Episode 037 – Delaware Statutory Trust to Retire Your Active Real Estate Portfolio – It’s an Option

Are you wondering about The American Families Plan, aka Biden Tax Proposals, and how it will impact real estate gains?
What are some of the things you can do now?
What if you want to liquidate a long term owned real estate portfolio but are worried about the tax on what will be a large capital gain. What if you would like to retire and no longer manage the properties?
In this episode, accountant Bob Russo, aka CPABOB and Delaware Statutory Trust (DST) expert Rob Pecha, aka 1031ROB discuss planning for the future and explain terms like stepped up basis, boot, depreciation recapture and more. This is a must listen for those considering a sale out of an existing real estate investment portfolio using the 1031 like kind exchange and also everyone else that one day may be doing the same.

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Episode 036 – AKAM Today – Professional Living Services Equals Hospitality

In condominiums and cooperatives there is a mix of owners and renters.
Michael Rogoff, President of AKAM, shares his take on how an air of hospitality coupled with a smile can simplify the management of this dynamic and enhance the quality of life for everyone.

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Episode 035 – Demand Response – Save Energy – Dollars and Get Paid

Happy 3rd Birthday Realty Speak!
Tina Larsson and Matt McCue share intel in this episode that looks into the future of energy consumption in New York City.
Not only will you learn how to save dollars but also how you’ll get paid dollars while doing your part to impact climate change and contribute to the campaign to mitigate global warming driven by the human emissions of greenhouse gases. And as if that was not enough, we demystify NYC Local Laws 33, 84, 87, 92 and 94.

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Episode 034 – Eviction Moratorium – What Owners, Tenants and You Need to Know Right Now

The narrative around an Eviction Moratorium communicates a false positive that amounts to no more than a strategy to boost political popularity while failing to explain or plan for what happens in the future. The accumulation of an obligation with no relief or assistance is a plan to fail all the stakeholders of rental housing. Especially when the debits far exceed the credits.
Who are the stakeholders? Far more reaching than just landlords and tenants.
Joanna Wong, my Co-Host on this episode of Realty Speak, and I are joined by Attorneys Nativ Winiarsky, Jim Marino and Lisa Faham-Selzer of Kucker Marino Winiarsky & Bittens and they expertly lead us to an understanding of what is really happening here.
Tenant, landlord or otherwise; this is a must listen that will hopefully get you talking – to each other.

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Episode 032 – The Paper and Show Must Go On – NEREJ and NYREJ Find the Way Forward

The signs were there in late February and early March. Now what?!
In this episode of Realty Speak, Rick Kaplan – Media Director, shares how the New England and New York Real Estate Journals made the pivot during the Covid-19 Pandemic and continued to publish without missing a beat. While continuing to get the news out as normal they also explored new ways to serve their readers, contributors and sponsors. Rick unravels Rolly’s story from 1963 and brings us forward to now

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Episode 031 – Urban Town House for the Workforce of the West – Just in Time

New multifamily housing development is clearly in Scott’s DNA.
His ability to see a little into the future while being mindful of the past and careful about the present is his superpower as he innovates workforce housing.
Not only has he not shut down, he is accelerating the model.
Great stories and insights that you will be glad we shared.

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Episode 030 – Family Legacy Multifamily in the Big City – Challenges and Joys

When you think of apartment buildings in New York City you imagine them owned by large Real Estate Corporations, Private Equity Companies and publicly traded Real Estate Investment Trusts. However, when you pause and look closely you will find that there is a group of dedicated families who operate legacy multifamily real estate across many celebrated communities in our big pond of a town. These individuals who represent the fabric of the diverse cultural enclaves provide much of the affordable regulated apartments and they do it with heart!
Recorded, on Juneteenth, they raised their voices and candidly shared the inequity of their contribution to housing in NYC while having to operate under a barrage of regulatory burden and a lack of social and financial recognition.
SPONY.ORG members Joanna from Soho, Jan from Chinatown and Sharon from East Flatbush are Real New Yorkers telling it like it is. Do not miss this one!

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Episode 029 – Syndication – Template for Success in a Real Estate Fund

For Tom Carroll investing in real estate while working in the financial markets was an exercise in diversification. It eventually became his journey from active limited partner to a managing general partner with a team that has scaled real estate assets under management 16x since 2014.
Strategic financial and demographic analysis around acquisitions, back office and property level efficiency along with superior management of their investor’s expectations and user experience is the basis for their success as a private equity real estate syndicator.
After listening to this episode that is jam packed with all the hows and whys – you find yourself saying – “Yes, I can try this at home.”

