Ad
related to: tenant lawyer nyc cost of monthly expenses for landlords property for sale
Search results
Results From The WOW.Com Content Network
NEW YORK (AP) — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to ...
People gather outside of City Hall for a rally in support of the FARE Act ahead of a City Council meeting, Wednesday, Nov. 13, 2024, in New York.
In 1981, The New York Times cited that "city housing officials estimate that 300-some buildings" were in the program. [ 1 ] While a building is under 7A, since "rents are going toward repairs, landlords must make tax and mortgage payments from other income during this period."
Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
After the 2018 elections – in which Democrats took control of the New York State Senate for the first time in a decade and just the third time in 50 years [2] – momentum began on behalf of changes to landlord-tenant law. [3] [4] Eventually, a package of nine bills emerged which incorporated a large number of proposed changes. [5]
The newest New York State anti-eviction laws brought much needed relief to tenants shell-shocked by financial hardships wrought by COVID, but some mom-and-pop landlords worry those measures may ...
With the passing of the New York's Housing Stability and Tenant Protection Act of 2019, landlords are no longer able to legally increase rent upon vacancy in rent stabilized units; previously, landlords were legally allowed to raise rents up to 20% between tenants to recoup construction cost.
After the sale, the 11 unit owners received letters saying that they or their lenders would each receive between $31,000 and $34,219 for the sale of their units.