How New York's Rental Regulations Are Reshaping Real Estate with Karla Saladino of Mirador Real Estate
In this episode of The Vacation Rental Show, host Lynell Gordon sits down with Karla Saladino, Managing Partner of Mirador Real Estate, to explore the complex dynamics of New York City's rental market and the unintended consequences of well-intentioned housing policies. With over twenty years of experience and 10,000+ transactions under her belt, Karla provides insider insights into how regulatory changes are creating a housing crisis, forcing 80,000-100,000 units to sit vacant, and driving developers away from the nation's largest rental market. From building successful real estate teams to navigating rent stabilization laws, this conversation reveals the hidden realities behind New York's housing shortage and offers lessons for real estate professionals operating in regulated markets.
This episode is sponsored by iTrip.
In this episode of The Vacation Rental Show, host Lynell Gordon speaks with Karla Saladino, Managing Partner of Mirador Real Estate, about the complex realities of New York City's rental market and the unintended consequences of housing regulations that have created a crisis of vacant inventory amid severe housing shortages.
What you'll learn:
- Why 80,000-100,000 rent-stabilized units sit empty while New York faces a housing crisis
- How 2019 rent regulation changes eliminated renovation incentives and created perverse market dynamics
- The "Good Cause Eviction" law that retroactively changed market-rate apartment economics
- Why developers are fleeing New York due to mid-project regulatory changes
- The "show your work" principle that transforms client relationships and prevents deal renegotiation
- How to build high-volume real estate teams using experienced professionals rather than new agents
Karla Saladino is Managing Partner of Mirador Real Estate, one of New York's top-performing real estate teams with over 20 agents completing approximately 1,500 transactions annually. With over twenty years of experience and 10,000+ career transactions, Karla has built her reputation as one of Manhattan's most magnetic brokers through expertise in residential and commercial property sales, rentals, and turnaround projects. Her team specializes in reducing vacancy rates, optimizing rent rolls, and helping property owners navigate New York's complex regulatory environment. Karla's unique background includes service in the White House Office of Management and Budget, providing her with insights into policy impacts on real estate markets. Her company serves as both brokerage and marketing firm, helping clients across multiple states with property turnarounds, lease-ups, and portfolio optimization.
This episode is sponsored by
iTrip.
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