A Midtown co-op bucks the trend and sees many of its listings go on sale—thanks to a looming land lease

… … Neighbors … staff … A Midtown coop bucks the trend and sees many of its listings go on salethanks to a looming land …

By BrickUnderground |September 2, 2015 - 12:59PM
Trump Plaza residents are facing a landlease's worst case scenario (and sky high bills)

… land under the Lenox Hill coop tower has decided to sell it Bloomberg News reports leaving residents with two bad options buy the land themselves or face sizable rent increases from a new landlord when their lease expires … cost that would be passed on to residents and likely take years to pay off In that scenario each shareholder …

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