
Manhattan, NY About 200 brokers, clients, employees and guests attended ABS Partners Real Estate evening event/party unveiling ABS’ extensive plans for 200 Park Ave. South and its other New York City properties.
A band and a singer, both from Carnegie Hall, provided the entertainment.
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,