Ground Rules: Behind the Scenes of Real Estate Law & Industry Leaders

Belkin · Burden · Goldman, LLP

Ground Rules takes you behind the scenes of the real estate industry, uncovering the stories that shaped its most influential players.  Hosted by Belkin Burden Goldman LLP. 

Episodes

  1. 2d ago

    Three Decades of Landlord Tenant Law with Martin Meltzer

    In this episode of Ground Rules, Belkin Burden Goldman LLP attorneys David Shamshovich and Camila Almeida sit down with BBG partner Martin “Marty” Meltzer to discuss a career spanning more than three decades of landlord-tenant litigation in New York City. Marty shares how he found his way from his family’s construction and restaurant businesses to law school and Housing Court, where he quickly learned the practical realities of litigating in one of New York’s most active and contentious forums. The conversation explores how Housing Court and landlord-tenant law have changed over the course of Marty’s career, including the impact of Right to Counsel, the Housing Stability and Tenant Protection Act (HSTPA), Good Cause Eviction, tenant screening restrictions, and lengthy court delays. Marty also shares memorable cases from decades in the courtroom, discusses the financial and human considerations surrounding eviction and nonpayment proceedings, and reflects on his work with supportive housing and his more than three decades at BBG. Show Notes & Topics: 01:14 – From Family Business to Housing Court Marty discusses working in his family’s construction and restaurant businesses, his path to law school, and learning landlord-tenant litigation by being sent to Housing Court almost immediately after beginning his legal career. 09:17 – How New York Housing Court Has Changed The impact of Right to Counsel, HSTPA and Good Cause Eviction on landlord-tenant practice, along with changes to the rent deposit process and the challenges property owners face in collecting unpaid rent. 17:17 – Tenant Screening and Preventing Problems How changes in the law have affected tenant screening and why careful review of rental applications remains important for owners and property managers. 22:10 – Navigating Good Cause Eviction The developing case law surrounding Good Cause Eviction, differing interpretations among courts, and the questions attorneys face when pursuing nonpayment and lease termination cases. 26:47 – Why Housing Court Cases Take So Long A look at the timeline of a typical nonpayment proceeding, from initial appearances and settlement efforts through trial, and how court delays can affect owners and tenants. 31:00 – Lessons and Stories from Decades in the Courtroom Marty shares memorable cases from his career involving unusual disputes, difficult litigants, fraud, forgery and the practical realities of pursuing judgments and recovering unpaid rent. 51:02 – The Human Side of Landlord-Tenant Law How Housing Court has evolved, why landlord-tenant disputes can become deeply personal, and the considerations attorneys encounter when housing and financial hardship intersect. 1:00:28 – Supportive and Affordable Housing Marty discusses his involvement with Housing and Services, Inc., the role of supportive housing, and some of the additional considerations that arise when nonpayment proceedings involve affordable or subsidized housing. 1:07:59 – More Than Three Decades at BBG Marty reflects on joining BBG in 1992, the colleagues who influenced his career, and the experiences and opportunities that have kept him at the firm for more than three decades.

  2. Oct 26

    Inclusionary Air Rights and NYC Real Estate’s New Rules with Bryan Hurley

    In this episode of Ground Rules, Belkin Burden Goldman LLP attorneys David Shamshovich and Camila Almeida sit down with Bryan Hurley, Senior Director at Cushman & Wakefield, to discuss the forces shaping New York City’s real estate market. Drawing on his work in investment sales and inclusionary air rights, Bryan shares what he is seeing from developers, owners and investors as they navigate a market increasingly influenced by new housing programs, changing regulations, higher costs and uncertainty. The conversation explores how inclusionary air rights help finance affordable housing preservation, the impact of 485-x on development sites and land values, and the challenges facing rent-stabilized multifamily properties. Bryan also discusses the market for expiring 421-a properties, growing demand for office-to-residential conversions under 467-m, the potential implications of COPA, and how current market conditions are affecting transactions. The discussion closes with a look at artificial intelligence and how brokers, attorneys and other real estate professionals are beginning to incorporate it into their work. Show Notes & Topics: 03:26 – Inclusionary Air Rights and Affordable Housing How off-site inclusionary air rights can help finance affordable housing preservation, the role of nonprofit housing organizations, and why the program also matters to market-rate development. 08:11 – City of Yes and Off-Site Affordable Housing How City of Yes changed the inclusionary housing landscape, along with the opportunities and challenges surrounding off-site Mandatory Inclusionary Housing. 13:59 – 485-x and the Development Market How the new tax exemption is influencing project size, development decisions and land values, including the prevalence of 99-unit projects and the economics of larger development sites. 21:00 – The Challenges Facing Rent-Stabilized Buildings Rising operating costs, restricted rent growth, aging buildings and why historical rent and improvement documentation can have a major impact on the value and sale of regulated multifamily properties. 29:05 – Who Is Buying Multifamily Today? The buyers pursuing rent-stabilized properties, the appeal of expiring 421-a buildings, and why long-term ownership and careful diligence are playing an increasingly important role in the market. 36:20 – The Office-to-Residential Conversion Market Why 467-m has increased interest in converting Class B and C office buildings to residential use, what makes a property a good candidate, and how conversions could reshape parts of Downtown and Midtown. 43:41 – COPA, Housing Supply and Market Uncertainty The potential impact of COPA, the broader challenges of increasing New York City’s housing supply, and how regulation, interest rates and uncertainty are affecting investment and transaction volume. 51:59 – AI in Real Estate How AI is finding its way into brokerage and legal work, where Bryan sees practical value, and why industry knowledge and relationships remain central to the business.

