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

… has a landlease but because developer Extell  prepaid the purchase option buyers face no threat of sudden or …

By Mimi OConnor |January 9, 2019 - 3:00PM
A Park Avenue one bedroom for under $500,000, but there's a catch

… the land the building sits on which makes it a riskier purchase  But whats the apartment like Its very handsome …

By Mimi OConnor |December 10, 2018 - 12:00PM
A Midtown co-op bucks the trend and sees many of its listings go on sale—thanks to a looming land lease

… would be passed onto shareholders If you get a cheap enough purchase price it may more than compensate you for the …

By BrickUnderground |September 2, 2015 - 12:59PM
A large, affordable family home on the Upper East Side—with a catch (natch)

… of tens of millions of dollars so while the apartments purchase price is low about a quarter the cost of similar …

By Jennifer Laing |October 28, 2014 - 2:59PM