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In a housing shortage, this doesn’t seem like a good thing: The multitude of regulations that New York piles onto buildings with three or more units — and the steady increase in such requirements — is an incentive to convert a multiple dwelling into a two-family. “I’m shopping for an architect to turn my 3 into 2,” one owner messaged me on LinkedIn. “The layering of regulations onto the MDL hits these buildings super hard, and I don’t see that stopping.” The MDL, or Multiple Dwelling Law, applies to homes with three or more units. Not only do the regulatory […]

This article originally appeared on The Real Deal. Click here to read the full story.

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