Friday, 5 July 2019

New rents laws mean big changes for some brokers in the multifamily biz

With New York’s new rent laws jolting the real estate business, commercial and residential brokers that focus heavily on multifamily properties are feeling the pressure and quickly changing tactics. Two brokers, speaking on the condition of anonymity, singled out Rosewood Realty Group and Ariel Property Advisors as firms that could be hit especially hard by the host of new tenant protections — as both have been entrenched in areas with a heavy supply of rent-stabilized […]



source https://therealdeal.com/issues_articles/brutal-brokerage-realities/#new_tab

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