Ethan Forrest

Forrest Homes - Real Estate Advisor

[Ethan Forrest @ethan_forrest]

@cons505 Charles would like to go golfing

[Ethan Forrest @ethan_forrest]

@cons505 Charles is very sad about this

[Ethan Forrest @ethan_forrest]

@cons505 Any pics?

[StripMallGuy @realEstateTrent]

Trust me, that parent with the crying baby on the plane is 10x more annoyed and stressed out than you are

[Bob Knakal | NYC Investment Sales @BobKnakal]

NYC Multifamily Brokerage: RIP?

The City Council just dropped a bomb on the multifamily market. Preliminary legislation passed that would require owners to offer Community Groups and tenants essentially a right of first offer and first right of refusal and give them six months to decide. SIX months. That means even if a deal is ready to go, you’re stuck. Best case scenario? You close in seven months... maybe.

This preliminary policy could be the death knell for multifamily investment sales as we know it in New York City. You’re no longer selling real estate. You’re selling a stack of paper, red tape, and wait time.

This new rule, if passed, will make apartment building sales in NYC feel like going through the ULURP process but with none of the upside. The New York multifamily market, once the crown jewel of multifamily brokerage, has been systematically dismantled since HSTPA passed in 2019. These changes significantly restricted an owners rights and created a massive disincentive for the private sector to invest in the housing stock. This has led to lower quality of life for tenants as buildings fall into states of disrepair.

On the bright side, I’m thankful every day that I shifted focus to land, air rights, conversions, and redevelopment opportunities. That’s where the real action (and upside) still lives.

This law could also torpedo the office-to-resi conversion pipeline. The 467M abatements are so compelling that we have 57 office to resi conversions going on totalling 23.7 million square feet, but you have to build rentals to get the abatement. If so, NYC's housing crisis is about to get worse, not better.

And what tenant group is not going to want to look at the property information? A tsunami of overcharge complaints will be the result.

We’ll keep tracking this, but folks, this is one to watch. If it becomes law, the NYC multifamily market is going to need a full-on reinvention.

Stay tuned.

[Ethan Forrest @ethan_forrest]

The first units at Whitman Acres are progressing well! The second floor of Building #5 is being framed now. There is plenty of time to make selections and completely customize your home for a March 2026 move-in! Learn more at https://t.co/uYAVyJoHZx

[Benny Johnson @bennyjohnson]

TUCKER CARLSON: "This is the most unbelievable thing I think I've ever seen. Whatever happens next in America? I hope it's in THIS direction. God is here. You can feel it. Charlie would've loved this."

[Ryan Leachman @RG_Leachman]

My dad is taking care of a neighbors property as they’re out of town . He asked me to use AI to add a homeless camp to a picture of the property so he can send to them. This is an example of one of the real use cases for AI

[The Patriot Oasis™ @ThePatriotOasis]

🚨BREAKING: Erika Kirk has a MESSAGE for ALL of the MEN around the world watching.

"To all of the men watching around the world, accept Charlie's challenge, and embrace true manhood."

"Be strong and courageous for your families. Love your wives and lead them. Love your children and protect them. Be the spiritual head of your home. But please be a leader worth following."

"Your wife is not your servant. Your wife is not your employee. Your wife is not your slave. She is your helper. You are not rivals. You are one flesh working together for the glory of god."

[David Sacks @DavidSacks]

My friend Charlie Kirk was the best of America. A self-made man, a young husband and father, and a patriot, he was relentlessly positive about the future. He dedicated his life to making a difference with young people, drawing huge crowds everywhere he went. He was open to ideas and willing to debate anyone. That good-natured openness is what got him killed by an intolerant lunatic. Charlie was winning the debate, and for that, he had to be silenced, permanently. Our thoughts and prayers are with his wife Erika and his family.

[Steak 'n Shake @SteaknShake]

Sometimes, people want to change things just to put their own personality on things. At CB, their goal is to just delete the personality altogether. Hence, the elimination of the "old-timer" from the signage. Heritage is what got Cracker Barrel this far, and now the CEO wants to just scrape it all away.

At Steak n Shake, we take pride in our history, our families, and American values. All are welcome. We will never market ourselves away from our past in a cheap effort to gain the approval of trend seekers.

[Kyle Porter @KylePorterNS]

So perfect from @nike.

[▼ Kiel James Patrick @KJP]

Happy Fourth of July from the Ocean State 🇺🇸⚓️

[Vlad @VladTheInflator]

Call off the sale Jeff

[Colin Ushkowitz @colinushkowitz]

Why do people with zero sales skills think becoming a real estate agent is the move?

[Chamath Palihapitiya @chamath]

We launched our ultra premium tequila today in LA at Delilah’s.

[Vlad @VladTheInflator]

LMFAO

[Chidanand Tripathi @thetripathi58]

Ever heard of the PayPal Mafia?

They built PayPal. Then they built everything else.

After leaving PayPal, many of them went on to build some of the largest companies we now know.

Here's the list 🧵

[Anna Lulis @annamlulis]

Wow.

Press Secretary Karoline Leavitt brought her baby to the Oval Office—humanizing children in front of the most powerful people in the world.

Children aren’t burdens; they’re the future.