Amityville, NY Zere Real Estate Services, Sancus Insurance, and Investors Bank sponsored a business event held at Club 121 on November 15th. All event proceeds were donated to Specialized Autism & Support Information (SASI) and Long Island Home Builders Care, the charitable arm of Long Island Builders Institute.
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,