Google co-founder Sergey Brin has exited New York City real estate at a steep loss, selling his stake in struggling landlord A&E Real Estate for just six cents on the dollar. The Bloomberg-reported sale lands as Mayor Zohran Mamdani’s rent freeze on one million rent-stabilized apartments squeezes landlords already battered by 2019 rent laws, soaring costs and mounting unpaid rent.<\/p>","protected":false},"excerpt":{"rendered":"
Google co-founder Sergey Brin has exited New York City real estate at a steep loss, selling his stake in struggling landlord A&E Real Estate for just six cents on the dollar. The Bloomberg-reported sale lands as Mayor Zohran Mamdani’s rent freeze on one million rent-stabilized apartments squeezes landlords already battered by 2019 rent laws, soaring… Read More »Sergey Brin sold his NYC real estate: Here’s what Mamdani’s rent freeze cost him<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":118224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/118223"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=118223"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/118223\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/118224"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=118223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=118223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=118223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}