Regulation, Supply, and the 99-Unit Rule with Robert Rahmanian & Louis Adler

Today, Noah and John sit down with Louis Adler and Robert Rahmanian of REAL New York to break down what’s really happening in the Manhattan market right now. From a rental market that’s critically undersupplied to the ripple effects of 485-x replacing 421-a, the guys explain why new development pipelines are thinning — and why rents likely aren’t coming down anytime soon. They dive into…