Related Fund Management sold five fully rent-stabilized buildings in the Bronx for about $12.8 million, a 55% drop from their 2015 price. The sale reflects the continued hit to property values following New York’s 2019 rent law, which limited rent increases and reduced investor returns. Moshe Greenzweig’s Cedarbridge Management was the buyer, with Rosewood Realty handling the transaction.
Related Fund Management
