Moody's Analysis: New York Rent Freeze Could Push Multifamily Loans Toward Default
A potential five-year rent freeze in New York City may lead to defaults on about 6% of multifamily loans by 2030, according to Moody’s. The impact is higher for buildings with stabilized units, where over 8% could default. High inflation and rising expenses are expected to exacerbate financial stress.
Topics: default risk Moody's analysis multifamily loans New York rent freeze