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

… a handful of New York City landlease coop buildings from rent hikes on the land beneath their buildings The two bills would cover the 100 or so NYC coops that sit on top of land they dont own but instead rent from landowners through a ground lease If passed the …

By Celia Young |May 15, 2024 - 12:30PM