Larry identifies as a born yet recovered real estate developer. He used to manage more than 4 million square feet of real estate. He got into law because he likes negotiating and saw a venue that would fully allow him to channel his skill set. To do well in real estate, he says you have to start from the bottom and have a thirst to learn and succeed.
He loves North Brooklyn – Williamsburg, Bushwick, Greenpoint. They still have an edge, they’re up and coming and you can feel the energy. He still sees “chicken on the bone” there, if you buy right, which he says is a big if. He recommends checking out Lilia’s restaurant and cafe on Union Ave and North 10th. He’s amazed at how areas like Williamsburg and Dumbo and even Soho have changed so dramatically over the past few decades. People usually wouldn’t even want to touch those neighbors back in the 80s and even into the 90s. He sees a lot of change and development in these kinds of neighborhoods as starting with developers who see potential and are willing to invest, combined with various market conditions.
[00:02:00] Can you introduce yourself and tell us a bit about what you specialize in?
[00:02:50] How did you get into law?
[00:03:30] What advice would you give to someone starting out in your field?
[00:04:26] What’s your favorite rapper of all time?
[00:05:52] What’s your favorite area of Brooklyn?
[00:06:56] Do you have a favorite restaurant, café, or bar in Brooklyn?
[00:07:27] What are some of the biggest ways New York has changed over the past few decades?
[00:10:35] Does a neighborhood transformation start with the developer?
[00:13:10] What advice would you give someone looking to buy or sell property in Brooklyn right now?
[00:14:32] What neighborhoods in Brooklyn would you look to flip right now?
[00:15:22] What advice would you give to someone looking for an attorney to represent them?
[00:17:00] If you could go back to the beginning of your career and do something different, what would it be?
[00:19:25] Based on your experience on market cycles, where do you see the market over the next 5 years?