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Old and New Loft Law Rules: What You Need to Know

January 20, 2016 By Adam Leitman Bailey and Dov Treiman   Q: What is a loft? A: The word “loft” has no legal meaning. The word “loft” is used in several laws and in the naming of The New York City Loft Board which was set up for the purpose of taking illegal residential tenancies  Full Article…

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Understanding Single-Room Occupancy Laws

February 10, 2016 Single-room occupancy housing, or more commonly called SROs, exist throughout New York City. When purchasing such a dwelling without the proper paperwork, you will not be able to obtain a permit to do renovations, a buyer cannot evict the residents who are rent-regulated tenants, and the owner may be required to maintain  Full Article…

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Understanding Single-Room Occupancy Laws

February 10, 2016 Single-room occupancy housing, or more commonly called SROs, exist throughout New York City. When purchasing such a dwelling without the proper paperwork, you will not be able to obtain a permit to do renovations, a buyer cannot evict the residents who are rent-regulated tenants, and the owner may be required to maintain  Full Article…

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Understanding Single-Room Occupancy Laws

February 3, 2016 Single-room occupancy housing, or more commonly called SROs, exist throughout New York City. When purchasing such a dwelling without the proper paperwork, you will not be able to obtain a permit to do renovations, a buyer cannot evict the residents who are rent-regulated tenants, and the owner may be required to maintain  Full Article…

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Old and New Loft Law Rules: What You Need to Know

By Adam Leitman Bailey and Dov Treiman Q: What is a loft? A: The word “loft” has no legal meaning. The word “loft” is used in several laws and in the naming of The New York City Loft Board which was set up for the purpose of taking illegal residential tenancies in buildings that were  Full Article…

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Important Questions and Answers on the New and Old Rules of the Loft Law

Fall 2015 By Adam Leitman Bailey and Dov Treiman   Q1. What is a loft? A1. The word “loft” has no legal meaning. The word “loft” is used in several laws and in the naming of The New York City Loft Board which was set up for the purpose of taking illegal residential tenancies in  Full Article…

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“Q & A: Buying Out a Stabilized Tenant”, The New York Times

By Adam Leitman Bailey September 29th, 2011 Q.  I am considering buying a rent-stabilized apartment from the sponsor of a converted building. The current tenant said she was willing to vacate the unit provided I bought her out. Is there any mechanism to make sure the tenant will vacate the unit after closing once I  Full Article…

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