NYC Pension to invest $60 million to preserve affordable housing
(Bloomberg) — New York’s $86 billion civil employee pension fund is investing in a not-for-profit partnership that took over loans for properties linked to rent-controlled, rent-stabilized apartment buildings from failed Signature Bank. Most Read by Bloomberg The New York City Employees Retirement System, or NYCERS, will invest up to $60 million in a partnership, led … Read more