Understanding ‘succession rights,’ a complex issue for rent-regulated tenants

… everything else in New York inheriting a rentstabilized or controlled apartment isnt straightforward Succession … Justin Brasch   He suggested sending a letter via certified mail to the landlordideally before your relative moves … paper trail documenting your residence such as by receiving mail credit card statements and bills at that address and …

By Celia Young |January 9, 2024 - 11:00AM
What are land-lease buildings? Are they common in NYC?

… majority of residential buildings in New York City own the land they sit on but a tiny percentage rent the land from … Stone has also taught real estate classes on the subject for years  These buildings are mostly in Manhattan namely on … from the property without having to take a tax hit from the sale of the property Sanders says Due to the unusual nature …

By Evelyn Battaglia |December 4, 2023 - 12:30PM