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

Shaun Riney and Seth Glasser sit down with Max Herzog and Jake Kahn from Marcus & Millichap Capital Corporation, and David Tobin and Spencer Kirsch from Mission Capital Advisors at Marcus & Millichap, for a timely discussion on the state of the NYC multifamily debt market, fresh off the announcement of a historic two-year rent freeze.

The group breaks down what it means for rent-stabilized property values, lender underwriting, note sales, refinances, and distressed assets across New York City. They discuss how buyers are underwriting rent-regulated buildings today, why financing has become more selective, how lenders are approaching maturing loans, and where note buyers are finding opportunities in the market.

The conversation also highlights the growing need for collaboration between sales brokers, debt advisors, note-sale teams, lenders, and borrowers. As values, loan balances, and operating realities continue to shift, transparency and coordinated execution are becoming essential to achieving successful outcomes.

If you are a lender, borrower or buyer in this rent regulated space – you will want to listen in…

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

https://www.newyorkmultifamily.com

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