Thursday 29 August 2019

Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws

As the real estate industry grapples with the new rent law, New York landlords have looked for ways to deal with the changes. This week, sources told The Real Deal that Blackstone Group is “warehousing” as many as 50 apartments in Stuyvesant Town and Peter Cooper Village. That news comes just a month after the firm said it was halting renovations in the 11,000-unit complex as a result of the changes to the rent law. […]



source https://therealdeal.com/2019/08/29/tete-a-tete-with-trd-how-landlords-are-dealing-with-new-yorks-new-rent-laws/

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