  3. Oct 13

    Building New York from East Harlem with Ed Poteat

    In this episode of Ground Rules, Belkin Burden Goldman LLP attorneys David Shamshovich and Camila Almeida sit down with Ed Poteat, founder and president of Carthage Advisors, to discuss his journey from growing up in East Harlem to becoming an affordable housing developer in New York City. After attending Yale and beginning his career in real estate investment banking, Ed returned to Harlem and eventually took the leap into development, acquiring some of his first buildings from the City for just one dollar each. The conversation explores how Ed built his business, the opportunities that helped a new generation of developers get started in the 1990s, and how the affordable housing landscape has changed since then. Ed also discusses raising capital, the challenges facing emerging developers, his work teaching affordable housing finance at Columbia, and what population and development trends can tell us about the health of cities. The discussion then turns to today’s market, including 485-x, City of Yes, zoning changes, and where Ed sees opportunities for the next generation to rethink how affordable housing gets built. Show Notes & Topics: 03:24 – From East Harlem to Real Estate Ed discusses growing up in East Harlem, attending Horace Mann and Yale, starting his career on Wall Street, and deciding to pursue real estate development. 07:27 – How the Business Began Starting a small real estate firm, leaving a full-time banking career, acquiring buildings from the City for one dollar each, and winning early affordable housing RFPs. 15:31 – Early Lessons in Development Ed looks back at his first major Harlem project, some unexpected challenges along the way, and why he remained committed to affordable housing. 19:57 – The Changing Affordable Housing Landscape How the industry shifted after the 2008 financial crisis, why access to capital became increasingly important, and how developers manage the financial risks of lengthy projects. 24:30 – Creating Opportunities for the Next Generation Ed reflects on his experience as a Black developer, the programs that helped emerging developers get started, and why raising capital is critical for those entering the business today. 29:30 – Why Cities Succeed or Fail Ed discusses teaching at Columbia, his interest in urban planning, and how population growth and decline can shape housing, investment, and the future of cities. 36:17 – 485-x, City of Yes and the State of Development A look at the 99-unit issue under 485-x, rising labor costs, zoning reform, City of Yes, and how current policies are affecting development economics. 42:40 – The Future of Affordable Housing The challenges of navigating multiple affordable housing programs, new opportunities created by zoning and density changes, and why Ed believes the next generation needs to find more creative ways to build affordable housing.

