Coffee & Cap Rates: Commercial Real Estate Podcast
Business & Finance
About
The Coffee & Cap Rates Podcast delivers the latest insights on New York City’s commercial real estate market. Hosted by Ariel Property Advisors, it offers expert analysis, market trends, and timely conversations with industry leaders.
Episodes
- 125. NYC Multifamily at a Crossroads | Kenny Burgos on Rent Stabilization, HSTPA & Housing Policy
In episode 125, Shimon Shkury and Kenny Burgos discuss the New York City multifamily housing market, focusing on the impact of the HSTPA on rent-stabilized housing, including operating costs and financing.
- 124. NYC Multifamily Q1 2026: Free Market Strength, Rent-Stabilized Pressure & Lending Liquidity featuring Victor Sozio & Matthew Dzbanek
Victor Sozio and Matthew Dzbanek discuss the NYC multifamily market in Q1 2026, noting $2.4 billion in transaction volume, up 7% year-over-year. Free market assets showed momentum, while rent-stabilized properties faced challenges. Lending…
- 123. Bronx CRE 2025: Rising Development & Multifamily Opportunities featuring Jason M. Gold & Daniel Mahfar
Shimon Shkury, Jason Gold, and Daniel Mahfar discuss Bronx commercial real estate trends for 2025, noting a $1.8 billion market increase driven by multifamily and development growth. They cover pricing, challenges, and the impact of tax ab…
- 122. Manhattan CRE 2025: Investment Sales, Development Momentum & Market Outlook featuring Michael A. Tortorici, Christoffer Brodhead & Howard Raber
This episode of Coffee & Cap Rates features Michael A. Tortorici, Christoffer Brodhead, and Howard Raber discussing Manhattan's 2025 commercial real estate investment sales market. They analyze trends from Ariel Property Advisors' report,…
- 121. Brooklyn CRE 2025: Sales Trends, Development Growth & Market Insights featuring Sean R. Kelly & Stephen Vorvolakos
Shimon Shkury, Sean R. Kelly, and Stephen Vorvolakos discuss Brooklyn's 2025 commercial real estate market trends based on the Ariel Property Advisors report. The market recorded $6.66 billion in sales across 951 transactions, with the dev…
- 120. NYC Multifamily 2025: Valuations, Policy Pressure & Liquidity Ahead featuring Victor Sozio & Matt Swerdlow
Shimon Shkury, President and Founder of Ariel Property Advisors, Victor Sozio, Founding Partner, and Matt Swerdlow, Senior Director in the Capital Services Group, discuss New York City’s multifamily market and the findings of Ariel Propert…
- 119. Celebrating 15 Years of Ariel Property Advisors in CRE with Shimon Shkury & Roxanne Donovan
To celebrate 15 years of Ariel Property Advisors , President & Founder Shimon Shkury sits down with Roxanne Donovan , President of Great Ink, for an exclusive conversation about the firm’s journey in New York City’s commercial real estate…
- 118. Shimon Shkury on NYC Real Estate Momentum: Office, Development & Multifamily
Shimon Shkury, President and Founder of Ariel Property Advisors, provides an in-depth overview of New York City’s office, development, and multifamily markets. This presentation, “Behind the Sales: What’s Fueling Investment in NYC Real Est…
- 117. Brooklyn’s Path Forward: Key CRE Market Insights from Industry Experts
Ariel Property Advisors, together with Cozen O'Connor, recently hosted State of the Brooklyn Real Estate Market: What’s Ahead? —an exclusive commercial real estate trends conference and networking breakfast held on November 13. This discus…
- 116. NYC Multifamily Q3 2025 Market Update – Free Market, Rent-Stabilized & Affordable Housing featuring Victor Sozio & Ben Schlegel
Shimon Shkury, President and Founder of Ariel Property Advisors, Victor Sozio, Founding Partner, and Ben Schlegel, Director in the Capital Services Group, discuss New York City’s multifamily market and the findings of Ariel Property Adviso…
- 115. Midtown South Rezoning & the Future of the Garment District featuring Barbara Blair & Howard Raber
In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Barbara Blair, President of the Garment District Alliance, and Howard Raber, a Director in Investment Sales at Ariel, unpack the recently appr…
- 114. Brooklyn CRE 2025: Small Buildings, Big Deals featuring Sean R. Kelly, Esq. & Stephen Vorvolakos
