Manhattan, NY One of the most sought-after invitations during ICSC New York Deal Making was for the annual Newmark Knight Frank (NKF) and Cantor Commercial Real Estate (CCRE) party, held this year at Marquee New York. More than 1,200 industry leaders from the real estate and retail world gathered to celebrate another year with NKF/CCRE.
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,