New York, NY Members from the Young Men’s/Women’s Real Estate Association of New York participated in the organization’s annual Habitat for Humanity Volunteer day. This year, members painted a community center in East New York.
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,