Join Shimon Shkury, President and Founder of Ariel Property Advisors, Partner Sean R. Kelly, Esq., and Director Stephen Vorvolakos, for an in-depth discussion of the state of Brooklyn's commercial real estate market. They analyze the marke…
- 113. Inside the Bronx CRE Market: $1.07B and Growing featuring Jason M. Gold & Daniel Mahfar
In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses Ariel’s Bronx 2025 Mid-Year Commercial Real Estate Trends report with the Bronx market experts Senior Director Jason Gold and…
- 112. What’s Driving Manhattan’s $7B CRE Market? featuring Michael A. Tortorici, Christoffer Brodhead, & Howard Raber
Shimon Shkury, President and Founder of Ariel Property Advisors, Mike Tortorici, Founding Partner, Chris Brodhead, Senior Director, and Howard Raber, Director, unpack the findings of Ariel's Manhattan 2025 Mid- Year Commercial Real Estate…
- 111. NYC CRE Multifamily Trends: Affordable & Rent-Stabilized Assets in Focus featuring Victor Sozio & Matthew Dzbanek
In this episode, Shimon Shkury, President and Founder of Ariel Property Advisors, reviews the latest trends in New York City’s multifamily market with Victor Sozio, Ariel Founding Partner, and Matthew Dzbanek, Senior Director in Capital Se…
- 110. Investing Through Change in NYC CRE | Coffee & Cap Rates Panel (July 2025)
Ariel Property Advisors hosted its summer Coffee and Cap Rates event on July 30th, sharing the latest trends in New York City’s investment sales market. Over 250 NYC real estate professionals gathered for this live networking breakfast at…
- 109. NYC’s Investment Sales Market Overview by Shimon Shkury | Coffee & Cap Rates July 2025
Ariel Property Advisors hosted its summer Coffee and Cap Rates event on July 30th, sharing the latest trends in New York City’s investment sales market. Over 250 NYC real estate professionals gathered for this live networking breakfast at…
- 108. Unpacking the Future of Gowanus with Charney's Justin Pelsinger & Ariel's Sean R. Kelly
In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, and Ariel Partner, Sean R. Kelly, Esq., interview Justin Pelsinger , COO of Charney Companies , who will be one of the panelists at Ari…
- 107. Bronx 2024 Year-End Commercial Real Estate Trends featuring Jason M. Gold and Daniel Mahfar
In this episode of Coffee & Cap Rates , Shimon Shkury, President and Founder of Ariel Property Advisors, explores key trends in the Bronx commercial real estate market with Senior Director Jason Gold and Director Daniel Mahfar. According t…
- 106. Brooklyn 2024 Year-End Commercial Real Estate Trends featuring Sean R. Kelly and Stephen Vorvolakos
In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses Ariel’s Brooklyn 2024 Year-End Commercial Real Estate Trends report with Brooklyn experts Partner Sean R. Kelly, Esq., and Director Stephen Vorvola…
- 105. Manhattan 2024 Year-End Commercial Real Estate Trends featuring Michael A. Tortorici, Chris Brodhead, and Howard Raber
In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Ariel’s Manhattan experts Michael Tortorici, Founding Partner; Chris Brodhead, Senior Director, and Howard Raber, Director, about the Manhattan ma…
- 104. 2024 Multifamily Year in Review featuring Victor Sozio & Matt Swerdlow
Join Shimon Shkury, President and Founder of Ariel Property Advisors, as he delves into Ariel’s 2024 Multifamily Research Report with Founding Partner Victor Sozio and Senior Director of Capital Services Matt Swerdlow. In 2024, New York Ci…
- 103. Coffee & Cap Rates February 2025 Panel Discussion featuring Ralph Bumbaca, Eli S. Weiss, Tell Metzger, and Brendan McBride
This podcast is a recording of the panel Ralph Bumbaca, Regional President – Metro New York for TD Bank , moderated at Ariel's February 5th Coffee & Cap Rates event hosted by TD Bank. The panel of affordable housing experts Eli S. Weiss, P…
- 102. Coffee & Cap Rates February 2025 Market Presentation: Investment Trends in NYC CRE's Market
This podcast is a recording of the overview of the New York City investment sales market and key insights from Ariel Property Advisor’s newly released end-of-year research reports that Shimon Shkury, Ariel’s President and Founder, presente…
- 101. Challenges Facing the Rent Stabilized Market featuring Kenny Burgos & Matt Engel
In his latest podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, explored the challenges facing owners of rent stabilized buildings with guests Kenny Burgos, CEO of New York Apartment Association, a landlord group cr…
