Peter Tuchman

speaker
483 appearances 9 recordings 1 series first heard Dec 2024 last heard Apr 2025

Peter Tuchman’s voice in public audio — every appearance, attributed to the second.

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Yeah, exactly.
Avenue A and all that. Right down the street on John Street. So what year was that?
You think about the Lower East Side in the 1970s. That's Andy Warhol, Basquiat, drugs, you know, storefronts, building fronts. I used to be able to walk down Avenue A and there was literally, there was just, it was just rats. There was nothing, the buildings weren't even there anymore. It was just the facade and people and bums living behind there, right?
And nobody had the vision, obviously your dad did. Nobody, if you asked anybody, we're not going to touch this with a 10-foot pole. This is going to be dead forever. There's no future to this neighborhood. And if you think about it now, it's like, why didn't I think of that? I could have, would have, should have. Like that mentality. So your father did that. Yeah. How amazing is that?
Yeah. You know, the Schenkers have chutzpah. Let's be clear about that.
There you go. Give me five on that one.
First in, first out, let's go. Life of FIFO, that's the way to go.
You got out of that deal. You got in, you got out. Let's move on. Let's go.
Commercial, for sure.
We think about that. Sorry to interrupt you, but we think about the whole real estate market. Think about just residential real estate, how it's marketed. I'm sure everybody who's watching this has watched some kind of a real estate show, whether it's million-dollar listings in New York or out west. I mean, you stage... an apartment, right, and you do it in a different way.
So residential is always way different than commercial. So you've taken the commercial thing to a whole nother level. I just want to talk about your confidence for a minute. Because that's something, risk first of all, confidence another thing. These are things you can't really teach somebody. I thrive on risk and it gives me confidence.
That ability, I started here on Wall Street in 1985, some people say 1885. But that sense of the adrenaline around this place, the excitement, The risk, the chaos, I thrived on that. For me, that was where I found my energy and I found my confidence. Some people shy away from that. Some people need to wake up, have a coffee, read the paper before they do. You seem to me like somebody more like me.
You come out of the gate, you're like a thoroughbred horse just running for it because you just know what you want. You found something you love to do. You'll never work a day in your life.
You're in the right place. This place embraced you from the minute you walked in it because of those qualities that you have.
We're gonna work on that.
So you're a humanist. See, that's how I look at it. You're talking about the deal, and the deal has a lot of all this chatter around it, but at the end of the day, it's two people talking about something.
The more you know about them, you sort of start to describe in the beginning of this interview about how you don't know where people are coming from and what this deal means to them, but the way to close the deal is about... getting into where they're at on this deal and making connection to them.
It's about trust, it's about confidence, and it's about them understanding that you have a vested interest in this being a good deal for everybody, right? You're able to walk away from the deal and everybody's satisfied.
And you've done that. So tell me, so the way you're approaching commercial real estate is obviously gotten the attention of Ryan and obviously gotten attention of the industry. And so you have this show, right? It's called?
Okay. So talk to me about that.
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