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Seth Weissman, John Catsimatidis, Mayor Eric Adams (Getty)
Here’s a roundup of prescient, colorful, sober, or just plain interesting quotes from the past week across the real estate industry.
“If they try to suck our blood, make my day.” John Katsimatidis, after claiming to have abandoned the store.
“They’re not saying, ‘It’s not in my backyard.’ They’re saying, ‘Build it in my backyard.’ Hats off to them.” We spoke with local councilors Eric Botcher and Keith Powers, who supported plans to rezoning Midtown to meet the mayor’s goal of adding 500,000 homes.
“I often feel like I need to take a shower after leaving a room full of moneylenders,” said Seth Weissman, whose company, Urban Standard Capital, is raising $100 million in funding. after starting a new venture in
“There aren’t as many people coming now, but the food is still really good.” Blackstone president Jonathan Gray likens BREIT to a great restaurant in low demand.
“Ambitious pricing is a waste of time. Realistic prices close deals.” Corcoran’s Ernie Selvey in the Hamptons and Northfork housing markets.
“Other companies operating more efficient, lower-cost operating models are not under pressure to make significant cuts and may be better suited to invest in future growth.” Residential real estate analyst Mike Delprete is one of the least efficient publicly traded home brokerage firms at Compass and Anywhere.
“My husband may consider himself a real estate ‘mogul’, but he is not the mogul in this affair. This comes from a motion Yannina Sapir filed in Florida to pursue divorce from her husband and developer girlfriend Alex Sapir.
“Everyone will know everything.” Gparency’s Ira Zlotowitz on the potential impact of ChatGPT on commercial real estate
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