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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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.

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

Barberry Rose Management’s Lewis Barbanel sold 16 rent-stabilized buildings in Inwood, Washington Heights and Harlem.

A 16-building multifamily portfolio in Manhattan’s northernmost neighborhood has sold for $47M, almost half the price it last changed hands for in 2016.

Multifamily housing remains the prized jewel for commercial real estate investors.

A new survey revealed that U.S. mortgage rates continue to rise as interest rates adjust in response to stronger-than-expected economic growth.

"You tried to take advantage of them and tried to be selfish and greedy," said one Reddit user.

When considering investing, most people traditionally turn to the stock market to grow their hard-earned money.

Cignature Realty finalized the sale of a 7-story multifamily elevator building for $6,100,000. The property, 512 West 151st Street, has a total of 29 residential units and is located between Broadway and Amsterdam Avenue in Hamilton Heights. The 31,500 square foot building sold for approximately $194 per square foot. Cignature...