Manhattan, NY On November 13th, YMWREA hosted Isaac Zion, co-chief investment officer of SL Green, as their guest speaker. Zion discussed his career path into commercial real estate, how he landed at SL Green, his view on the market and the complexities of putting together deals that lead to the development of One Vanderbilt.
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,