Todd Korren of HSP
New York, NY On March 13th, the Young Men’s/Women’s Real Estate Association (YMWREA) hosted Toby Moskovits, founder and CEO of Heritage Equity as their guest speaker. Moskovits discussed the ten most important lessons and things she has learned in her career.
Rather than focusing on specific projects she has or is currently working on, Moskovits spoke of her transition into the real estate industry and her rise to becoming one of the most prolific and active developers in the Williamsburg and Bushwick neighborhoods of Brooklyn.
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,