NYC CRE Leaders: Getting to Affordability is Key; Path is Not Clear (VIDEO)

NYC CRE Leaders: Getting to Affordability is Key; Path is Not Clear (VIDEO)


“The Mayor came into office with a message of affordability, and it’s the right mesage. [On] how we get there, we’re going to disagree.”

That’s Hal Fetner, chairman, Fetner Properties, responding to the question of the most important thing for Mayor Zohran Mamdani to focus on. For his part, Gary Rosenberg, president, Rosenberg & Estis, cited taxation as a hurdle to affordability, while Peter Riguardi, chairman and president, New York region, JLL, expressed the hope that the Mayor would learn the ropes quickly.

Connect CRE interviewed numerous commercial real estate leaders at the Real Estate Board of New York’s 130th REBNY Annual. In the video below, you’ll also get insights from Kelly Mack, president, Corcoran Sunshine Marketing Group; Jay Neveloff, partner at Kramer Levin; Jason Haber, agent at Compass and co-founder of American Real Estate Association; Alexander Durst, chief development officer, The Durst Organization; Nassau County Executive Bruce Blakeman; and Sam Chandan, founding director, NYU Stern Chao-Hon Chen Institute for Global Real Estate Finance.



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