NY state legislators propose bills to protect land-lease co-ops from land rent hikes

… on Billionaires Rowwould protect a handful of New York City landlease coop buildings from rent hikes on the land beneath their buildings The two bills … for the same terms as any other deal the land owner would take and give coops the right to renew a ground lease  It

By Celia Young |May 15, 2024 - 12:30PM
Is paying less upfront for a co-op in a landlease building worth the risk?

… by someone else coop shareholders pay a portion of the land rent to the owner which is usually incorporated into their … … Coops are generally 10 less expensive than condos Their rules are designed to protect the value of your apartment … As your broker its our job to make sure you qualify for the building youre interested in … We have a 999 success …

By Alanna Schubach |June 13, 2022 - 2:00PM
From Long Island City to Brooklyn Heights: A renter upgrades to a new condo development

… very much worth the higher cost for me Editors note Common charges for two bedrooms currently for sale in the building …

By Kelly Kreth |October 15, 2021 - 12:30PM
Renters ask: What happened to landlords' promises to 'work things out'?

… When New York initially went into shutdown mode and renters expressed fears … we maintain as much of the economy as we can If everyone takes this as an opportunity to shirk their responsibilities …

By Emily Myers |May 1, 2020 - 4:00PM
NYC rents 'up sharply' across all apartment sizes in January

… In January the New York City rental market showed a continuation of trends seen in recent monthsnosebleedhigh rents and a stingier number of concessions If youre looking … and choosing to rent instead This in turn is empowering landlords to ask for those high rents and offer fewer …

By Jennifer White Karp |February 13, 2020 - 10:00AM