Rebecca Picciotto

speaker
144 appearances 7 recordings 2 series first heard Feb 2026 last heard 7 Aug

Rebecca Picciotto’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 7 in all, peaking in Jun 2026 with 3.

Appearances

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And public officials like it because it feels like a win-win.
They are addressing their dire housing shortages in their cities with the empty office space that's plaguing their downtowns and lingering from the pandemic shift to remote work.
Metroloft, the developer on the old Pfizer headquarters, is one of the most prolific office-to-residential conversion developers in New York City.
So for this to happen to their project raises a real question.
They were widening 15 of the top floors and adding a ton of extra weight to the building.
And that's ultimately what the developer says caused the structural damage.
A lot of investors and lenders are now
Rethinking the calculus on how complicated do we want to make this already complex real estate transformation?
Even if this is a freak accident, builder's insurance could become more expensive.
You might have lenders and investors requiring developers to provide more extensive safety reviews and safety assurances.
That could take extra time.
Debt might become less available.
So all of the momentum that was driving this office-to-apartment conversion boom could start to slow down.
The bill is generally something that the real estate industry likes.
You know, it sends a message to local leaders that you want to streamline regulations and make it easier to build.
The real estate industry broadly sees this bill as a victory.
So this final bill has more than 50 provisions aimed at making it easier to build more housing and...
one provision aimed at trying to keep private equity out of the housing market.
It's been nearly a year of back and forth, but what the two chambers have settled on has all of the same bills that the House passed in May, but it adds back some of the earlier Senate provisions that the House had removed.
So for example, this Build Now Act, which is a provision that essentially ties federal grant funding that a city gets to the amount of housing they produce.
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