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

… New legislationspurred by a coop in crisis on Billionaires Rowwould protect a handful of New York City landlease coop buildings from rent hikes on the land beneath … landlease coops in NYC and has also raised a debate over what kind of New Yorker deserves legal housing protections … …

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

… … Prices in landlease buildings are generally lower than conventional buildings to offset higher maintenance fees so youll pay less upfront but more over time when you buy in this type of building But theres an even bigger … are primarily coops though there are a handful of landlease condos including  Brooklyn Point which is owned by the …

By Alanna Schubach |June 13, 2022 - 2:00PM
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 … to Douglas Ellimans January rental market report  for Manhattan Brooklyn and Queens Of the three boroughs youre …

By Jennifer White Karp |February 13, 2020 - 10:00AM
A renovated Tribeca penthouse for $13,950,000, no board approval required

… the owner of the building You do not need board approval to buy these apartments they are often newly renovated and they … the building leases instead of owns the land it sits on Buyers are sometimes put off by these types of … door … You Might Also Like … viewbublogpanes=ymalinline   … Buy … amenities … bathroom … Co-ops … condos … doorman … …

By Austin Havens-Bowen |November 1, 2019 - 9:00AM