What are land-lease buildings? Are they common in NYC?

… rent the land from someone else These are called landlease or groundlease buildings yet another quirk of NYC real estate that buyers need to be aware of  In a lot of ways a land lease is just like … leases  Quay agrees saying he works with buyers as they see how the deal is set up through the offering plan and the …

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