Ground Rules Podcast: Bryan Hurley on Inclusionary Air Rights and NYC Real Estate’s New Rules
Belkin Burden Goldman LLP has released a new episode of its Ground Rules podcast featuring Bryan Hurley, Senior Director at Cushman & Wakefield.
In the episode, Hurley discusses the forces shaping New York City’s real estate market, drawing on his work in investment sales and inclusionary air rights. The conversation explores how inclusionary air rights can support affordable housing preservation, the impact of 485-x on development sites and land values, and the challenges facing rent-stabilized multifamily properties.
Hurley also discusses the market for expiring 421-a properties, growing interest in office-to-residential conversions under 467-m, the potential implications of COPA, and how regulation, costs and market uncertainty are affecting transactions across the city.
