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Instant Insight: Rent Stabilized Market in NYC with James Eisenberg

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Manage episode 270940039 series 1507841
Content provided by Jake Toth and Peter Von Der Ahe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jake Toth and Peter Von Der Ahe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Today we speak with James Eisenberg, Executive Vice President at Urban American. Urban American is one of the largest and most well-known owners and managers of multifamily real estate properties in NYC. Many of their assets are in neighborhoods with mostly rent stabilized units.

In this episode, James explains how they have been adapting in the time of Covid-19. Given the virus and the changes to the laws, the art of maximizing upside and knowing when to make moves has shifted from previous times. We discuss the advantages of owning rent stabilized properties, and the path ahead.

Specifically, we discuss tenant relations and the importance of taking care of tenants in any way necessary during times of crisis... and why there is a business upside to this philosophy.

P.S. This episode was recorded right before the RGB issued its guidelines for 2020. You will hear us discuss this topic. In case you haven’t heard, the increases were 0%. So this further complicates operations for owners...but with no further ado...

Let's dive in to hear what else James has to say…

Hope you enjoyed the show!

Please leave a short review on Apple Podcasts/iTunes.

It's quick to do, and helps improve the show - Click HERE to leave a review.

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

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/

www.behindthebricks.com

  continue reading

67 episoade

Artwork
iconDistribuie
 
Manage episode 270940039 series 1507841
Content provided by Jake Toth and Peter Von Der Ahe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jake Toth and Peter Von Der Ahe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Today we speak with James Eisenberg, Executive Vice President at Urban American. Urban American is one of the largest and most well-known owners and managers of multifamily real estate properties in NYC. Many of their assets are in neighborhoods with mostly rent stabilized units.

In this episode, James explains how they have been adapting in the time of Covid-19. Given the virus and the changes to the laws, the art of maximizing upside and knowing when to make moves has shifted from previous times. We discuss the advantages of owning rent stabilized properties, and the path ahead.

Specifically, we discuss tenant relations and the importance of taking care of tenants in any way necessary during times of crisis... and why there is a business upside to this philosophy.

P.S. This episode was recorded right before the RGB issued its guidelines for 2020. You will hear us discuss this topic. In case you haven’t heard, the increases were 0%. So this further complicates operations for owners...but with no further ado...

Let's dive in to hear what else James has to say…

Hope you enjoyed the show!

Please leave a short review on Apple Podcasts/iTunes.

It's quick to do, and helps improve the show - Click HERE to leave a review.

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

And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/

www.behindthebricks.com

  continue reading

67 episoade

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