Babylon, NY Eric Alexander of Vision Long Island; Michelle Marie Zere of Zere Real Estate Services; Devin Kulka of Kulka Construction; and Sloane Marcus of Marcus Organization attended recent town event.
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,