Bricktionary

… A New York City condo board has limited ways to exercise control over sales in the building unlike a coop board which has much broader authority over deals But … fair market price it can lower the sales price of other apartments in the building Steven Goldschmidt director of …

… The vast majority of residential buildings in New York City own the land they sit on but a tiny percentage rent the land from someone else These are called landlease … keep the revenue stream from the property without having to take a tax hit from the sale of the property Sanders says …