![ABA Banking Journal Podcast show](https://d3dthqtvwic6y7.cloudfront.net/podcast-covers/000/078/853/small/aba-newsbytes-podcast.jpg)
Summary: Joe Ficalora of New York Community Bank discusses NYCB's unique (and conservative) real estate business model of lending to rent-stabilized, non-luxury building owners, its long-standing strategy of growing through acquisitions and balance sheet restructurings and how the Dodd-Frank Act's arbitrary $50 billion asset threshold for "systemically important" status has limited NYCB's ability to grow. Listen to this week's podcast to hear about a distinctive corner of the banking industry.