Kenneth R. Gerrety Humanitarian Award
The Kenneth R. Gerrety Humanitarian Award was first given in 1989. It recognizes REBNY members’ outstanding service to the community. The award memorializes Kenneth Gerrety who served REBNY as Executive Vice President for 18 years.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,