Tuesday, 23 June 2020

Rent-rospective: Assessing the rent law, one year after its passage

Last year’s changes to the rent law brought the New York City multifamily market to a screeching halt. With nearly all avenues for raising rents in rent-regulated apartments closed, experts predicted capital flight, disinvestment and a deterioration of the city’s housing stock. A year after the rent law’s passage, The Real Deal’s Kathryn Brenzel and Georgia Kromrei set out to assess the impact the legislation has had so far. Some of the city’s top brokers



source https://therealdeal.com/2020/06/23/rent-rospective-assessing-the-rent-law-one-year-after-its-passage/

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