Blackstone backs down on warehousing
By Maria Rocha-Buschel One of the city’s biggest landlords has backed down on a plan to warehouse apartments impacted by new rent regulations. Blackstone, which
Tag : rent regulations
Landlords warn warehousing could be the new normal
Landlords are warning warehousing apartments could become the new normal. The news comes as the city confirmed it is investigating reports that Stuyvesant landlord Blackstone
Investors becoming new out-of-towners
By Sabina Mollot Throughout the month that has gone by since the state legislature enacted the strongest rent regulations New York has ever seen, some
Owners sue over new rent regulations
Seven New York landlords have joined the Rent Stabilization Association (RSA) and Community Home Improvement Program (CHIP) to sue over new rent regulations they claim
How to deregulate regulated units in light of recent legislation
By Andrew Levine & Josh Lipton, Invictus Property Advisors June 15, 2019 may come to be remembered as doomsday by the New York City real
What to expect when you’re expecting rent regulated returns
With the passing of the new rent regulations in Albany, drastically limiting the ways landlords can raise rents, developers have been researching new ways to
Changing rent laws could spark new financial crisis
By Jonathan Lewis, Founder, JLJ Capital There’s been tons of press over the last few weeks and months about the housing crisis in New York
Attorneys look for legal challenge to rent Act
Ever since the new rent regulations — all 74 pages of them — were signed into law by Governor Andrew Cuomo on Friday, real estate
Industry laments new rent regulations
The most sweeping changes ever made to New York City’s rent regulations have been roundly criticized by a real estate industry that is warning of