New York, NY On July 19, National Standard Abstract title-insurance honored six individuals for their contributions to the advancement of affordable housing in the NYC area. The event was held at the Allegria Hotel in Long Beach.
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,