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Investopedia / Tara Anand A ground lease is an agreement in which a tenant is permitted to develop a piece of property during the lease period, after which the land and all improvements are turned ...
New York lawmakers have dropped efforts to cap rent increases on ground-lease co-ops, but owners aren’t celebrating. The state legislature is instead moving forward with an amended bill that ...
Ground leases involve tenants paying rent for land while owning any buildings on it. Tenants cover costs like property taxes, insurance, and maintenance in ground leases. Landlords regain ...
State lawmakers are again attempting to pass legislation that amounts to a giveaway for wealthy real estate investors under ...
New York is in the midst of one of the most severe housing crises in history. More than 130,000 residents are experiencing homelessness in our city alone, and thousands more find themselves ...
New York continues to face a dire housing crisis. The severe shortage of affordable homes disproportionately impacts ...
More than 25K residents of New York’s ground lease cooperative apartments say they risk eviction as many decades-long leases approach their expiration dates.
There has been press recently about co-operative buildings on ground leases, where land ownership is separate from building ownership. The co-op does not own its land but “rents” it from the actual ...