Roughly five months after the state of New York passed stricter rent control legislation, multifamily sales have plummeted in the Big Apple, and investors who normally wouldn’t buy apartment properties outside the five boroughs are looking across the Hudson River for potential acquisitions.
In Wake of Tougher Rent Control, New York Landlords Scout New Jersey for Deals
Garden State’s Apartment Sale Volume Ticks Up as Big Apple's Five Boroughs Lag
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