Dear Ms. Demeanor: My co-op board says I am on the hook for a full sublet fee even if I sell. How is that fair?

… But you do not know what will happen Even if you do find a buyer it can take a while to close the deal I would be … slow and it is taking longer than I anticipated to find a buyer My tenant is willing to stay until I sell but the …

By Dianne Ackerman |January 3, 2020 - 1:00PM
What’s a red herring notice—and why the strange name?

… In any context other than New York City residential real estate … when a landlord or sponsor wants to convert a building from rentals to condos or a coop T he initial draft of the plan … herring notice is remote Wagner says since changes to the rent laws as a result of  the Housing Stability and Tenant …

By Emily Myers |January 2, 2020 - 1:00PM