Shown above (from left) are: Stuart Eisenberg of BDO, Robert Shapiro of Newmark Knight Grubb Frank, Lydia Sklar of Sklar Realty Group, Paul Massey, Jeff Mitzner of First American Title Insurance, Dana Moskowitz of EVO Real Estate Group, and Gerald Morganstern of Goetz Fitzpatrick.
New York, NY Mayoral Candidate Paul Massey addressed the B’nai B’rith Real Estate luncheon, May 10 at The Cornell Club. His topic was “The Current State of New York City.”
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,