Buyouts: What rent-stabilized tenants should know to score the most cash
By Jennifer Laing |October 2, 2014 - 3:59PM
In Case You Missed It: Every so often, BrickUnderground digs through the archives to find the best advice our experts have shared through the years.
While some landlords offer rent-stabilized tenants as little as $1,500 to clear out of the building, others have paid in excess of $1 million. It all boils down to what it’s worth to the landlord to get their hands on your apartment. Here’s what they consider:
• Your age and health. A young healthy tenant who could be around for many years may be able to demand more than someone elderly and infirm.
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