The Rental Stabilization Association of NYC and five small landlords are seeking a preliminary injunction to suspend the law.

“This feels like they bought way too many homes and they’re trying to work off that excess supply,” said Jonathan Miller, president of appraisal firm Miller Samuel.

The disruption caused by the pandemic made off-market transactions more attractive for both investors and potential sellers.

Beijing’s property crackdown has curbed construction activity and squeezed financing to the sector.

In designing the Hoya Capital High Dividend Yield ETF, the fund manager focused on how different market environments affect property sector weights and diversification rules it set for the index.