Ep. 25 - A Discussion On The Current Conditions Of The Finance Sector And Their Effects On The Building and Realty Industries
Release Date: 06/25/2024
Building Knowledge
The ‘5 in 25’ Housing Agenda of Welcome Home Westchester, a coalition that is producing important and consistent conversations on the serious lack of housing in Westchester County in New York State, was the topic of this episode of “Building Knowledge With The Building and Realty Institute (BRI).” Kate Slevin, the Executive Vice President of The Regional Plan Association (RPA), a member of the coalition, was the guest. Topics discussed during the segment included: 1) The mission of the coalition; 2) The diverse membership of the coalition; 3) A full review of the coalition’s...
info_outlineBuilding Knowledge
A full review of the Corporate Transparency Act and how the mandate affects businesses throughout the U.S. were the topics of this episode of “Building Knowledge With The Building and Realty Institute (BRI).” Carl Finger, Esq., an attorney with Finger and Finger, A Professional Corporation, was the guest. Finger and Finger is based in White Plains in Westchester County in New York State. The firm is Chief Counsel to The Building and Realty Institute (BRI). Topics covered during the show included: 1) A full definition of the act and when it became effective; 2) Why the mandate was created;...
info_outlineBuilding Knowledge
What Building Owners, Managers and Homeowners can expect regarding Energy Costs for the upcoming harsh weather of fall and winter was the topic of this episode of “Building Knowledge With The Building and Realty Institute (BRI).” Dan Singer, President of Robison - a well-known energy company that is based in Port Chester in Westchester County in New York State - was the guest. Dan was a regular guest on the former radio shows of The Building and Realty Institute (BRI). Topics discussed during the segment included: 1) Heating Oil Prices for Building Owners and Managers, and for Consumers,...
info_outlineBuilding Knowledge
This episode of “Building Knowledge With The Building and Realty Institute (BRI)” focused on the new rules affecting the residential real estate market. Christina DiMinno, an Associate Broker with Julia B. Fee Sotheby’s International Realty, was the guest. Christina DiMinno is with the Bronxville office of Julia B. Fee Sotheby’s International Realty in Westchester County in New York State. The topics that were discussed during the segment included: 1) The longtime guidelines for residential real estate that were commonly used prior to the recent implementation of the new rules that now...
info_outlineBuilding Knowledge
A certification program for members of the building, realty and construction industries, as well as for members of the general business community, was the topic of this segment of “Building Knowledge With The Building and Realty Institute (BRI).” The certification, which is provided by a company known as , results in businesses being designated as “a Certified B Corporation.” Casey Plasker, the Founder and Owner of Circularly, was this episode’s guest. She explained the significance of the certification and its importance to businesses. Other topics discussed on the segment included:...
info_outlineBuilding Knowledge
How to Deal With Troublesome Employees” was the topic of Episode 37 of “Building Knowledge With The Building and Realty Institute (BRI).” Matthew Persanis, Labor Counsel to the Building and Realty Institute (BRI), was the guest. Matthew Persanis is also a principal of Elefante and Persanis, LLP, a well-known law firm that is based in Eastchester in Westchester County in New York State. He is a regular guest on “Building Knowledge.” Topics covered during the segment included: 1) The importance of Employers documenting situations involving Troublesome Employees; 2) Processes involved...
info_outlineBuilding Knowledge
This segment of “Building Knowledge With The Building and Realty Institute (BRI)” reviewed some of the key topics affecting New York State Employers. Our guest was Matthew Persanis, Labor Counsel to the Building and Realty Institute (BRI), and a principal of Elefante and Persanis, LLP, a well-known law firm that is based in Eastchester in Westchester County in New York State. The topics discussed on the show included: 1) The mandate that requires all N.Y. State Employers to provide their Employees with Sexual Harassment Prevention Training on an annual basis; 2) The mandate stating that...
info_outlineBuilding Knowledge
Another analysis of frequently-asked questions from Boards of Directors of Co-ops and Condos on Co-op and Condo Procedures was the topic of this segment of “BuildingKnowledge With The Building and Realty Institute (BRI).” The questions for this episode are from inquiries that the Cooperative and Condominium Advisory Council (CCAC) of The Building and Realty Institute (BRI) receives on a regular basis. The topic was featured on Episode Five of our series. That episode received positive responses and produced requests for this segment. Daniel Finger, Esq., an attorney with Finger and Finger,...
info_outlineBuilding Knowledge
This segment of “Building Knowledge With The Building and Realty Institute (BRI)” focused on Key Marketing Tips for Businesses. How businesses should adjust their Marketing and Advertising Strategies if a Recession should hit was covered during the show. The program also thoroughly reviewed how businesses should adjust their Marketing and Advertising Processes during the upcoming Holiday Season. Michael Dardano, the principal of The Buzz Potential, a well-known Marketing and Public Relations company based in Tuckahoe in Westchester County in New York State, was the guest. Michael is a...
info_outlineBuilding Knowledge
What is currently happening with the economy, and what the current economic situation means to businesses and to individuals, were the topics covered in this episode of “Building Knowledge With The Building and Realty Institute (BRI).” Dr. Robert Goodman, a well-known Economic Analyst, was the guest. Dr. Goodman was a regular contributor to the former radio shows of the Building and Realty Institute (BRI). He is a former Consultant for Putnam Investments. While with Putnam, he was a member of the company's Business Advisory Group, a panel of experts on Economic, Business and Personal...
info_outlineSeveral members of the building and realty sectors are facing serious problems regarding financing. Accordingly, this segment of “Building Knowledge With The Building and Realty Institute (BRI)” featured a discussion on the current conditions of the Finance Sector and their effects on the building and realty industries. Russell Nova, the Principal of Cornerstone Capital of N.Y., was the guest. He thoroughly reviewed the major factors currently affecting those in the Commercial Real Estate Sector. There has been a great deal of recent coverage in the media regarding one-fifth, or $929 billion, of the $4.7 trillion of outstanding Commercial Mortgages held by U.S. lenders and investors coming due in 2024, according to the Mortgage Bankers Association’s (MBA)’s 2023 Commercial Real Estate (CRE) Survey of Loan Maturity Volumes. Some are saying the situation could cause a crisis in the U.S. Banking System. Russell Nova offered his views on the situation. He also issued his opinions on media reports that have said the situation means trouble for America’s small and medium-sized commercial banks and private mortgage lenders who are feeling the strain of America’s high interest-rate environment. The episode also featured 1) A look at what is currently happening with lending on specific property types; 2) What are currently the most popular Loan Products; and 3) Russell Nova’s outlook for the finance sector for the remainder of 2024, as well as for 2025.