As financial pressures mount, the first foreclosures have been filed on NYC’s rent-stabilized loan portfolio acquired from Signature Bank. With rising costs and regulatory constraints squeezing landlords, experts warn this could be the start of distress in the affordable housing sector in NYC. #RealEstate #AffordableHousing #Foreclosure #Multifamily #NYCHousing #CommercialRealEstate #RentStabilization #CRE #HousingCrisis #PropertyInvestment https://lnkd.in/e2amTa43
