Shimon Shkury, President and Founder of Ariel Property Advisors; Victor Sozio, Founding Partner; and Matthew Dzbanek, Senior Director in the Capital Services Group, take a deep dive into New York City’s multifamily market on this episode of Coffee & Cap Rates. They discuss key trends from Ariel Property Advisors’ Q1 2026 Multifamily Quarter in Review New York City, and what to expect for the remainder of the year.

Highlights from the podcast include:

• The NYC multifamily market recorded approximately $2.4 billion in transaction volume in Q1 2026, up 7% year-over-year, reflecting sustained investor activity despite a bifurcated market.
• Free market assets continued to drive momentum, supported by rising rents and strong investor demand, while rent-stabilized properties faced ongoing pressure from expenses, regulatory constraints, and NOI erosion.
• The rent-stabilized segment saw notable activity, including distressed transactions, as owners and lenders increasingly worked toward restructurings and pragmatic solutions.
• Affordable housing remained steady, with private capital increasingly stepping into existing structures and sophisticated investors targeting long-term value opportunities.
• Lending activity remained active for well-located free market assets, while capital availability for stabilized assets remained more selective, with lenders focused on collections, violations, and overall asset quality.
• Construction and development financing continued to attract strong interest, supported by favorable supply-demand dynamics and growing appetite for new rental and condo projects.
  Overall, liquidity and investor engagement are expected to remain strong as both buyers and lenders continue to meet the market in 2026.

Access the full report here: https://arielpa.com/report/report-MFQIR-Q1-2026#overview