Yes, you can have a $10/month, 50-year lease in NYC—technically, anyway

… resident is fielding a lawsuit from his new landlord over  the validity of his doubletakeinducing lease which spans 50 years and cost just $10 a month the New York Post … lease in place real estate attorney Terry Oved says If the apartment were rentstabilized it would be a different story …

By Virginia K. Smith |November 11, 2014 - 11:59AM
Your rental building's going condo. Now what?

… tower in Battery Park City The new owner plans to take it condo and is relying on an  unusual clause in the tenants … extraordinarily rare Most of the time when a building goes condo renters are given the option to remain as tenants or purchase their apartment at an insider price which …

By Leigh Kamping-Carder |April 25, 2014 - 11:59AM