estate industry, focusing on the controversial COPA bill, the Pinnacle bankruptcy sale, and evolving state of housing policy under the Mamdani administration.
George and Frank provide insights into the collective efforts by the real estate industry to navigate these challenges, the role of the NYC City Council, and the broader implications of government interventions on property ownership. They also touch on upcoming issues such as the Rent Guidelines Board, potential lawsuits, and the financial challenges facing property owners. The conversation concludes with advice for property owners on managing their portfolios amidst these changing dynamics.
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https://www.newyorkmultifamily.com
Reach out to us at: seth.glasser@marcusmillichap.com
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