landlease

… Rowwould protect a handful of New York City landlease coop buildings from rent hikes on the land beneath their … hope that legislation will do what the courts didnt You have a situation where the rent is going to go to an … next highest tower on Billionaires Row and how much they can charge per square foot on a new unit … You Might Also …

… by someone else coop shareholders pay a portion of the land rent to the owner which is usually incorporated into their monthly fees Pro Tip … Dont be afraid of coops in NYC … Coops are generally 10 less expensive than condos … risksthat the coop is vulnerable to a spike in the cost of renting the land that their asset occupies says Gordon …