Behind The Bricks

Coronavirus Impact on NYC Multifamily Part 2


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In this episode we take the impacts of COVID-19 a step further. With NYC being the epicenter of the pandemic our multifamily team has been directly dealing with the rapidly changing NYC multifamily market: All property operators, sellers and buyers are affected and have questions about how to navigate. In this episode Joe Koicim, Seth Glasser, and Shaun Riney and I discuss:

• How certain NYC rental markets will be affected differently

• If NYC residents want to live closer to work and changes to those neighborhoods?

• What areas are seeing the most deal action?

• What should be kept in mind while navigating the current lending environment?

• How does the retail market affect NYC owners and the industry?

• Where do the future opportunities potentially look like?

We would like to be as useful to our industry as possible, and I hope you find this information valuable.

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Behind The BricksBy Peter Von Der Ahe

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