By Adam Leitman Bailey and Dov Treiman According to an ancient truism, “you can’t fight city hall.” In the old days, that was true. Particularly when it came to public works projects, if the city wanted to do it, there was no one to say “no,” except at the ballot box, when it was generally Full Article…
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Use Six Arguments to Beat Sanitation Violations
One big headache for many owners is getting hit with violations from the city’s Department of Sanitation (DOS). These violations include not keeping the sidewalk in front of your building clean, not sweeping 18 inches into the street, and not properly maintaining garbage receptacles. And now that DOS has raised the minimum base fine for Full Article…
Some Buyers Regret Not Asking: Anyone Die Here? The New York Times
By Stephanie Rosenbloom …Just as in New York, sellers in New Jersey are not required to tell buyers about a death on a property, or a rumor of a haunted house. “If it doesn’t harm the property, under no circumstances do you have to report it,” said Adam Leitman Bailey, who practices real estate law Full Article…
Q & A: When a Super Is a Requirement, The New York Times
By Adam Leitman Bailey Q. Is there a New York City law that a co-op building must have a specific number of units to necessitate a live-in superintendent?
Q & A: Elderly Tenants Breaking Leases, The New York Times
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?
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…