Can market-rate tenants get buyouts?

… deregulate apartments and move in higherpaying tenants they may find it easier to buy you out than to wait you out With … be highly unusual marketrate residential tenants There may be one caveat in your case Its always possible in the … Also Like … viewbublogpanes=ymalinline   … The building Ive lived in for 13 years just was sold The new owner wants to …

By Alanna Schubach |September 10, 2018 - 9:00AM
What happens to tenants when a building's 80/20 commitment ends?

… 8020 tenants continue to be protected from eviction or huge rent increases when a buildings 8020 commitment ends but specific circumstances vary by building  our … your buildings regulatory agreement in order to find out what your rights are You should be able to get a copy of the …

By Alanna Schubach |September 4, 2018 - 10:00AM
Can I have a co-signer on a mortgage when buying a co-op?

… … Yes you can have a cosignersometimes also called a nonoccupant coborrowerif … a mortgage on your own Youll likely also find coop boards that will accept your application However not all banks or boards will …

By Alanna Schubach |August 20, 2018 - 10:00AM
Should we limit the number of rentals in our building if we want banks to lend to prospective buyers?

… yours  If a building goes below standard guidelines there may be portfolio lenders such as NCB who can lend in a … … You Might Also Like … viewbublogpanes=ymalinline   … I live in a brownstone with seven apartments One of the …

By Alanna Schubach |July 30, 2018 - 10:00AM
What kinds of damage are covered by apartment insurance, and what are covered by building insurance?

… own expensive itemssay a crystal vase or pricey jewelryyou may want to get those covered by a separate policy Ordinary … cover Whats the process for figuring out who pays … Live … Ask an Expert … insurance … What kinds of damage are …

By Alanna Schubach |July 23, 2018 - 10:00AM
My friends and I are apartment-hunting together. Do we each need our own guarantor?

… … Landlords will consider your combined income but if that doesnt amount to forty times the monthly rentthe standard metric NYC landlords use to gauge your …

By Alanna Schubach |July 9, 2018 - 12:00PM