Another large multifamily portfolio is up for sale as Albany lawmakers consider reforming the state’s rent-regulation laws. Brooklyn landlord Dovie Sperlin has put his nine-building, 291-unit Parkside Portfolio on the market with an asking price of $104 million, the brokers listing the properties told The Real Deal. “Given the political climate with regard to rent stabilization, some will say it’s too risky to jump into stabilized assets now,” said Adam Hess at Meridian Investment Sales. […]
source https://therealdeal.com/2019/02/28/large-brooklyn-multifamily-portfolio-hits-market/
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