Brooklyn-based real estate investment trust Clipper Equity believes there’s high growth ahead at its portfolio of rental properties in Manhattan and Brooklyn. The David Bistricer-led company, which went public on the New York Stock Exchange last year, detailed its latest round of plans to deregulate units and capitalize on gentrification trends at several of its residential projects, according to an investor presentation filed Friday. The presentation listed multiple properties where they plan to deregulate units […]
source https://therealdeal.com/2018/11/02/heres-the-math-behind-clipper-equitys-deregulation-strategy/
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