Kristina Crane with Evan Joseph Studios
- A major NYC landlord told Bloomberg this week that he's selling off the bulk of his properties.
- He says the shifting political power of tenants and increased costs of being a landlord are why.
- He's opting in for the "security" of other types of investments.
Renting out homes — and dealing with the people who rent them — is no longer a low-lift situation for one New York City landlord. So, he's getting out.
Ben Carlos Thypin told Bloomberg this week on the "Odd Lots" podcast that he's pursuing an "orderly liquidation" of his properties.