Rent reform is on the rise in New York City – what are the long-term expectations and how will the market adjust? Join us for an After-Work Seminar covering different perspectives on the impact of rent reform on the industry. Discussion topics include:
Why rent reform is on the rise, even in other states; Is this the states’ answer to assist with the affordable housing issues across the country and could this be positive legislation to bring about change?
New lender considerations in financing NYC properties due to rent reform and how this affects underwriting or other legal aspects
Property owner’s perspective on the positives and negatives of rent reform in NYC
How does rent reform impact the acquisition financing market and will this have a positive or negative effect in the backdrop of a low interest environment?
Does rent reform disincentivize owners to perform capital improvements due to rent limitations? Is this something the city should consider?
Expectations for further regulation in the future to ease restrictions, as well as the likelihood of a compromise for property owners
Outlook on how this will play out in other markets, and whether this is just the beginning of a bigger trend. Is this going to become a national phenomenon?