- 100. How the City of Yes Will Unlock Value and Create More Housing featuring Michael A. Tortorici & Sean R. Kelly
Shimon Shkury, President and Founder of Ariel Property Advisors, Michael Tortorici, Founding Partner, and Sean R. Kelly, Esq. Partner, discuss highlights from the recently approved City of Yes for Housing Opportunity plan, which will add m…
- 99. Q3 2024 New York City Multifamily Quarter in Review Featuring Victor Sozio & Matthew Dzbanek
Shimon Shkury, President and Founder of Ariel Property Advisors, Victor Sozio, Founding Partner, and Matt Dzbanek, Senior Director in Capital Markets, explore trends in the multifamily market and discuss Ariel’s Q3 2024 Multifamily Quarter…
- 98. Manhattan 2024 Mid-Year Commercial Real Estate Trends featuring Michael A. Tortorici, Chris Brodhead, and Howard Raber
In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Ariel’s Manhattan experts Michael Tortorici, Founding Partner; Chris Brodhead, Senior Director, and Howard Raber, Director, about what they’re see…
- 97. Coffee & Cap Rates July 2024 Panel Discussion featuring Ralph Bumbaca, Christopher V. Albanese, and Jasper Wu
This podcast is a recording of the panel Shimon Shkury, President and Founder of Ariel Property Advisors, moderated at Ariel’s July 31st Coffee & Cap Rates event hosted by TD Bank. Sharing their perspectives on the commercial real estate i…
- 96. Brooklyn 2024 Mid-Year Commercial Real Estate Trends featuring Sean R. Kelly and Stephen Vorvolakos
In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses Ariel’s Brooklyn 2024 Mid-Year Commercial Real Estate Trends report with Brooklyn experts Partner Sean R. Kelly, Esq., and Director Stephen Vorvola…
- 95. Coffee & Cap Rates July 2024 Market Presentation: Visions for Future Growth in NYC Commercial Real Estate
This podcast is a recording of the overview of the New York City investment sales market and key findings from Ariel Property Advisor’s mid-year research reports that Shimon Shkury, Ariel’s President and Founder, presented at the firm’s Ju…
- 94. Bronx 2024 Mid-Year Commercial Real Estate Trends featuring Jason M. Gold and Daniel Mahfar
In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses the findings in Ariel’s Mid-Year Bronx report with Jason Gold, Senior Director, and Daniel Mahfar, Director. Overall, the dollar volume of investme…
- 93. Q2 2024 New York City Multifamily Quarter in Review featuring Victor Sozio and Matt Swerdlow
Shimon Shkury, President and Founder of Ariel Property Advisors, discusses Ariel’s latest multifamily research report with Victor Sozio, Founding Partner, and Matt Swerdlow, Senior Director in Capital Markets. Mortgage maturities were one…
- 92. Financing Options Available to CRE Borrowers featuring Ben Schlegel
On this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, and Ben Schlegel, Director of Capital Services at Ariel, discuss financing options in today’s commercial real estate market. Schlegel notes that despite high…
- 91. Challenges Facing Rent Stabilized Buildings featuring Jay Martin and Matt Engel
On this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses the overall financial health of rent stabilized buildings in New York City with Jay Martin, Executive Director of the Community Housing Improvement…
- 90. Unpacking NY State’s New Housing Policy featuring Victor Sozio, Michael A. Tortorici, and Sean R. Kelly
In this roundtable discussion, Shimon Shkury, President and Founder of Ariel Property Advisors, and his Partners Victor Sozio, Michael A. Tortorici and Sean R. Kelly unpack the new housing policy included in the New York State FY 2025 Budg…
- 89. Manhattan 2023 Year-End Commercial Real Estate Trends featuring Michael A. Tortorici and Howard Raber
Manhattan saw $11.1 billion in investment property sales in 2023, a 45% drop from 2022, and 280 transactions, a 33% year-over-year decline, according to Ariel Property Advisors’ Manhattan 2023 Year-End Commercial Real Estate Trends report.…
- 88. Brooklyn 2023 Year-End Commercial Real Estate Trends featuring Sean R. Kelly and Stephen Vorvolakos
Brooklyn finished 2023 with investment sales totaling $5.15 billion, a 46% decline from the record-breaking 2022, which saw dollar volume top $9.5 billion, according to Ariel Property Advisors’ Brooklyn 2023 Year-End Commercial Real Estate…
