The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

October 19, 2015 | Globe St. | Paul Bubny

The Rent Guidelines Board’s unprecedented vote this past June for a freeze on rates for one-year leases in rent-stabilized apartments hasn’t exactly put a freeze on multifamily investment sales here.  Yet the vote, coupled with mixed signals from Mayor Bill de Blasio's administration on the city’s affordable housing policy, has created uncertainty among investors and developers alike, according to experts at last week’s RealShare New York conference...

Click here for full article