Joseph Tahl: The New Reality of Condo Conversions

Today we sit down with Joseph Tahl, President and Co-Founder of Tahl Propp Equities.  Tahl Propp Equities is a privately held real estate investment, development and management company that specializes in affordable housing and retail in Harlem and Upper Manhattan.  Since its founding in 1997, the firm has amassed a portfolio of more than 4 million square feet in those neighborhoods.

The multifamily industry in NYC is still adapting to the new rent laws which were passed in mid 2019, and in the beginning of this episode you will see how emotional this topic is for owners and operators.  It really demonstrates the intertwined worlds of politics and business.   As the interview hits its stride, you will be impressed as Joe shares his breadth of knowledge about the state of the condo market, supply, and future environment for investors and tenants alike.   As a bonus, you will also hear some perspective about our current economic and real estate expansion, which is in its 10th year.

Hope you enjoy this episode!

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