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

… an elderly family member living in that most coveted of New York City apartments the rentregulated unit When they … determining eligibility the amount of time a family member lives with the original tenant in the apartment Editors Note … lease says attorney Justin Brasch   He suggested sending a letter via certified mail to the landlordideally before your …

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

… The vast majority of residential buildings in New York City own the land they sit on but a tiny percentage … that lease their sites from NYC and buildings such as Quay Tower in Brooklyn Heights Instead of paying property taxes … of where a coop has been able to buy the land including at Trump Plaza but there are just as many others where the …

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