Real Estate & Home

A Perfect Storm of Costs Is Squeezing NYC Landlords to the Brink

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Small property owners in New York City are facing severe financial pressures due to rising property taxes and insurance costs, while rent regulations limit their ability to increase rents. This situation could lead to more vacant units and further strain on the city's affordable housing market if not addressed promptly. Developers and tech professionals should monitor how policy changes impact small-scale landlords, as these operators play a crucial role in maintaining New York’s rental housing stock.

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