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

… landlease coops in NYC and has also raised a debate over what kind of New Yorker deserves legal housing protections … … coops are rare in NYC and tend to be a risky bargain for buyers When a years or decadeslong landlease is up the land owner could jack up the rent sell it to an unknown buyer or terminate the contract and even try to evict the …

By Celia Young |May 15, 2024 - 12:30PM
From Long Island City to Brooklyn Heights: A renter upgrades to a new condo development

… placeand to make the move from renter to owner She found what she was looking for at Quay Tower a new development in … I was going to move and instead of renting I wanted to buy I was also looking to upgrade from a one bedroom to a … for $1995 million and it was accepted As a firsttime home buyer the entire process was a bit overwhelming and …

By Kelly Kreth |October 15, 2021 - 12:30PM