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Top News In City Skyline Realty Today - Breaking & Trending Today

Why New York City apartment buildings are on sale now for 50% off, ET RealEstate

Last year, New York buildings with at least one rent-­stabilized apartment sold on average for $203,000 a unit, down 34% since 2019. One of the key reasons for drop in apartment prices in New York is tough rent control. These rules benefit longtime tenants at the expense of newcomers, and they’re an inefficient way to help those who need it most, scholars have found. ....

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NYC rental buildings sell for 50% off due to strict rent control laws

NYC rental buildings sell for 50% off due to strict rent control laws
crainsnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsnewyork.com Daily Mail and Mail on Sunday newspapers.

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Rent-stabilized Landlord Sells Portfolio At 44% Discount

Rent-stabilized Landlord Sells Portfolio At 44% Discount
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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