  4. Sep 2

    Navigating New York City Bureaucracy with Mark Hertz

    In this episode of Ground Rules, Belkin Burden Goldman LLP attorneys David Shamshovich and Brenda Slochowsky sit down with Mark Hertz, founder of The Mark Hertz Group, to discuss a career spent navigating New York City's regulatory and bureaucratic landscape. Since launching his business in 1988, Mark has helped property owners, developers, lenders, and managers tackle violations, compliance issues, permits, certificates of occupancy, and the often-complicated agency processes that shape real estate across the five boroughs. The conversation explores Mark's upbringing in a real estate family, how he built a business focused on solving regulatory problems, and what decades of working with city agencies have taught him about avoiding costly mistakes. Mark also shares stories from the field, discusses the evolution of New York City's compliance and enforcement environment, and explains why understanding the "ground rules" remains essential for anyone involved in New York real estate. Show Notes & Topics: 01:17 – Building a Career in New York Real Estate Mark discusses his family background, early exposure to property operations, and the start of his professional journey. 08:34 – Founding The Mark Hertz Group Identifying a niche in violation and compliance work and turning it into a growing business. 16:15 – The Value of an Expediter Why owners, developers, and lenders rely on experienced professionals to navigate city agencies and regulations. 24:30 – How Enforcement Has Evolved Technology, digital records, and increased oversight have changed the compliance landscape. 31:30 – Solving Complex Problems Stories involving decades-old filings, missing records, tenant access issues, and agency negotiations. 39:33 – Preventative Compliance How proactive planning can help owners avoid violations, fines, and costly delays. 47:57 – Violations, Lending, and Insurance The broader business consequences of compliance issues, from refinancing to insurance costs and property value.

  5. Aug 10

    The Development, Management, and Ownership Playbook with Joe Safdie

    In this episode of Ground Rules, Belkin Burden Goldman LLP attorneys David Shamshovich and Camila Almeida sit down with Joe Safdie, founder of JSAF Capital Management, to discuss a career path that spans nearly every corner of the real estate industry. From his start as a rental broker and construction contractor to building a vertically integrated platform that includes property management, development, brokerage, and ownership, Joe shares the lessons learned from growing a real estate business in New York City. The conversation explores entrepreneurship, rent stabilization, property management, affordable housing, assemblages, development under 421-a and 485-x, and the realities of operating in New York's complex regulatory environment. Joe discusses how he evaluates investment opportunities today, the evolution of Brooklyn development, the challenges facing housing production, and why long-term ownership remains at the core of his strategy. Show Notes & Topics: 01:38 – From Diamond Runner to Rental Broker Joe's upbringing, early jobs, and introduction to New York City real estate through apartment leasing and brokerage.07:13 – Going Out on His Own and Building a Construction Business Taking the leap into entrepreneurship, buying a first building, launching a construction company, and learning through trial and error.11:23 – Creating a Vertically Integrated Real Estate Platform Expanding into property management, environmental services, brokerage, ownership, and development across New York City.16:09 – Rent Stabilization, Regulation, and Changing Market Conditions How the investment landscape has evolved since the 2019 rent law changes and what Joe looks for in acquisitions today.21:24 – Development, Assemblages, and Building in Brooklyn Negotiating complex assemblages, pursuing ground-up development projects, and navigating MIH and affordable housing requirements.27:08 – Affordable Housing, 485-x, and Making the Numbers Work A candid discussion on prevailing wage requirements, development economics, and the challenges of creating new housing in New York City.32:11 – Long-Term Ownership, Investment Strategy, and What's Next Evaluating opportunities in today's market, managing risk, passing assets from generation to generation, and lessons for the next phase of growth.

  6. Jul 16

    The Business of Architecture with Eli Meltzer

    In this episode of Ground Rules, Belkin Burden Goldman LLP attorneys David Shamshovich and Brenda Slochowsky sit down with architect Eli Meltzer, principal of Meltzer Mandl Architects, to discuss architecture, affordable housing, zoning, and development in New York City. From his early days at Kohn Pedersen Fox and work on Hudson Yards to rebuilding his family’s architecture practice, Eli shares the experiences that shaped his approach to design and problem-solving. The conversation explores affordable housing development, HPD programs, City of Yes, UAP, MIH, and the practical challenges of maximizing development potential in an increasingly complex regulatory environment. Eli also discusses the growing role of AI in architecture, the value of social media as a professional tool, and how architects, attorneys, and developers work together to bring projects from concept to completion. Show Notes & Topics: 03:50 – Growing Up in New York and an Architectural Family Eli's upbringing in Manhattan and his father's influence on his career.13:45 – Learning the Business at KPF and Hudson Yards Early career lessons in design, precision, and problem-solving.20:30 – Rebuilding a Family Practice Restarting Meltzer Mandel Architects and developing a housing-focused practice.31:30 – Construction, Design, and Development Constraints The real-world factors that shape project feasibility.45:15 – Charter Reform, Rezoning, and the Future of Housing Development New opportunities and challenges in the land use process.52:00 – LinkedIn, Zoning Hacks, and Building a Professional Brand Using content creation to educate and connect with clients.1:04:00 – Lessons from the CAD Revolution and What's Next What AI can learn from architecture's transition to digital design.

