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

New legislationspurred by a coop in crisis on Billionaires … a handful of New York City landlease coop buildings from rent hikes on the land beneath their buildings The two bills … 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