New York, NY Steven Schleider, MAI, RICS, LEED-AP BD+C, president of Metropolitan Valuation Services, accepts his firm’s 8th consecutive recognition as Education Sponsor of the Metropolitan New York Chapter of the Appraisal Institute from Alice Palmisano, SRA, JP Morgan Chase Bank. The sponsorship supports the Chapter’s ability to present monthly courses for those seeking to become appraisers or to advance their career.
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,