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Episode 028 – COVID-19 Virtual Summit – For the Landlord and Real Estate Professional

This episode is the lightly edited audio of a Virtual Summit I moderated on Tuesday, April 7, 2020. The free online event “Virtual Summit for the Landlord and Real Estate Professional of New York City and Beyond – Coronavirus & Your Rental Cash Flow” was produced by the law firm of Kucker Marino Winiarsky & Bittens, LLP.
Live attendees were able to hear and interface with thought leaders in various roles in the real estate industry addressing the pressing topic of what landlords should be expecting in relation to rent payments in the view of the ongoing pandemic and how to financially prepare for a possible significant drop in rental receipts. In additional we answered many questions around the CARES act and the financial resources available to successfully navigate this unparalleled time.

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Episode 027 – Over Regulation of Property Rights – The Real Consequences

In June of 2019 the laws that regulate rents in NY swung 180 degrees to the left.
Now after that recipe has simmered for almost a year we are experiencing the Real Consequence of its bitter brew. Not just for property owners, but all stakeholders.
Join attorneys Nativ Winiarsky and Jim Marino as they share the stories of what was, what is and what to expect as we tread down this path.
And this is NOT just a NY thing. It could come to a location near you soon!
Listen, learn and share EVERYWHERE. It’s time to stop the proliferation of this form of regulation in its tracks.

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Episode 026 – The Real Estate Data Universe – The Path to a Conclusion.

Listen and learn from Jim Costello, SVP at Real Capital Analytics as he takes us on a journey through the trends and tools available to make sense of transactional real estate data.
Jim is brilliant and we touch on everything from alternative property types, leverage, transportation infrastructure, local national and global markets, the aftermath of impactful economic events and so much more.

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Episode 025 – Placemaking – The Business Improvement District Way

What a difference a DECADE makes. In this episode – Ellen Baer, Hudson Square BID – President and CEO, will share with you the why, what and how of creating and executing a Business Improvement District!
Whether you are contemplating a BID in your community or not; you’ll want to listen to Ellen’s process for transforming a neighborhood’s vision into a reality in which all the stakeholders reap rewards.

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Episode 023 – Diversity and Equality – Women in Real Estate

NYU Dean Sam Chandan together with KPMG partners Shruti Sha and Yesenia Scheker participate with me in this very relevant, timely and thought provoking conversation that will have you asking yourself “what can I do to help build the blueprint for change”

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Episode 022 – Ensure the Insurance – Hold Harmless, Endorsements, Exclusions – Oops!

Matt Cotter, a Consultative Broker and Construction Insurance Specialist along with Michael Nucatola a Risk Consultant for the real estate industry lead you up and down the risk transfer totem pole.
Where you land; top, bottom or middle has more to do with asking questions. After listening you’ll not only know what questions to ask – but what the answers mean as well.

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Episode 021 – Development of Affordable Housing – A Mission to Expand

Goldstein Hall law partner, Matt Hall and affordable housing developer Eli Weiss of Joy Construction discuss how the supply and demand paradigm is the overarching fundamental that supports a business model of developing regulated housing.

Are you curious to know why the mission to opt in to the development of affordable, workforce and middle income housing VS developing market rate assets makes sense?
Tax exempt bond financing, tax credits in the equity stack, area median income, political will, community boards, it’s all here and more.

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Episode 020 – Multifamily Lending – Fannie Mae, Freddie Mac and HUD Capital Markets

Blake Janover of Janover Ventures a Commercial Real Estate Capital Markets company and Realty Speak® host Bill Weidner talk pre and post the 2008 financial crisis while helping you count the ways you can execute the finance of new multifamily development and existing apartment housing anywhere in the USA.
This straightforward discussion will guide you along Blake’s personal entrepreneurial journey and his love affair with all things lending. Great insights and info – you do not want to miss a word.

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Episode 019 – World of EB-5 – Deep Dive and the Capital Stack

Attorney Min Chan, Managing Director of the Chan Law Firm and Allison Berman, Managing Director and General Counsel of Greystone’s EB-5 bring you deep into the world of the EB-5 Program – an Immigrant Investor Visa Program which provides a method for eligible Immigrant Investors to become lawful permanent residents of the United States.
EB-5 can be a viable alternative as part of your Capital Stack that costs US taxpayers nothing, adds to Federal Tax Revenue and best of all – requires the creation of new jobs.

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Episode 018 – Land of Opportunity IS in the O-Zone – Really!

