Marco Lala Comments on NY's Rent Law Changes plus a Report on Average Residential Rents Throughout Northern Manhattan

"Just as our team closed out the sale of 10 buildings in Northern Manhattan for nearly $40M, the NYC multifamily landscape has changed dramatically with the signing in of new rent regulations. Although the general sentiment is not good, my feeling is that the market will..."

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◄ This Off Market Opportunity is 160k/Unit ►
50+ Unit Multi-family in the Fordham Section of the Bronx

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Governor Cuomo signs rent control bill into law

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New York's Progressive-Backed Rental Regulations Are a Huge Gift to Wealthy Tenants

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Los Angeles Councilmember pushing to tax landlords who keep apartments vacant

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GREAT 1031 PROPERTY Single Tenant Corner Retail Condo on Broadway & W148th in Manhattan's Hamilton Heights

3595 Broadway, Unit CD is a 1,826 square foot retail condominium which is part of a newly constructed twelve story residential building. The two-level condo unit will be delivered with a ten year lease in place to a well established ramen noodle restaurant with multiple New York City locations. The tenant is currently in the beginning stages of building out the space.

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Apartments & Stores Located Steps From Fordham University and Surrounded by Privately Owned Student Housing

2480 Belmont Avenue, Bronx - Rent to students in an Opportunity Zone with a Little Italy mixed use building steps from Fordham University and surrounded by privately owned student housing complexes. The current ownership has been undergoing a process of updating apartments and converting an increasing percentage of the tenancy to college students...

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A Meticulously Preserved Art-Deco Building in the Pelham Bay Section of the Bronx with 37 Residential Apartments, a Laundry Room and Storage Income

Own a 'mint condition' apartment building with meticulously preserved original Art Deco features including the entire facade, the original steel and glass entrance, apartment interiors, Art Deco lobby fixtures and terrazzo flooring. The property consists of 37 large apartments and is located on the northeast corner of East 196th Street and Saint Paul Avenue in The Bronx's Pelham Bay neighborhood. Features include...

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What the Fed Will Do This Week: Having signaled that it will announce a rate cut, the big questions are how much, when and why

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Can Edge-on-Hudson become a game changer for Sleepy Hollow?

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A Corner Mixed Use Building in Sleepy Hollow, NY Surrounded by Toll Brothers' $1B Development, Nightlife, Schools and More

Team Lala of RM Friedland LLC presents an extremely rare opportunity to own a 'value-add' asset in a Westchester village that is surrounded by billion dollar river-town condominium development projects in a downtown shopping and dining district, and walking distance from the Tarrytown Metro North train station (30 minutes to Midtown Manhattan). Properties near Westchester train stations are fast becoming an 'in-demand' asset class. All tenants pay for heat, hot water and electric in this brick and stucco mixed use building which consists of a total of 6 residential apartments, 4 storefronts, and a two story loft space...

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Team Lala of RM Friedland negotiates non-contingent contract on 400k+ SF South Bronx Development Site in an Opportunity Zone

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▬ Opportunity Zone ▬ Development Site on Jerome Avenue in the Bronx with 34K+ Buildable SF

Team Lala of RM Friedland presents the opportunity to develop a mixed use building on Jerome Avenue in the Bronx's University Heights Neighborhood. There is currently a lease in place at $4,720 per month with a 90 day cancellation clause. The property is located on the West side of Jerome Avenue just south of East 181st Street and is situated within an R7A/C2-4 zone with Mandatory Inclusionary Housing. A recent re-zoning initiative (passed in 2018) which covers a two mile stretch on Jerome Avenue and includes the subject property is aimed at providing 4,000 new affordable units to the area. There is a MTA #4 train station a short walk away at Burnside Avenue and residents will enjoy a 35 minute commute to Grand Central Station in Midtown Manhattan as well as local shopping and growing employment opportunities.

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New York Rent Rules Pose Risks for Apartment Lenders, Fitch Says

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6 Ways New Rent Laws Will Affect New Yorkers

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Mott Haven Multifamily in an Opportunity Zone with 8 Apartments, Retail Space and I-87 On-ramp Billboard Potential

This Mott Haven, brick building sits in an Opportunity Zone and consists of eight residential apartments and one retail space located on the east side of Willis Avenue just south of Interstate 87 and East 134th Street. This is the perfect location for a rooftop billboard overlooking the on-ramp connecting the Willis Avenue Bridge to I-87. There is also the future potential to...

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Vacant Mixed Use Building with Pending Plans in Mount Vernon

...a vacant, brick, mixed-use building located on the west side of West Lincoln Avenue just south of Elm Street in the City of Mount Vernon in the Downtown/Sunset Hill Vicinity. The owners are in the process of getting approved plans for rehabbing and configuring the property into seven apartments and one retail space.

 

70 Unit Fort George, NYC Multifamily Package of 3 Well Maintained Buildings with a Cell Site, 2 Gas Conversions & Many Renovated Apartments

Own three well maintained apartment buildings steps from Broadway in the Fort George section of Northern Manhattan.This package offering consists of 70 apartments and a roof top cell tower. Many units have been renovated with stainless steel appliances, modern fixtures, and quartz countertops.

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NYPA to Develop Solar Arrays and Battery Storage at County-Owned Facilities

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Seven Apartments And A Storefront In Williamsbridge, Bronx Is Back On The Market.

The subject property is a mixed-use building located on the northwest corner of Barnes Avenue and East 213th Street in the Williamsbridge section of the Bronx. This property consists of seven residential apartments and a corner retail storefront. The cell site lease was sold in the past year. Features include...

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Price Reduced to $215/SF ⚐
Huge Upside in Pelham Bay, Bronx With Almost a Full City Block of Retail & Office at the Buhre Train Station

Westchester & Buhre, Bronx - Benefit from substantial upside potential and build in the future in a prime Pelham Bay, Bronx location. The subject property consists of almost an entire full block of retail and office and is located in front of the MTA #6 Train Buhre Avenue Station at the intersection of Westchester Avenue, Buhre Avenue and Crosby Avenue...

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Econlib.org: The Effects of Rent Control

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Team Lala of RM Friedland Just Closed Out The Sale Of A Nine Building Portfolio in NYC's Hamilton Heights

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Team Lala of RM Friedland Just Closed Out The Sale Of A 45 Units Multifamily Off Broadway NYC's Inwood Neighborhood

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