By Dov Treiman Q. I live in a rent-stabilized building, but the new rent (coming up in April) is still rich for my blood. Can tenants negotiate rent-stabilized rents? Would you have a suggestion as to how to approach a landlord or management company? A. The legal stabilized rent is the maximum a landlord can Full Article…
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Q & A: Can a Landlord Raise Rents on a Sublet? The New York Times
By Dov Treiman Q. My fiancé and I are trying to sublet our furnished apartment for six months. Our lease does not expire until 2010, and we intend to return to the apartment after the six-month sublet. In seeking permission from the landlord, we were told that he would increase the subtenant’s rent by 10 Full Article…
Room to Rent: Bath Nearby, The New York Times
By Elizabeth A. Harris NO one in New York has any privacy. But would you be willing to share a bathroom with that guy down the hall to save a buck? Chester Higgins Jr./The New York Times Kaya Williams and Davin Sweeney in one of the two common kitchens in their rooming house, also in Brooklyn. Full Article…
Cooperative Foreclosure: The Accidental Doctrine
By Adam Leitman Bailey and Dov Treiman Although the lack of judicial supervision of the cooperative foreclosure process for default upon cooperative apartment mortgages vastly simplifies the lives of lenders’ counsel, under the latest changes in the foreclosure statutes, it creates a nightmare for the title industry insuring titles down the line from such a Full Article…
Q & A: Renting and Owning in the Same Building, The New York Times
By Adam Leitman Bailey Q. Is it legal to live in a rent-stabilized apartment and to also own a co-op in the same building? A. “It is perfectly legal,” said Adam Leitman Bailey, a Manhattan real estate lawyer, “Where the writer could run into problems is with the doctrine of primary residence.” He said there Full Article…
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