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Shock And Awe: The Multifamily Housing Recovery In 2022

Forbes | 02/15/22

The multifamily asset class is considered the lifeblood of real estate investing in New York City and for decades has been the most stable asset class. Yet, when the political (namely HSTPA 2019) and public health environments turned adverse, the bet on multifamily was suddenly no longer safe. Amid industry shock, the vacancy rate and several other market indicators looked like an EKG of a heart attack. Consequently, multifamily investment in New York City slowed its activity considerably in 2019 and 2020.

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Forbes|Shock And Awe: The Multifamily Housing Recovery In 2022|02/15/22

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