The REIT plans to seek out Manhattan residential properties that can be rented out for income, according to a filing with the regulator. Photo: Getty Images/iStockphoto
The REIT plans to seek out Manhattan residential properties that can be rented out for income, according to a filing with the regulator. Photo: Getty Images/iStockphoto

New York condo deals sought for online investors by new REIT

NY Residential REIT is a ‘blind pool’, meaning it owns no assets and is courting investors on the strength of its management team

The REIT plans to seek out Manhattan residential properties that can be rented out for income, according to a filing with the regulator. Photo: Getty Images/iStockphoto
The REIT plans to seek out Manhattan residential properties that can be rented out for income, according to a filing with the regulator. Photo: Getty Images/iStockphoto
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