Hauppauge, NY Richard Cohen, president of Ashlind Properties consummated a lease transaction between landlord Maltz Properties Corp. and tenant Triple Crown Warehouse for a 10,860 s/f facility located at 32 Ranick Rd. for warehousing and distribution.
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,