Kloud Media LLC has leased 1,600 s/f of office space on the 4th floor at 130 West 25th St. Alfons Musry of JDF Realty represented both the landlord and the tenant.
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,