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

US News: 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 re ....

United States , Washington Heights , New York , New Jersey , Peter Cooper Village , Sugar Hill , Chris Herbert , Sam Stein , Lin Manuel Miranda , Douglas Peterson , Letitia James , Lewis Barbanel , Shimon Shkury , Tay Raymond , Jay Martin , Amy Ruth , Lazer Sternhell , Margaret Grossman , Peterson City Skyline Realty , Harvard University Joint Center , Germany Federal Constitutional Court , Sugar Hill Capital Partners , Fannie Mae , National Multifamily Housing Council , Community Service Society Of New York , York Community Bancorp Inc ,

Upper Manhattan tenants want 'seat at table' following Signature collapse, landlord default

Gothamist is a non-profit local newsroom, powered by WNYC. ....

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