Episode 21: Leonard Steinberg on Proposed Rental Broker Fee Ban & His Trip to The New York Supreme Court in Albany County
Real Takk Podcast28 Helmi 2020

Episode 21: Leonard Steinberg on Proposed Rental Broker Fee Ban & His Trip to The New York Supreme Court in Albany County

In this episode, we have our Chief Evangelist of Compass join in on my show to discuss the State Legislature's proposed new law of banning tenants from paying the broker fee for rental properties in NYC. He is a proponent of the brokerage community and an influential voice in our field. Here are his takeaways about his day written from his daily contemplations:

1. You have to show up. Whining and complaining about politics is useless. Sometimes you must roll up your sleeves and get involved and make an effort. Take the time needed to get involved and have an impact. 2. The squeaky wheel gets the grease: without fail, every politician said they listen and hear the loudest, most consistent voices most. 3. You have to be looking out for the greater good. Yes, some special-interest lobbyists succeed to cater to their own hyper-localized issues, but politicians care most about pleasing the majority of voters. 4. Rehearse your message and be CLEAR about what you want, and ASK how the politicians plan to address your concerns. 5. Make your concerns public. A letter is easily filed or thrown away. As is an e-mail. A TWEET or social media post tagging specific politicians is PUBLIC. You cannot ignore that as easily. 6. Numbers count. A handful of people's voices matter. Several hundred or thousand voices will get REAL attention. And action. 7. Politicians are BRILLIANT at making you feel like you've been heard, that they REALLY CARE. Don't rely on words and promises. 8. Don't rely on 'others' to speak on your behalf. Most times they have other interests at heart. 9. Politicians listen closest to their constituents. They want to succeed and be re-elected. 10. We hired a lobbyist. I abhorred lobbyists until yesterday: without this lobbyist, we would never have been able to as effectively identify whom to meet with and how. This lobbyist acted like a great agent and we all know how important a good agent is!

As a result, the New York State Justice Mackey temporarily blocked the state’s week-old ruling that had effectively barred tenants from having to pay a broker fee, issuing at least a short-term reprieve to an industry scrambling to respond The decision was expected to stay in place until at least March 13, when Justice Mackey has asked the Department of State to respond in court. However, this restraining order does not necessarily foreshadow that the broker fee ruling will be blocked for good.

If you're interested in real estate news & politics, this is certainly an episode for you! Thank you for subscribing & listening!

Jaksot(134)

Episode 38: Sean Hughes, from Underdog to Wonderdog

Episode 38: Sean Hughes, from Underdog to Wonderdog

I welcome on my good friend Sean Hughes on episode 38. Sean & I started our careers around the same time in the late 2000s. He was the very first agent to join TOWN Real Estate, a firm that unfortunat...

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Episode 37: Nancy Wu, Streeteasy Economist & The Current State of the NYC Rental Market Amid the COVID 19 Pandemic

Episode 37: Nancy Wu, Streeteasy Economist & The Current State of the NYC Rental Market Amid the COVID 19 Pandemic

Nancy Wu was kind enough to share some of her time to give her thoughts on the current state & the future of the NYC rental market.  Nancy leads the research efforts at StreetEasy as the Economist, us...

12 Syys 202042min

Episode 36:  What Happens to Real Estate if Biden is Elected?

Episode 36: What Happens to Real Estate if Biden is Elected?

I go solo dolo in discussing the Democratic presidential nominee Joe Biden's planned changes, programs & policies he would implement in the real estate industry. During his nomination acceptance speec...

1 Syys 202031min

The State of the NYC Rental Market Amidst The COVID19 Pandemic

The State of the NYC Rental Market Amidst The COVID19 Pandemic

After a little hiatus (sorry!) Dylan & I discuss the state of today's NYC rental landscape amidst the COVID19 Pandemic. In short, Manhattan is getting destroyed.  And to be candid, nobody has a playbo...

14 Elo 202059min

Episode 34:  Amir Korangy, Founder of The Real Deal: The Pandemic, Black Lives Matter Movement, NYC Protests, & The COVID19 Pandemic

Episode 34: Amir Korangy, Founder of The Real Deal: The Pandemic, Black Lives Matter Movement, NYC Protests, & The COVID19 Pandemic

The Founder of The Real Deal Amir Korangy joins me on The Real Takk Podcast.  The Real Deal is a media, publication & events company with a focus on covering residential & commercial real estate news,...

9 Kesä 202049min

Episode 33:  Gabriel Stulman, Owner & Operator of 9 TOP NYC Restaurants Discuss Implications of COVID19

Episode 33: Gabriel Stulman, Owner & Operator of 9 TOP NYC Restaurants Discuss Implications of COVID19

Gabe Stulman is my guest on this episode of Real Takk.  Gabe owns & operates 10 restaurants in NYC, the majority of them located in the West Village.  We discuss the implications of SBA's PPP system t...

29 Touko 202047min

Episode 32:  Chris Okada of Okada & Co, State of the NYC Commercial Landscape Amid COVID 19

Episode 32: Chris Okada of Okada & Co, State of the NYC Commercial Landscape Amid COVID 19

Chris joins me on The Real Takk Podcast to discuss the 3 most pressing issues facing New Yorkers, in life & work today, the state of the commercial market in NYC, what he thinks the recovery holds for...

24 Touko 20201h 2min

Episode 31: State of the RE Market Amid COVID19 in Denver Colorado

Episode 31: State of the RE Market Amid COVID19 in Denver Colorado

Jessica Northrop from Denver Colorado jumps on the Real Takk Podcast to discuss the state of the Denver Colorado's real estate market amid the Covid19 Crises.  How strong or weak is the Denver market?...

13 Touko 202025min

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