Brooklyn: Overcoming Loft Law Hurdles to Sell Building for $1,000,000 / Unit
Brooklyn: Overcoming Loft Law Hurdles to Sell Building for $1,000,000 / Unit
3/18/2017
“I was fortunate to meet Shaun Riney and the New York Multifamily team who were extremely professional and diligent at every step of the process. After having been in the business since 1985, I have never experienced this level of competency, toughness, honesty and dedication through every twist and turn as was exemplified with this team.”
– Gina, former owner of 35 Claver Place

THE OBSTACLE

CREATIVITY + HUSTLE = SOLUTION

Keep up-to-date with market commentary by following here!
Buy Peter's Book Today! Available on Amazon.
Catch up on our most recent posts here:
2023: Unknowns, Questions & Predictions For the Year Ahead
2022 finished much slower than it started with Q4 bringing a lot of uncertainty and trepidation to the market. Brokers woke up every Monday morning not knowing which deals would sign and close and which deals would fall apart. Calling a buyer on a Monday was like calling the doctor for your test results – you knew you had to do it, but you were nervous with what they might say. But alas, 2022 is in our rearview mirror it’s time to look at 2023 and make some predictions with where our business is headed.
read moreCompliance And The Future Of New York City Real Estate
Future values in New York will not be tied only to interest rates and rent stabilization. There’s another piece to the pricing puzzle that doesn’t have to do with upside in rents, NOI, rising expenses, or location. It’s compliance.
read moreNYC Multifamily Q4: The Changing Relationship Between Banks & Borrowers & Government
In this article I’ll go over how New York multifamily investors are navigating challenges presented to them by lenders, the federal government, and local bureaucracies.
read more
0 Comments