New York, NY Am Law 100 firm POLSINELLI’s Dan Flanigan, managing partner of the firm’s New York office, (shown right - leaning in), along with Jeff Goldman (shown left of Flanigan) and Pat O’Bryan (pictured right of Flanigan), members of POLSINELLI’S Tax and Opportunity Zones Practice Groups, lead a roundtable discussion titled, “Opportunity Zones: What's Hype, What's Ripe,” at the iGlobal Forum Breakfast with Real Estate Titans Dealmaker meeting on December 19th in New York.
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,