WATCH: Resi brokers get real at TRD forum

Some of NYC's top brokers discuss StreetEasy, concessions and where the market is heading

New York /
May.May 19, 2017 12:17 PM

The Real Deal’s tenth annual New York showcase and forum brought together the crème de la crème of the city’s real estate industry. The event kicked off with a head-to-head showdown between Pam Liebman and Howard Lorber, and continued with a fiery panel of developers, who tussled over local and federal politics–and the final panel of the day did not disappoint.

Some of the city’s top residential brokers gathered for a discussion moderated by TRD Editor-in-chief Stuart Elliott. The panel touched on price-slashing in the luxury market, the recent controversy surrounding StreetEasy’s new Premier Agent feature and more.

The first question was directed toward Leonard Steinberg, who was asked to respond to the disparaging comments made about Compass by Liebman and Lorber during the event’s first panel.

“Well, in two weeks time, I’ll be celebrating my third-year anniversary at Compass,” Steinberg said. “And I guess that is two-and-a-half years later than when the company was said to be going out of business back when I started.”

Also featured on the panel were Dolly Lenz, Leonard Steinberg, Brenda Powers and Richard Steinberg. Though he originally condemned the initiative, calling it “shocking” and “illegal,” the Nest Seekers International explained why he’s now singing a different tune about StreetEasy’s Premier Agent feature.

“I sat with StreetEasy, and explained my position and threatened them with more Instagram videos, and they said that they we’re going to make a change, and they did,” Serhant said.

Richard Steinberg, on the other hand, remained defiant.

“I work hard enough, I don’t want to be a policeman for these unethical brokers,” Richard Steinberg said. “Shouldn’t REBNY have to take it on?”

To watch the panel in full, check out the above video.

For more videos, visit The Real Deal’s YouTube page.


Related Articles

arrow_forward_ios
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)
For 15 years, David Koch lived at the world’s “richest building”
For 15 years, David Koch lived at the world’s “richest building”
366 State Street and 37 Sidney Place in Brooklyn (Corcoran, Zillow)
Passive house asking $15M tops Brooklyn contracts
Passive house asking $15M tops Brooklyn contracts
Serhant's Ryan Serhant and Jennifer Alese, 19 Park Place (Serhant, Ismael Leyva Architects, Illustration by Kevin Cifuentes for The Real Deal)
With zero units sold, Tribeca project turns to Serhant
With zero units sold, Tribeca project turns to Serhant
Betting the firm: Inside the changing business of residential brokerage
Betting the firm: Inside the changing business of residential brokerage
Betting the firm: Inside the changing business of residential brokerage
Ryan Serhant and new Hamptons office (SERHANT. Studios, iStock, Illustration by Kevin Cifuentes for The Real Deal)
Serhant establishes Hamptons outpost
Serhant establishes Hamptons outpost
Wall Street bonuses are booming, transforming the luxury market
Wall Street bonuses are booming, transforming the luxury market
Wall Street bonuses are booming, transforming the luxury market
Gregory Abbott and 1020 Fifth Avenue (Christies Real Estate, Getty, Streeteasy, Columbia University, Eden, Janine and Jim via Flickr)
College admissions scammer unloads $14M apartment
College admissions scammer unloads $14M apartment
(iStock)
New development activity spikes in February — even in Queens
New development activity spikes in February — even in Queens
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...