The city on Tuesday released its first “Speculation Watch List,” a roundup of properties whose tenants might be vulnerable to harassment. The list includes rent-regulated multifamily properties sold this year for more than $10,000 that have a capitalization rate below the median cap rate for their respective boroughs. The first iteration of the watch list has 51 properties — roughly 100 short of the number of buildings that are expected to be added to the […]
source https://therealdeal.com/2018/10/30/city-releases-its-first-predatory-landlord-watch-list/
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