NYC real estatefromAol16 hours agoResidents of NYC co-op facing 450% rent hike could lose homes amid market 'craziness' - how an ownership quirk hurt themLong-term ground leases can lead to dramatic rent increases, threatening affordability and stability for co-op residents.
fromMoneywise1 day agoResidents of NYC co-op facing 450% rent hike say they could lose their homes amid market 'craziness' - how a once-beneficial ownership quirk hurt themIf the lease tenants can't pay the new rent, the building could go into default and residents would lose all equity in their homes.NYC real estate
Digital lifefromwww.nytimes.com9 months agoA Wrestling Match Over Control of the Chrysler BuildingThe Chrysler Building's owners face eviction due to unpaid ground lease rent amid financial issues.