The Mark Simone show on 710 W0R.

In for Mark today, here's Ken Rosado.

And good to be with you on a Friday.

Straight to our busy phones.

We go to our friend Vincent in Brooklyn.

Good morning, Vincent.

Can you hear me?

I sure can.

Okay, Ken, I heard real estate expert that you just had on your show.

Ken, me and my family have been in the real estate business for 95 years in New York City. There wasn't, at one time,

there wasn't a neighborhood where my grandfather owned or owned in the past a house. He bought

his first apartment building two weeks before the Great Depression.

One of the biggest drivers of the high rents in New York City is you can't have 20 million

immigrants come into this country and a lot of them are going to the big blue cities like

New York, Chicago, L.A., Boston. Boston. a lot of them are going to the big blue cities like new york chicago l a boston

day also apartments they used to be let's say marginal let's say apartments that they were like

let's put it this way they would be considered apartments. There would be a department that you

rented when you first got out of school or you first got married or whatever, and then

you'd work your way up. Now, those apartments are considered high-end. The people are not

building new buildings here because of all the regulations. Every month, there's a new

regulation I have to comply with. The newest one was a number of years ago, about 10 years ago,

there was the lead paint certification, right? Okay. You had a, you had, when you entered

...