3824 White Plains Rd, Bronx NY

First Quarter Bronx Benchmark Review

Developers, landlords and tenants all got something out of the New York State budget passed earlier this month. Although nobody is satisfied, investors in The Bronx real estate market welcome the relaxation of onerous regulations that are restricting the supply of affordable housing. Incentives for developers have begun to support valuations of certain sectors as legacy apartment valuations continue to suffer under regulatory pressure.

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