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Rent control weighs down Bronx buildings; Virginia retail center loses theater; Property stress may be plateauing

A weekly look at the commercial mortgage-backed securities business
The Emerald Bronx portfolio contains 874 rent-stabilized apartments across eight properties in the Bronx borough of New York City. (CoStar)
The Emerald Bronx portfolio contains 874 rent-stabilized apartments across eight properties in the Bronx borough of New York City. (CoStar)
CoStar News
October 16, 2025 | 2:03 P.M.

This week's column examines downgrades of securities tied to rent-controlled New York City buildings, the loss of a theater and major tenant at a Virginia retail center, and signs that real estate stress could be stabilizing. Read the entire piece by clicking "read more" below.

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