Manhattan, NY Ryan Serhant of Bravo’s “Million Dollar Listing” hosted Jewish National Fund-USA’s latest real estate event at the Ronald Lauder JNF House on the Upper East Side. The sold-out event featured local real estate players discussing how to approach growing industry headwinds while also expressing optimism for the medium-term. The panel also discussed the importance of philanthropy and how it fits into their overall strategy. All three panelist were given a Tree Certificate – a tree was planted in their honor in Israel for their participation in the 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,