We understand that buildings like yours throughout the boroughs of New York are the backbone of middle class housing in the City. Over 90% of New York’s multifamily buildings have fewer than 50 apartments.
In some New York neighborhoods, 90% of residential buildings were constructed before World War II. Many are 70 to 100 years old, and maintaining them involves significant costs. As an owner of multifamily buildings with stable rent rolls, you require access to financing to maintain your properties in order to continue to provide your tenants with the quality of life they expect.
RSA Mortgage Brokerage has access to banks that have maintained their touch with New York’s neighborhoods. For decades, the RSA and the NYC Housing Partnership have played major roles in sustaining New York City’s irreplaceable middle class multifamily housing stock.