  7. Apr 23

    Inside New York Loft Law with Michael Bobick

    In this episode of Ground Rules, partner and host David Shamshovich sits down with BBG partner Michael Bobick to unpack New York’s Loft Law, a complex and often misunderstood legal regime governing the conversion of former commercial and manufacturing buildings into residential use. Michael draws on his years of experience at the New York City Loft Board and in private practice to explain how the Loft Law originated, how the Loft Board functions, and what it means for owners and tenants navigating the legalization process. The conversation covers interim multiple dwellings, rent regulation, tenant protections, buyouts, and the realities of legalizing occupied buildings. David and Michael also discuss two significant proposed rule changes currently before the Loft Board, including revisions to primary residence determinations and new requirements tied to seven‑B compliance and certificates of occupancy. The episode offers insight into how these changes may affect owners, landlords, and practitioners, and why Loft Law remains one of the most consequential and evolving areas of New York real estate law. 03:55 – Origins and Purpose of the Loft Law Historical context behind the Loft Law, including artist live-work spaces, tenant advocacy, and legislative intent. 08:45 – What Qualifies as an Interim Multiple Dwelling (IMD) Coverage requirements, window-period occupancy, and how buildings become subject to the Loft Law. 13:50 – Legalization While Tenants Remain in Place How owners are required to legalize buildings around existing tenants, including relocation strategies and practical challenges. 19:30 – Tenant Protections, Rent Regulation, and Nonpayment Issues Statutory tenancies, rent freezes, and why rent collection becomes a central point of conflict during legalization. 26:10 – The Role of the Loft Board and OATH How hearings, determinations, reconsiderations, and Article 78 appeals function within the Loft Law framework. 33:40 – Buyouts, Deregulation, and Challenges to Loft Rights How loft buyouts work, why they are increasingly scrutinized, and how prior buyouts can be reopened. 40:55 – Transition from Public Service to Private Practice Michael’s move from the Loft Board to BBG and how that experience informs his current practice. 47:30 – Proposed Rule Changes Affecting Primary Residence Expansion of acceptable proof of primary residence and the implications for owners and tenants. 54:40 – Article 7B Compliance and Certificate of Occupancy Enforcement End of self-certification, CO timelines, escalating fines, and practical hurdles owners face. 1:04:25 – What Owners Should Be Doing Now Guidance on good-faith compliance, documenting efforts, and minimizing enforcement risk.

  8. Jan 14

    Foundations of Leadership with Jeff Goldman and Dan Altman

    In this inaugural episode of Ground Rules, partner and host David Shamshovich sits down with BBG’s co‑managing partners, Jeffrey L. Goldman and Daniel T. Altman, to explore the unwritten rules of real estate through the lens of their decades of experience. Jeff and Dan share how they found their paths into law and the evolution and growth of BBG under their leadership. They also break down how they’ve responded to market crises and legislative changes, discuss current topics front of mind for our clients including the new Mayor, COPA, and 881 agreements, and offer their insights into what drives BBG’s culture and strategy. Show Notes & Topics: 00:49 – How Jeff and Dan Got Their Start, and What Shaped Their Rise in the Industry Jeff and Dan share their paths to law school and entries into real estate law.05:10 – Litigation vs. Transactions: Control, Risk, and Client Strategy Key differences and overlap between courtroom advocacy and dealmaking.08:52 – The Growth of BBG: Market Cycles and Strategic Expansion Organic growth through economic shifts, and responding to client needs.16:43 – COVID’s Impact on Leasing and Tenant Relations Lease restructures, rent deferrals, force majeure disputes, and creative problem-solving.19:18 – New York Politics, COPA, and Regulatory Risk HSTPA, Mayor Mamdani, COPA, rent regulation, and market uncertainty.23:40 – Perceptions of Landlords and Policy Imbalance Debunking landlord stereotypes and discussing regulatory carve-outs for the city.25:22 – Lessons from 2019 Rent Laws and Court Delays Litigation uncertainty, judicial delays, and how BBG keeps clients informed in real time.30:14 – Market Trends: Office Leasing Activity, Hospitality and Development, and 881 Agreements Office recovery, restaurant growth, and continued NYC development momentum.37:59 – Legacy and Reflections on Leadership On mentorship, firm culture, growth, and tenure.

Ratings & Reviews

5
out of 5
2 Ratings

About

Ground Rules takes you behind the scenes of the real estate industry, uncovering the stories that shaped its most influential players.  Hosted by Belkin Burden Goldman LLP.