Do You Ever Wonder About Being A Real Estate Columnist At Crain's New York*?

03/25/23 • 28 min

Do You Ever Wonder...The Hallmark Abstract Service Podcast

*And Then Pivoting To Sell Commercial Real Estate with the Adelaide Polsinelli Team at Compass?
So did we, which made asking Natalie Sachmechi to be our guest a no-brainer!
And it was the perfect segue for Do You Ever Wonder that, after speaking with industry veteran and icon Bob Knakal, we speak with a young up-and-comer who one day will be a commercial real estate sales star!
Our conversation touches on many of the critical New York City real estate issues facing both landlords and tenants including 421a, affordable housing, the 2019 Housing Stability and Tenant Protection Act, and other factors affecting both sides of the landlord/tenant equation such as the NYC government.
We then talk about the natural move that a writer about commercial real estate might make, to become a broker of CRE investment property.
Particularly if that move entails becoming a member of Adelaide Polsinelli's Team at Compass!
Enjoy the discussion, and if you think that being a guest on Do You Ever Wonder is an idea worth exploring, let us know at [email protected] or give us a call at (646) 741-6101.
You can stream this episode and all of the others, on your favorite streaming platform here: https://areyouwondering.buzzsprout.com/share
Watch this and all of the Do You Ever Wonder episodes on YouTube here: https://www.youtube.com/channel/UCzmL4Yaump_9Q7tMSChDoUQ
And if you like what you see, please like and share our channel!
____________________________________________
Are you interested in appearing as a guest on the Do You Ever Wonder podcast?
Let us know at [email protected].
The Do You Ever Wonder podcast is brought to you by New York title insurance provider Hallmark Abstract Service, and hosted by its CEO Mike Haltman. Reach out with the story you would like to tell at [email protected].
Hallmark Abstract Service...You Buy, We Protect!
Read the article 'Are New York Title Insurance Providers All The Same?’ here, https://www.hallmarkabstractllc.com/?....
Questions about New York title insurance or the real estate transaction process?
Let us know at Hallmark Abstract Service at (646) 741-6101 or send us an email at [email protected].

Previous Episode

Do You Ever Wonder What A 1031 Exchange Is? Meet 1031 Rob!

The 1031 Exchange - A Phenomenal Financial Planning Tool For Building Owners!
And this discussion with Rob Pecha explains it all!
Walking down the street in New York City, or in any city or town across America, there are commercial properties everywhere you look.
When the owners of those buildings sell, is it the best financial decision to take the proceeds and pay the taxes due? Or is there another way to defer those taxes, while investing the sales proceeds in 'like kind' properties?
Of course everyone's fiscal situation is different, but a 1031 Exchange presents the opportunity to continue to own property while benefitting from both the potential income it throws off and the potential for price appreciation.
And, if held onto until the owner eventually passes on, there is a step-up for heirs to the current market price.
If someone chooses to execute a 1031 Exchange, there are strict rules to be followed, or else a taxable event will occur. And in the process there is a need to use a fully vetted intermediary who will hold the sellers proceeds.
There are also alternatives to the outright ownership of another building(s), and that is through a passive 1031 Exchange known as DST's, or Delaware Statutory Trusts.
This style of 1031 Exchange eliminates the 3 T's of management - Tenants-Toilets-Trash!
DST's provide monthly income and the potential to participate in any appreciation. Here too, total vetting is critical because like in anything else, there are great operators and not-so-good ones.
All of that said, meet Rob Pecha, known as the '1031 Exchange Quarterback', who knows the 1031 Exchange business inside and out, and is a trusted advisor to a great many people.
Rob is able to take clients through the entire 1031 process with a modular and customizable portfolio of eligible properties. Offering “1031 solutions to 1031 problems”, Robert takes great pride in helping his clients make purposeful and confident investment decisions.
Contact Rob:
[email protected]
‭(917) 833-5922‬
You can stream this episode and all of the others, on your favorite streaming platform here: https://areyouwondering.buzzsprout.co...
Watch this and all of the Do You Ever Wonder episodes on YouTube here: / @halthouse1
____________________________________________
Are you interested in appearing as a guest on the Do You Ever Wonder podcast?
Let us know at [email protected].
The Do You Ever Wonder podcast is brought to you by New York title insurance provider Hallmark Abstract Service. and hosted by its CEO Mike Haltman. Reach out with the story you would like to tell at [email protected].
Hallmark Abstract Service...You Buy, We Protect!
Read the article 'Are New York Title Insurance Providers All The Same?’ here, https://www.hallmarkabstractllc.com/?....
Questions? Reach out to Hallmark Abstract Service at (646) 741-6101 or send us an email at [email protected].

Next Episode

Do You Ever Wonder Speaks With B6 Real Estate Advisors CEO Paul Massey!

Do You Ever Wonder With Paul Massey, CEO Of B6 Real Estate Advisors!
For the Do You Ever Wonder podcast, having the opportunity to speak with Paul Massey was the equivalent of hitting both ends of a daily double!
That's because about one month prior we had Bob Knakal, Paul's partner for 26 years, on Do You Ever Wonder as well.
These two CRE icons started the commercial real estate firm Massey Knakal back in 1988, worked to grow it as an unbelievable team for 26 years, and then sold it to Cushman & Wakefield in 2014.
In 2018, Paul and his partners launched B6 Real Estate Advisors, short for 'Building By Building, Block By Block'.
'B6 provides commercial real estate owners and stakeholders with a next generation experience to optimize their investments. They take a holistic approach, empowering every client with agent expertise, technology-forward insights, and a team-oriented culture.'
The firm 'employs a distinct Territory Network model, that ensures sub-market expertise for its agents along with an owner-aligned philosophy and a technology-forward platform'.
Our conversation with Paul covered a variety of topics, but at the heart of it all Paul's love for commercial real estate and for doing whatever he can to help his brokers succeed, consistently shone through!
If you have questions for Paul, or you would like to visit the website...
Paul Massey Email: [email protected]
B6 Real Estate Advisors: https://b6realestateadvisors.com/
Phone #: 212.473.2600
Subscribe to Do You Ever Wonder and share the links with your friends.
You can stream this episode and all of the others, on your favorite streaming platform here: https://areyouwondering.buzzsprout.com/shareWatch this and all of the Do You Ever Wonder episodes on YouTube here: https://www.youtube.com/channel/UCzmL4Yaump_9Q7tMSChDoUQ
____________________________________________
Are you interested in appearing as a guest on the Do You Ever Wonder podcast?
Let us know at [email protected].
The Do You Ever Wonder podcast is brought to you by New York title insurance provider Hallmark Abstract Service, and hosted by its CEO Mike Haltman.
Hallmark Abstract Service...You Buy, We Protect!
Read the article 'Are New York Title Insurance Providers All The Same?’ here, https://www.hallmarkabstractllc.com/?p=10321.
Questions about New York title insurance or the real estate transaction process?
Let us know at Hallmark Abstract Service at (646) 741-6101 or send us an email at [email protected].