Fitch: NYC rent regulations a negative for multifamily lenders

Fitch: NYC rent regulations a negative for multifamily lenders
Last week, New York State Senate and Assembly leaders passed expansive changes to rent control laws that stunned the real estate industry. While it seems no one working in New York’s real estate market is especially thrilled with the new regulations, a recent report from Fitch Ratings details just how damaging they could be.
Source: https://www.housingwire.com/rss