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The 5 best rental markets in New York State for investors & property managers in 2025

Buildium

Alongside the many positive factors that may pique real estate investors interest, there are three considerations that you may want to keep in mind when considering investing in New York State: Regulatory environment: Passed in 2019, the states Housing Stability and Tenant Protection Act dictates how landlords can operate rent-regulated units.

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Senate Bill No. 969 Garage Door opener

Authority Property Management

Slated to take effect July 1, 2019, this bill could have a number of ramifications for owners of rental property. Under SB-969 , failure to comply with these regulations can make a landlord or property owner subject to a civil penalty of $1,000. But remember, this is $1,000 per each opener that is installed.