September 28, 2023
Another rent-stabilized landlord faces foreclosure
Rent-stabilized buildings struggling against the financial straits of New York’s 2019 rent law.
Loan servicers filed foreclosure suits Friday against four buildings owned by
September 28, 2023
Distress in rent-stabilized buildings rises to surface
Brokers say distressed sales of rent-stabilized buildings have ramped up
More signs emerge that law aimed at bad actors has put entire asset class at risk