In New York, Roommates Make a Comeback

It can be lonely living alone, especially during a pandemic, so some renters are finding new places with friends and sharing both the experience and the rent. In New York, where high rents, small apartments and vibrant social lives were, until recently, hallmarks of life, roommates were seen by many as a financial necessity rather […]

Multifamily Influencers

The year 2020 has been a long and hard slog for everyone, including the experts in the multifamily field. To be sure, apartments have weathered… The year 2020 has been a long and hard slog for everyone, including the experts in the multifamily field. To be sure, apartments have weathered the pandemic relatively well, holding […]

The Evolving Impact Of 2019 Rent Laws In New York City

The year 2019 was a whirlwind for New York City real estate, especially when it comes to the New York multifamily market. In June, Governor Cuomo signed into law the Housing Stability and Tenant Protection Act, which constituted major changes to the New York Landlord/Tenant Law and, more specifically, the Rent Stabilization Law. The Housing […]

“It’s not the end of the world,” landlord says of new rent laws

The Parkoff Organization has nearly 4000 units in New York City, 75% of which are rent-stabilized New York Multifamily Summit A Halloween panel of multifamily industry players had sobering market predictions — and a call to action — for an audience of landlords, investors and brokers. “We are seven votes shy of universal rent control. […]