Rochester, NY Passero Associates has been awarded a 2016 Top Workplaces honor by The Rochester Democrat and Chronicle. The Top Workplaces lists are based solely on the results of an employee feedback survey administered by WorkplaceDynamics, LLC, a leading research firm that specializes in organizational health and workplace improvement. Several aspects of workplace culture were measured, including alignment, execution, and connection, just to name a few.
Wayne Wegman, CEO of Passero said, “On behalf of the partners, I thank all of our employees for their continued support in making Passero Associates a Top Workplace and for helping us improve, grow and serve our clients with excellence.”
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,