Navigating Rent Control in New York

In this timely and special guest episode of The TreppWire Podcast, we are joined by Avi Schron of Cammeby's International. Avi breaks down the difference between rent control and rent stabilization, shares his perspective on how multifamily rent control developed, and unpacks some of the biggest challenges that multifamily operators in NYC are currently facing. We also dive into rent stabilization’s impact on multifamily properties and share Trepp data that adds to the New York narrative. We discuss the role of data, technology, and innovation in the CRE industry, and wrap up the episode with Avi’s insights and advice into the industry. Tune in now.

Episode Notes:

• Start in Real Estate Business (1:10)
• Rent Control & Rent Stabilization in NY (3:45)
• Challenges in Multifamily Operations (10:20)
• Cap Rate Data (13:28) 
• Rent Guidelines Board (17:48)
• Office-to-Resi Conversions (24:30)
• View on CRE Industry Today (27:46)
• Role of Data, Technology & Innovation in the CRE Landscape (33:28) 
• Rent Collection Challenges & Fraud (35:00) 
• Election Implications for Housing (37:02)
• Real Estate Insights & Advice (38:58) 

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