Good Cause Eviction protection stalled in the final legislative session. Here's why

… bill which would have ensured automatic lease renewals for a nearly all marketrate renters blocked major rent hikes and prevented eviction … an imperfect wayallowed for the construction of affordable housing Reforms for the program have also been sidelined  … …

By Emily Myers |June 9, 2022 - 12:30PM
My NYC landlord sent a renewal notice three months in advance. Should I renew my lease early?

… to Protect Tenants And there are also practical reasons for sending out a notice in advance Owners want to have … your lease Editors Note  Realty Bites  tackles your NYC rental questions  Have a query for our experts Drop us  … with your landlord for a lower rent or a longer lease term And if you are unsure about your plans right now you …

By Austin Havens-Bowen |June 7, 2022 - 2:30PM
My landlord wants me to vacate for a 'bank inspection.' Does this mean he's planning to sell?

… for any inspection of the apartment The fact that hes asking you to vacate for a bank inspection does indicate he … A bank inspection usually means the landlord is either selling or refinancing and trying to get another mortgage … lease And if he is in fact just refinancing the mortgage or selling the building to new management you might otherwise …

By Alanna Schubach |June 6, 2022 - 1:30PM
Renter to owner: What to know about buying the NYC apartment or townhouse you are renting

… where the renttobuy option is available when you sign a lease For example Extell the developer behind One Manhattan Square on the Lower East Side will credit a full years rent … points out is whether the rental broker involved in your original lease transaction is entitled to commission if you …

By Emily Myers |June 2, 2022 - 12:30PM