It's been a rough year for rent stabilized housing and it's been a rough year for New York Community Bank, which is struggling to stay afloat amid news of a very bad fourth quarter.
The link between NYCB's woes and rent stabilized apartments in distress cannot be overlooked; any bank holding these loans may find itself in a precarious position.
So what's Albany doing about it?
Join us each week as we explore the latest developments and challenges in the country’s biggest real estate market.
Visit our website for more information.
Follow Us:
X
Instagram
Tiktok
It's been a rough year for rent stabilized housing and it's been a rough year for New York Community Bank, which is struggling to stay afloat amid news of a very bad fourth quarter.
The link between NYCB's woes and rent stabilized apartments in distress cannot be overlooked; any bank holding these loans may find itself in a precarious position.
So what's Albany doing about it?
Join us each week as we explore the latest developments and challenges in the country’s biggest real estate market.
Visit our website for more information.
Follow Us:
X
Instagram
Tiktok