Developer Toby Moskovits and Realty Speak® host Bill Weidner navigate through the latest guidance from Treasury/IRS on the Opportunity Zone regulations with KPMG Opportunity Zone experts Phil Marra and Demetri Yatrakis.
You will learn how the Opportunity Zone program could help defer payment of tax on those gains for up to 7 years and further eliminate capital gain tax on future profit after 10 years.
These latest clarifications on the regulations create additional latitude when forming a strategy around Qualified Opportunity Funds in Opportunity Zones for real estate and/or businesses.
This is a must listen for business owners, real estate entrepreneurs and those who have real estate and non-real estate capital gains.

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Episode 017 – Rent in THE City – More Regulation? Yup!

On June 14th 2019, subsequent to the publication of this episode, NYS Senate Bill S6458 was enacted as the “Housing Stability and Tenant Protection act of 2019”.
Much of what you will hear in this episode was passed as part of the bill in one form or another. 
To access and review the “Housing Stability and Tenant Protection act of 2019” from the NYS Senate web site go here.
https://www.nysenate.gov/legislation/bills/2019/s6458
Realty Speak®, Bill Weidner and his guests do not give legal or financial advice and all decisions made by stakeholders around any topic on Realty Speak® should rely on their own appropriate legal and financial counsel for clarification of any and all information that is distributed by Realty Speak®, Bill Weidner and the podcast guests.

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Episode 016 – An Affordable Footprint – Carbon That Is

Chris Parker, Founder, Giv Group in Utah joins Bill in this episode to discuss that it’s not just technology, energy efficiency and affordability that are the foundation of his multi-family development projects.
Instead; an altered perspective drives him and his team to form and execute alternative solutions.

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Episode 015 – Raising the Bar (bell) – Amenities in New Development

Vinnie Sunders, Matrix Fitness and Jeff Yachmetz, Slate Property group share that in these times the ultimate customer, the tenant has an expectation of experiential living that goes far past the idea that apartment living is just the cube you occupy.

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Episode 014 – Gimme Shelter – Transitional Housing Part 2 – What a Story!

ORIGINAL EPISODE DESCRIPTION WHEN PUBLISHED IN JANUARY OF 2019.
The Victor Rivera backstory is a raw personal history of growing up surrounded by the nefarious influences of his South Bronx neighborhood in the 1960’s.  
Did he succumb? Did he fall? Did he subsequently triumph?
Episode 14, Part 2 is a true story of this transformational journey as Realty Speak® shifts from talking profit to exploring the spirit of the person, the power of hope and the truth that we all have the capacity to live our best life.

UPDATE – MARCH 25th 2021
On February 7th, 2021, a little more than 2 years after this episode was published here on Realty Speak, the NY Times published an investigative report that exposed accusations of sexual abuse and financial impropriety by Victor Rivera in connection with the not for profit Bronx Parent Housing Network (BPHN). It was titled ‘Nobody Tells Daddy No’: A Housing Boss’s Many Abuse Cases by Amy Julia Harris. 
Victor Rivera was summarily dismissed from BPHN and several follow up articles appeared in the NY Times along with an interview with Amy Julia Harris on the NY Times podcast The Daily. Then on March 24th, 2021 the Times published the article “Housing Boss Who Was Accused of Sexual Abuse Now Faces Bribery Charges” 
When you listen to the episode from 2 years ago, it does appear that Victor navigated an amazing transformation in his life and was providing housing for the homeless.
This story would normally serve as an inspiration to others who are trying to turn their lives around. And for 2 years, I suppose it did.
Now however, you read the articles and what he has been accused of – Victor’s good story then transforms into a disappointing example of a narrative that apparently did not match his actions. If guilty, a clear and extreme violation of trust.

May this particular sequence of events serve as a reminder that success, especially when against the odds, is a gift and certainly never a reason to abandon a moral compass and then use that success to exploit others.

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Episode 014 – Gimme Shelter – Transitional Housing Part 1 – It’s a Biz.

Juan Restrepo, Esq. and Richard Yao, COO of the not for profit Bronx Parent Housing Network discuss transitional housing and the nuances around this niche of multifamily real estate.
This episode reveals a very special opportunity for multifamily developers and owners of existing multifamily buildings to achieve revenue stabilization while helping to fill the housing gap experienced by many who find themselves homeless.

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Episode 012 – Things That Go Bump in the Transaction

Just when you thought you could sell or buy you may find out that something you thought you knew; you actually did not know.
In this episode you will hear from Susan May-McLean, owner and Sherri Zaret, partner of Horizon Land Services, a title abstract company with the story of the firm and their partnership.
Then Mario Lan, in house counsel for Horizon Land Services and Vincent Balardi, a commercial real estate attorney and counsel for the NYC law firm of Moritt Hock & Hamroff share relevant examples from their years of experience mastering title and the real estate transaction.

