| Lawmakers just re-wrote the rulebook for rent regulation in New York State. “It will affect values,” says Shimon Shkury, president of Ariel Property Advisors, a commercial real estate advisory firm. “We are re-evaluating many buildings—re-evaluating what it is reasonable for investors to expect.” Nearly one million apartments are affected by the new laws, which makes it much more difficult to substantially raise rents for rent-regulated units. FULL ARTICLE | 
