Manhattan, NY Barbara Byrne Denham, senior economist at Reis, Inc., addressed the B’nai B’rith Real Estate monthly luncheon meeting, held March 13th, at the Cornell Club. Her topic was “2019 Economic/Commercial Real Estate Overview.”
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,