By Dov Treiman Q. I am 77 years old and rent an apartment. If I move before the lease expires, am I liable to pay the balance of rent for the entire lease period? Is there an exception for elderly tenants?
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A Burning Issue: Smoking Bans in Private Apartments?
By Hillary Pember The late 1990s saw a surge of nationwide smoking restrictions put into effect. State by state, legislation banning smoking in various settings was proposed and passed into law. With varying amounts of resistance and controversy, workplaces, shops, theaters, restaurants and bars in a growing number of cities—including New York City—all went smoke-free. More Full Article…
6 Signs You Should Never Be a Landlord
By Kathy Kristof Wondering whether you can make a fortune in rental real estate? With real estate prices and interest rates in the basement, the opportunities for landlords look mouthwatering. Buying the right property at the right price allows you to generate long-term profits — maybe even short-term income– with a minimum of cash. That Full Article…
Q & A：A Big Jump in the Rent, The New York Times
Q. I signed a two-year lease for an unregulated apartment in Brooklyn in 2010. The management company recently sent a lease renewal, and has increased the rent by 12.5 percent. This seems an excessively high increase, and I cannot believe this represents true market rate. Is there anything I can do if the management company Full Article…
Q & A: Rent-Controlled Tenant in a Condo Conversion The New York Times
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…
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…
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