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Episode 010 – Real Estate Wealth in the 401K or IRA? Yes, the Self Directed Way.

Today Megan Galane from Mountain West IRA is talking with Bill about how to take control of funds in your retirement account by creating a Self-Directed IRA or 401K.
This is an amazing strategy that enables one to maximize the use of the capital in your retirement account to build wealth in real estate.

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Episode 009 – Big Project Construction Perils – The Path to Success.

Construction and Management Consulting Expert Michael Nucatola and Construction Law Attorney Brian Markowitz are our guests this episode. They discuss how the many intricacies of the planning and preparation that increases the probability of a successful large scale construction project. The advice in this episode is priceless.

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Episode 008 – How FAR can you go? – Floor Area Ratio, that is.

Land use Consulting Expert Eldad Gothelf and Architect/Developer Alex Hughes are our guests this episode. They discuss how FAR (Floor Area Ratio) is sometimes not as FAR out as you think and explain why we don’t sell air in NYC but a developer can build very tall buildings by assembling development rights. Get the lowdown on New York City zoning, planning, development and process in this information packed episode of Realty Speak®.

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Episode 007 – Metrics, Spreadsheets and Philosophy – Oh My

You are in for a treat in Episode 7 as real estate investor, income-property analysis software developer, author and Columbia University Asst. Adj. Prof. Frank Gallinelli shares not only his Fave Five metrics every RE investor should know but how 3 other important concepts play into a prudent investor’s game plan.

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Episode 005 – Deferred Sales Trust – It’s an Option!

In this episode Michael Burwick, a practicing attorney with several decades of tax and securities law experience and the President of Deferred Sales Trust Services LLC talks with Bill about the Deferred Sales Trust as an alternative and/or supplement to more traditional capital gain tax deferral strategies.

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Episode 004 – Rent Regulation – It’s Real

ORIGINAL SHOW NOTES:
In this episode Simon Moule, a 20+ year veteran of consulting on regulation and the President of STM Associates talks with Bill about the complicated laws that regulate multifamily rental property in NYC.
This is a must listen for everyone in the apartment building ownership business.
To chat more about Rent Regulation reach out to Simon at dhcrguru@gmail.com or 718-318-8340

UPDATE:
On June 14th 2019, subsequent to the publication of this episode, NYS Senate Bill S6458 was enacted as the “Housing Stability and Tenant Protection act of 2019”.
To be certain that you are using the most updated information please contact Simon at dhcrguru@gmail.com or 718-318-8340.

On 04/02/2019, subsequent to this episode; Realty Speak® Episode 017 – “Rent in THE City – More Regulation? Yup!” was published. It was a discussion about the proposed changes to the NYS rent laws. Both Simon’s episode and Episode 017 are great primers for a better understanding of what the rules were prior to the the new law and will be helpful information to have as you explore the new law.
On 03/13/2020, subsequent to this episode; Realty Speak® Episode 027 – “Over Regulation of Property Rights – The Real Consequences” was published. It was a discussion about the actual changes to the NYS rent laws. Both Simon’s episode and Episode 027 are great primers for a better understanding of what the rules were prior to the the new law and how the changes have impacted NYC apartment building real estate.

To access and review the “Housing Stability and Tenant Protection act of 2019” from the NYS Senate web site click here.

Realty Speak®, Bill Weidner and his guests do not give legal or financial advice and all decisions made by stakeholders around any topic on Realty Speak® should rely on their own appropriate legal and financial counsel for clarification of any and all information that is distributed by Realty Speak®, Bill Weidner and the podcast guests.

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Episode 003 – Taxes Come & Taxes Go

In this episode David Gorenberg, ESQ., formally EVP & Counsel for Riverside 1031 and Len Berkowitz,ESQ, Managing Director of Riverside TACS share strategies that will help you keep more of the profit from investment real estate wealth and put your hard earned capital to work for you and your legacy sooner than later. Enjoy!

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Realty Speak® – The Podcast

Realty Speak® has a lot to say about the many strategies you can employ around the revenue, cash flow, profit, debt, equity and the final returns of your portfolio of investment real estate.

And remember – It’s not about us but how we help YOU make the bottom line rise.


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What’s in it for you? The what, where, why and who of Realty Speak. To get the full idea of what to expect just click play. It’s only 4 minutes and will take less time than the R to Union Square.

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