$300 billion. Seriously.: Recent Episodes
PincusCo Media LLC
PincusCo Media brings cutting edge insights from leading players in New York City's $300 billion annual real estate industry. Episodes are targeted to specific facets of the industry, analyzing the market by asset class, lending strategies, cap rates, underwriting, transactions and more.
TF Cornerstone's Jeremy Shell and JLL's Bob Knakal discuss land price trends, 421a replacement options, lending uncertainty, and the impact of the Ukraine war in this fast-paced market analysis. The interview was held on March 8, 2022.
Michael Shah of Delshah Capital and David Schechtman of Meridian Capital Group gave a fast-paced, 30-minute analysis that began with a discussion of the recent rise in commercial foreclosures.
In the second half of the program, the two veteran dealmakers discussed NFTs and crypto through their real-world experiences -- Shah with NFTs on one of his projects and Schechtman as a broker marketing a property to crypto buyers. Adam Pincus, founder of PincusCo Media, moderated.
The volume of Gowanus new building filings over the past 12 months is astounding. PincusCo is tracking 38 plans, with 6,046 units, covering roughly 6.4 million square feet, and there's more to come. Sales have been slow but some owners might look to sell once they get plans approved.
Developer Sam Charney of Charney Companies, who has three buildings underway in Gowanus, and Dan Marks of brokerage TerraCRG, who's sold some of the biggest parcels in the neighborhood, discuss development and sales in the neighborhood.
One of the city's most active multifamily buyers, Sean Lefkovits of Davean Holdings, and one of the city's most active brokers, James Nelson, of Avison Young, discuss the multifamily sales market with a focus on high-volume buyers.
Lefkovits discusses his strategy for sourcing and processing deals. James provides context on the market of active buyers and discusses how activity may play out this year.