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As all of us in the NYC Multifamily industry make adjustments in our personal and professional lives, we wanted to share how the coronavirus is impacting NYC multifamily. This week I sat down, over video chat, with my partners: Joe Koicim, Seth Glasser, and Shaun Riney and we discussed:

 

What’s the #1 question all NYC owners are asking right now? Why will beginning of April be important for the multifamily market? Which deals are getting done? How are banks reacting to current deals? What is Force Majeure and why has it become popular?

 

We would like to be as useful to our industry as best as possible, and I hope you find this information valuable.

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