- 87. Bronx 2023 Year-End Commercial Real Estate Trends featuring Jason M. Gold and Daniel Mahfar
In 2023, the Bronx investment sales market saw $1.82 billion trade across 216 transactions, down 22% and 29% respectively, compared to 2022, according to Ariel Property Advisors’ Bronx 2023 Year-End Commercial Real Estate Trends report. In…
- 86. Coffee & Cap Rates February 2024 Panel Discussion Featuring Margaret B. Grossman, Richard Roberts, and Jesse Terry
At Ariel Property Advisors’ latest Coffee & Cap Rates event on February 7, Shimon Shkury , President and Founder of Ariel Property Advisors , moderated a panel of industry experts who shared their perspectives on the commercial real estate…
- 85. Coffee & Cap Rates February 2024 Market Presentation: Finding Value in NYC Commercial Real Estate in 2024
At Ariel Property Advisors' latest Coffee & Cap Rates event, Shimon Shkury, President and Founder of Ariel Property Advisors , presented an overview of New York City's investment sales market in 2023 as well as key findings from the firm's…
- 84. Multifamily Year in Review 2023 featuring Victor Sozio & Matt Dzbanek
Ariel Property Advisors’ Victor Sozio, Founding Partner, and Matt Dzbanek, Senior Director, Capital Markets, join Shimon Shkury, President and Founder, for this discussion on how high interest rates, regulations and bank failures contribut…
- 11/6/2023: Episode 83 - Q3 2023 New York City Multifamily Quarter in Review Featuring Victor Sozio & Matt Swerdlow
Multifamily sales in New York City totaled $1.55 billion in Q3 2023, a 56% decline in dollar volume from Q2 2023, according to Ariel Property Advisors’ Q3 2023 Multifamily Quarter in Review . Shimon Shkury, President and Founder of Ariel P…
- 10/11/2023: Episode 82 - Rent Stabilization: Update on Legal and Legislative Challenges with Jay Martin
On this episode, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Jay Martin, the Executive Director of the Community Housing Improvement Program (CHIP), a trade association representing 4,000 owners of rent-stab…
- 9/8/2023: Episode 81: Trends in New York City's Life Sciences and Multifamily Sectors With Chris Balestra, President and Chief Investment Officer of Taconic Partners
In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Chris Balestra, President and Chief Investment Officer of Taconic Partners, about how and why the firm began offering office space to life science…
- 8/23/2023: Episode 80: Queens 2023 Mid-Year Commercial Real Estate Trends Featuring Shimon Shkury, Sean R. Kelly and Alexander Taic
The Queens investment sales market experienced significant improvement in 1H 2023 compared to 2H 2022 resulting in a 39% increase in dollar volume to $2 billion, of which one-third was in the development asset class, which jumped 78% half-…
- 8/15/2023: Episode 79: Q2 2023 New York City Multifamily Quarter in Review Featuring Victor Sozio & Matt Dzbanek
Multifamily real estate sales in New York City experienced a significant 242% increase in total dollar volume during the second quarter compared to the first quarter with 295 transactions totaling $3.91 billion, according to Ariel Property…
- 8/10/2023: Episode 78: Bronx 2023 Mid-Year Commercial Real Estate Trends Featuring Shimon Shkury, Jason Gold and Daniel Mahfar
Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Jason Gold, Senior Director, and Daniel Mahfar, Director, who specialize in investment property sales in the Bronx, discuss the findings in Ariel’s latest rese…
- 8/9/2023: Episode 77: Brooklyn 2023 Mid-Year Commercial Real Estate Trends Featuring Shimon Shkury, Sean Kelly and Stephen Vorvolakos
How are commercial real estate investors looking at the Brooklyn market today? In this episode of Coffee & Cap Rates, Brooklyn specialists Sean R. Kelly, Esq., a Partner at Ariel Property Advisors, and Stephen Vorvolakos, Director, share t…
- 8/9/2023: Episode 76: Manhattan 2023 Mid-Year Commercial Real Estate Trends Featuring Shimon Shkury, Michael Tortorici and Howard Raber
What are the latest trends in Manhattan's commercial real estate market? In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses how the borough's assets performed in 1H 2023 with Manhattan experts Micha…