Matthew Baron, Founder and President of Baron Property Group, dives into the dynamic real estate markets of NYC and Miami. With over 30 years of experience, he shares his journey from his first deal to pivoting into hotel development amid crises. The discussion covers risk mitigation strategies, the evolution of Long Island City, and the importance of location in attracting residents. He also highlights the challenges of navigating union labor in NYC while transitioning to the Miami market, emphasizing the value of local partnerships and long-term ownership.