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NY state legislators propose bills to protect land-lease co-ops from land rent hikes
… ground rent increases to 3 percent or the consumer price index whichever is greater As these leases expire the people … coops are rare in NYC and tend to be a risky bargain for buyers When a years or decadeslong landlease is up the land … would likely face legal challenges said Anita Laremont a partner and landuse attorney at the law firm Fried Frank She …
