New York City’s rent-stabilized housing sector is facing steep valuation declines and reduced transaction volume following regulatory changes and rising costs. While overall investment activity in the city rebounded, rent-regulated properties saw pricing drops as high as 61% in Manhattan, underscoring how policy shifts can significantly reshape housing markets.
Source: https://www.multihousingnews.com/how-rent-regs-drag-on-nycs-investment-market
