July 26, 2017

Are stricter rent stabilization rules partly to blame for Brooklyn’s I-sales slump?

Investors bought $2.7 billion worth of properties in the borough in the first six months of the year, down from $4 billion a year earlier and a 49 percent decrease from a record $5.3 billion in the first half of 2015, according to a new report from brokerage TerraCRG.

Read more here.