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B6 CEO Paul J. Massey, Jr. on Politics and Real Estate (PODCAST)

The real estate executive and 2017 mayoral candidate talks about the interplay of the industry, civic issues and government.

NEW YORK CITY—One of the biggest challenges is the city’s dependency on its $93 million budget, and “we’re not putting aside adequate reserves,” says Paul J. Massey, Jr. “So, when big things happen in the economy, another recession, I think the city is underprepared and we’ll all suffer for that.”

Massey co-founded the brokerage Massey Knakal, which Cushman & Wakefield bought for $100 million in 2015. Last year, he started the real estate advisory firm B6. But in 2017, he was one of the contenders challenging Mayor Bill de Blasio. He visited ALM Media’s studio to discuss key issues of the city including its economy, housing, schools and public transportation—through a real estate lens.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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