Everyone's worst fears about sketchy landlords, confirmed

… While probably no one was under the impression that people buy sell and rent out New York real estate just out of the … well its bad Aside from runofthemill shady property tricks buying deeds from overmortgaged owners and renting out their … it … So sometimes its like Hello this was our neighborhood What are you doing here On his lowball approach to buyouts …

By Virginia K. Smith |May 13, 2015 - 1:05PM
How is the buyout of a rent-stabilized apartment taxed?

… Q Im in preliminary talks with my landlord about a buyout of my rentstabilized apartment Ive read different … on your income you could wind up paying more if the buyout is considered regular income versus capital gains … any profits from the sale of a contractwhich is essentially what youre doing in a buyout situationare recognized as …

By Leigh Kamping-Carder |October 27, 2014 - 1:59PM
Buyouts: What rent-stabilized tenants should know to score the most cash

… have paid in excess of $1 million It all boils down to what its worth to the landlord to get their hands on … tenant the bigger incentive heshe has to increase the buyout offer  For more factors that go into the negotiation … plus stories from actual tenants read Landlord wants to buy you out How to name your priceplus reallife examples …

By Jennifer Laing |October 2, 2014 - 3:59PM
What's a buyout really worth? Use this calculator to figure it out

… For rentstabilized tenants a buyout offer from your landlord is like hitting the … Alliance a tenants rights group has put together a handy buyout calculator which the New York Times spotted this … your new rent and so onand presto youll get a breakdown of what youd be left with after taxes moving costs brokers fees …

By Leigh Kamping-Carder |April 7, 2014 - 11:59AM
The One That Got Away: 'I gave up a chance to buy my East Village 2-bedroom for a laughable $90K'

… live there David says adding I had a feeling he was somewhat involved in the local drug trade Especially thrilling … there for a year David got an offer from the owner to buy the place for $90000 The landlord was headed back to … An ode to New York City on Valentines Day Landlord wants to buy you out How to name your price plus reallife examples …

By Kelly Kreth |March 6, 2014 - 8:59AM
Lessons from the $17 million buyout of a rent-stabilized apartment

… are finding a rentstablized apartment and getting a hefty buyout for said apartment Reclusive New Yorker Herb Sukenik managed both  The storyconsidered to be the largest buyout in NYC history is chronicled in real estate … the same jackpot Sukenik scored we have compiled a list of  what to keep in mind when negotiating a buyout of your …

By Lucy Cohen Blatter |March 3, 2014 - 11:30AM