Manhattan, NY On April 19th, 50 United Nations Plaza hosted over 100 Berkshire Hathaway Home Services sales agents from New York City, Westchester, Connecticut, and its Northeast offices in the 25th floor model apartments. The evening was also supported by Citibank and highlighted Sunshine Kids, a charity devoted to providing positive group activities and emotional support for young cancer patients.
Guests enjoyed sunset views in the model apartments designed by Gabellini & Shepherd.
50 United Nations Plaza is nearing the completion of sales of its 88 residences with available units from 1,132 square feet to the 10.000 square foot top floor duplex penthouse with its own private swimming pool.
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,