NY Community Bancorp's Problems in the Rent-Stabilized Market
Odd Lots8 Helmi 2024

NY Community Bancorp's Problems in the Rent-Stabilized Market

The last week saw a major plunge in shares of New York Community Bancorp after the company revealed challenges in its lending to multi-family residential developers. So what went wrong at this bank? And what does it say about this particular market? On this episode we speak with Quantierra CEO Ben Carlos Thypin, a New York City landlord and investor, about the bank's large role within NYC's rent-stabilized housing market. Over the last year, Ben has advised funds to short NYCB based on its exposure to this complex corner of real estate. He explains how NYCB's position, combined with market and regulatory changes to the city's housing market, contributed to the strains.

See omnystudio.com/listener for privacy information.

Jaksot(1184)

Lots More on the Worsening State of the US Labor Market

Lots More on the Worsening State of the US Labor Market

If the government were open, we'd be getting a jobs report today. But as it is, we're in this blackout of official economic data. That's unfortunate, because the economy is already in a very confusing...

7 Marras 202521min

Dmitry Shevelenko on Perplexity's Vision for Reshaping the Internet

Dmitry Shevelenko on Perplexity's Vision for Reshaping the Internet

The news business isn't a great one these days. At least for a lot of legacy outlets (newspapers, cable networks, print magazines etc.), the Internet has obliterated their business model. And now AI i...

6 Marras 202539min

San Francisco's New Mayor on Homelessness, Unaffordability, and AI

San Francisco's New Mayor on Homelessness, Unaffordability, and AI

New York City is about to elect a new mayor, and whoever it is will have to address growing challenges like unaffordability, homelessness, and other basic quality-of-life challenges. Very few of these...

3 Marras 202536min

How Hudson River Trading Actually Uses AI

How Hudson River Trading Actually Uses AI

Unfortunately, it doesn't seem as though you can get great stock picks just by going to ChatGPT and asking it to recommend some investments. And yet financial firms of all sorts — including trading fi...

31 Loka 202555min

The Movement That Wants Us to Care About AI Model Welfare

The Movement That Wants Us to Care About AI Model Welfare

You hear a lot about AI safety, and this idea that sufficiently advanced AI could pose some kind of threat to humans. So people are always talking about and researching "alignment" to ensure that new ...

30 Loka 202550min

Why It's Still So Expensive to Build Homes in America

Why It's Still So Expensive to Build Homes in America

Everyone has an opinion on why housing is so expensive in America -- and to be fair, there are probably a lot of reasons for it. But one simple factor is that homes are expensive to build. Unlike many...

27 Loka 202546min

The Hidden Supply Chain Making Every Menu Feel Familiar

The Hidden Supply Chain Making Every Menu Feel Familiar

If you go out to eat at a restaurant, whether it's a fast food chain or a Michelin-starred bistro, there's a good chance the ingredients on your plate came from the same source. Sysco is the dominant ...

25 Loka 202540min

Daniel Yergin on What Happened to the Energy Transition

Daniel Yergin on What Happened to the Energy Transition

A few years ago, governments and corporations were brimming with optimism about the prospect of getting to net-zero in the efforts against climate change. Today, you hear a lot less about that. And wh...

24 Loka 202544min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-sisalto-kuntoon
ostan-asuntoja-podcast
rss-rahamania
rss-lahtijat
rss-sami-miettinen-neuvottelija
rss-startup-ministerio
hyva-paha-johtaminen
lakicast
rss-seuraava-potilas
herrasmieshakkerit
leadcast
rahapuhetta
sijoituspodi
rss-porssipuhetta
rss-bisnesta-bebeja
rss-viisas-raha-podi