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Multi-Family and Apartment Investing
HomeForumsMulti-Family and Apartment InvestingMultifamily Outlook in Manhattan New York
Jared Forman's profile image
Jared Forman's profile image
Jared Forman
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since May 12, 2017
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139
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Jared Forman's profile image
Jared Forman's profile image
Jared Forman
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since May 12, 2017
Connect
Jared Forman
  • Rental Property Investor
  • Philadelphia, PA
106
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139
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Multi-Family and Apartment Investing

Multifamily Outlook in Manhattan New York

Jared Forman
  • Rental Property Investor
  • Philadelphia, PA
Posted Oct 19 2020, 13:22

We are working on an opportunity to take equity in a 100 unit portfolio in Manhattan, in exchange for management. The numbers they reported for 2019 are healthy and the owners have not been reported numbers 2020. Based on the Douglass Elliman Reports Manahattan has been getting hit hard by COVID. For my experienced professionals, do you believe manhattan will bounce back quicker than San Fransico? What will happen to the commercial market? So much in the air, I need someone elses perspective on this!

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