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Updated almost 7 years ago,
Investor need attorney consultation on NYC rent stabilization
Hello,
I am an investor in NYC looking to get end-to-end consultation and advice on how NYC's department of housing rent stabilization works on multi-fam units greater than 6. I want to invest in properties in the 5 boroughs but honoring the stabilization of rents for these units means that there's no cash-on-cash return, at least in the first few year--looking how I can get around that.
thx