Massive Stimulus Package Has Limited Upside for Real Estate

Stein Adler partner Michael Dabah spoke to The Real Deal about the effects federal COVID-19 stimulus payments would have for New York City landlords in the coming months. Read the full article here.

“I think the reality is that those individual [stimulus] payments aren’t going to make a dent. What’s going to be the most consequential is the applicability to the federally backed loans. Those borrowers are going to see a huge help there.”