Story thread · 2 reports / 1 sources
NYC Rent Freeze May Hit Mortgage Bonds
bloomberg.com · 7d
How the coverage leans
Across 1 sources · syndicated copies counted once
A $506 million bet on thousands of New York rent-stabilized apartments has already soured for bond investors, and Mayor Zohran Mamdani’s rent freeze is threatening to make it worse. Ran Eliasaf, Founder & Managing Partner of Northwind Group, discusses the needs in the NYC housing market and the possible impact of the city's recent moves to make it more affordable and levy new taxes. (Source: Bloomberg)
First report: Mamdani’s Rent Freeze Heaps Pressure on a Teetering CMBS Deal — bloomberg.com, 8d
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