Brick Underground's best advice about buying in a landlease building

… a small fraction of buildings throughout New York City with about 100 located in Manhattan our president is a fan and … when looking at the building People do ask about it and its an education process with them and their … … landlease … luxury … Brick Undergrounds best advice about buying in a landlease building …

By Mimi OConnor |January 9, 2019 - 3:00PM
Trump Plaza debacle—a cautionary tale for co-op buyers?

… residents of the Lenox Hill coop tower had two choices buy the land or face steep rent increases from a more profitminded new owner Either option would have upped … since theyll be regular coops But this is the danger of buying in such a building called a  landlease because the …

By Leigh Kamping-Carder |November 13, 2014 - 1:15PM
Trump Plaza residents are facing a landlease's worst case scenario (and sky high bills)

… News reports leaving residents with two bad options buy the land themselves or face sizable rent increases from … the interest of illuminating exactly what it might mean to buy a landlease coop lets see how both options break down … opportunistic investor buys the land will probably be way more aggressive about the rent reset than either an estate …

By Leigh Kamping-Carder |November 7, 2014 - 11:59AM