With Albany rendering rent-regulated apartments radioactive in New York, The Real Deal ranked the players who own the most of those suddenly less-desirable units. Check out the list below and read the full story on the pummeling the industry took in the state’s capital here.
Stuyvestant Town (Getty Images)
Total rent-stabilized units: 11,807
Biggest rent-stabilized property: Stuyvesant Town in Manhattan with 8,659 regulated units
LeFrak City
Total rent-stabilized units: 9,891
Biggest rent-stabilized property: LeFrak City in Corona, Queens with 4,543 regulated units
Shore Haven
Total rent-stabilized units: 6,871
Biggest rent-stabilized property: Shore Haven in Bath Beach, Brooklyn with 404 regulated units
5530 Netherland Avenue
Total rent-stabilized units: 6,100
Biggest rent-stabilized property: 5530 Netherland Avenue in Riverdale, Bronx with 272 regulated units
630 West 246th Street
Total rent-stabilized units: 3,574
Biggest rent-stabilized property: 630 West 246th Street in Riverdale, Bronx with 192 stabilized units
Source: Registration data from NYC’s Department of Housing Preservation and Development as of June 2019. The numbers only include buildings registered with HPD. LeFrak confirmed its numbers, Blackstone and A&E declined to comment, and Cammeby’s and Glenwood did not respond to requests