By JAY ROMANO Published: September 14, 2012 Q. What are the rights of a rent-controlled tenant who will not be buying in a building being converted to condominium ownership? Will owning a weekend home have an impact? A. Leonard H. Ritz, a Manhattan co-op and condominium lawyer, said that if this is a noneviction condominium conversion (as Full Article…
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Q & A : Breaking a Lease Over Unlivability, The New York Times
By JAY ROMANO Q I rent an apartment in a building heavily affected by the hurricane — there was no power for several days, and the management is citing extensive damage to the elevators and heating system, and cannot give any reasonable estimate as to when the building will be fit for occupancy. My apartment is on Full Article…
Five NYC Laws Your Landlord Doesn’t Want You To Know
Friday, November 16, 2012, by Jeremiah Budin As many Zone A inhabitants can surely attest to, knowing your rights as a renter is never a bad thing. But, while the Warranty of Habitability is certainly important, it’s not the only law that could come in handy for a renter. Here are five things your landlord Full Article…
Hot Real Estate Deals: The Best and Worst of 2013
by Kate Rogers | Published February 11, 2013 | FOXBusiness We may only be two months into the year, but 2013 is shaping up be a solid year for the real estate market. With record-low interest rates and other investments still on shaky ground, some experts are pointing to real estate as a prime investment Full Article…
Q. & A. : No Functioning Kitchen,The New York Times
Q. We are thinking about buying an apartment. But its kitchen has only a refrigerator; there are no cabinets, stove, counters or even a sink, just the plumbing for one. Would this be a problem for banks, and if so, what’s the minimum amount of kitchen equipment needed? A. Rosemary Liuzzo Mohamed, a Manhattan real estate lawyer, Full Article…
Q&A No Pets, No Parties–No Smoking?
Barbara Langdon and her boyfriend saw a loft for sale on West 15th Street right before Christmas and knew they’d found a winner. It was in great shape and sprawled over 2,300 square feet, just what they wanted, so they made an offer for $1.75 million that was quickly accepted. “We were excited because we’d only been looking three weeks,” Langdon remembers. Soon after, though, their broker called to convey a fussy bit of news: The coop was entirely nonsmoking, not just in common areas but also in the apartments. “That was the dealbreaker,” says Langdon—never mind that she doesn’t smoke. “How dare they tell me what to do in my own apartment.” Apparently, they Full Article…
Money (That’s What I Want),Habitat
The 16-unit East Village co-op has come a long way. Many shareholders have been there from its days as a down-and-out rental building, through its conversion to a Housing Development Fund Corporation property to the present. Now, as a strong, self-managed co-op in a hot neighborhood, the prices of apartments have skyrocketed. The shareholders are Full Article…
Q & A: Who Can Pay for a Rent Controlled Apartment? The New York Times
By Dov Treiman Q. My disabled father is a tenant in a rent-controlled building. Recently, he had a fall and was taken to the hospital. While he was in the hospital, I had to mail in his rent check. When I called the landlord to find out the address, I was told that they would Full Article…
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