

Queens, NY On July 12th, YMWREA hosted their 13th annual kayaking event. Starting in Long Island City, the group paddled their way down to Sunset Park in Brooklyn. Upon arrival, the group was welcomed by the Industry City team. After touring the office and retail complex, the group joined in on some team building activities while enjoying views of Manhattan.




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,