New York, NY Hunton Andrews Kurth hosted more than 350 clients and friends at this year’s New York Real Estate Client Reception on October 3rd, with the industry’s best and brightest gathering at ABC Kitchen, the award-winning Jean-Georges Vongerichten restaurant, to enjoy an amazing spread of food and drink, lively conversation and deal making.
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,