
Rochester, NY Eight Rochester Area Chapter (RAC) of NYSCAR members took part in a RAC NYSCAR Volunteer Build Day for the Greater Rochester Habitat for Humanity on September 18.
RAC NYSCAR salute its members who chose to take a day off from their busy schedules to use their valuable time to make a tangible and lasting impact for those in our community who need assistance and access to affordable housing.
Thank you Brenee Bunce, Justin Merriam, Michael Quinn, Alex Amorese, Tom Latta, Pete Gillett, TJ Cashette, Scott Sydelnik and, of course, their onsite Habitat Volunteer manager!
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,