Brokers say NY bill revealing LLC owners to the public would chill sales

… the state law is too broad and would encourage wouldbe NYC buyers to look elsewhere Nikki Field a broker at  … the New York state bill casts an unnecessarily broad net Most buyers are not using LLCs specifically to do money … of buying NYC real estate The bill is yet another deterrent to buying here that sends an unwelcome message Lets …

By Jennifer White Karp |December 5, 2023 - 10:00AM
I just found out my new 'landlord' doesn't actually own my apartment. What should I do?

… the landlord  That means the person or company that you pay rent to and contact when you have a problem is a separate … also an arrangement known as a net lease in which an owner rents out the entire property to another entity and they run … … I just learned that my new landlord isnt the owner of my rental apartment Should I be concerned How does it affect my …

By Alanna Schubach |October 26, 2020 - 1:00PM
What the law on LLC disclosure means for high-end NYC buyers and sellers

… from  upstate lawmakers wanting more transparency about who lives in a neighborhood Editors note NYC condo buyers who … may change as a result of this law Its one more reason why people might not want to buy in New York It is certainly …

By Emily Myers |October 24, 2019 - 9:00AM