February 8, 2024· 37 min

NY Community Bancorp's Problems in the Rent-Stabilized Market

Orality
Model
81%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(2,137 words)
M:93%
HostTracy Alloway(1,197 words)
M:29%
GuestBen Carlos Thypin(3,145 words)
M:28%

Oral Indicators

Agonistic38%
obviously, basically, incredible
Engagement49%
you, our, your
Memory Aids100%
listen, now, right
Repetition100%
like (85x), know (69x), rent (58x)
Parallelism95%
And now here is our episode on..., And I'm Tracy Alloway...., And then recently, I think jus...
Sound Patterns60%
43 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases6%
you know what, i mean

Literate Indicators

Hedging7%
perhaps, maybe, may
Passive Voice7%
was interested, be deregulated, be raised
Abstract Nouns29%
investment, conversation, community
Subordination10%
since, because, until
Sentence Length47%
Avg: 16.6 words/sentence
Word Complexity49%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style51%
354 personal pronouns found
Descriptive Style100%
obviously, recently, basically

Description

The last week saw a major plunge in shares of New York Community Bancorp after the company revealed challenges in its lending to multi-family residential developers. So what went wrong at this bank? And what does it say about this particular market? On this episode we speak with Quantierra CEO Ben Carlos Thypin, a New York City landlord and investor, about the bank's large role within NYC's rent-stabilized housing market. Over the last year, Ben has advised funds to short NYCB based on its exposure to this complex corner of real estate. He explains how NYCB's position, combined with market and regulatory changes to the city's housing market, contributed to the strains. See omnystudio.com/listener for privacy information.