4/25/2024: Episode 90 - Unpacking NY State’s New Housing Policy featuring Victor Sozio, Michael A. Tortorici, and Sean R. Kelly Coffee & Cap Rates

In this roundtable discussion, Shimon Shkury, President and Founder of Ariel Property Advisors, and his Partners Victor Sozio, Michael A. Tortorici and Sean R. Kelly unpack the new housing policy included in the New York State FY 2025 Budget.Overall, the Ariel team sees the new initiatives as positive, especially for housing creation, but challenging for existing multifamily owners because some free market units will now be regulated and increased apartment improvement allowances for rent reg...