Tag: Renting

Q&A Q&A: Foreigners in Flats
2009 April Q&A: Foreigners in Flats

Q We live in a medium-sized co-op in Chelsea with seven apartments per floor. It is clear to me that a woman who lives on our floor is using one or two of her bedrooms as a bed and breakfast (B&B). She must advertise on something lik…

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Q&A Q&A: Removing Names on Stock Certificate
2009 Feb Q&A: Removing Names on Stock Certificate

Q I live in a 15-unit co-op in Queens. A single tenant owner lives in one of the apartments. She has requested, while still living here, to remove her name from the stock certificate, and replace it with her daughter’s name. Is this le…

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Board Operations Inside the New York City Loft Board
2008 Oct Inside the New York City Loft Board

Ever since New York City was New Amsterdam, landlords have made extra money by converting unused space in their buildings into residential lofts. While many apartment-seekers gravitated toward these conversions, artists, bohemians, and o…

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Q&A Q&A: Shared Living Arrangements
2008 April Q&A: Shared Living Arrangements

I have lived in a co-op for the past three years. I am planning on having my boyfriend move in with me in a few months. Are there any rules or regulations that will prevent that from happening within my co-op? —Subleasing Sh…

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Management Renter vs. Shareholder Mentality
2007 Jul Renter vs. Shareholder Mentality

When a long-time renter purchases a co-op or a condo apartment, the move is perceived as a step up. No longer are you just shelling out rent every month—you're building equity, investing in your own security. Regardless of whether your n…

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Q&A Q&A: Co-op Rules v. Sponsor Units
2007 Mar Q&A: Co-op Rules v. Sponsor Units

Q Our building is 75 percent shareholders, 25 percent sponsor units (renters). The  sponsor units fall under the Emergency Tenant Protection Act (ETPA) of 1974. My  question is, doesn’t everyone in the building, shareholders and sponsor u…

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Security Visitors and Guests
2006 Dec Visitors and Guests

In a real ad posted on craigslist, a popular website for free classified ads, someone is looking to rent out their 22nd Street apartment in Manhattan. It’s a 625-square-foot, one-bedroom apartment with a doorman, air-conditioning, laundr…

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Law & Legislation Home Sweet Home?
2006 Jun Home Sweet Home?

While most residential buildings in the city are either purely rental or purely co-op/condo, there are many co-op and condo buildings that are home to rental tenants. This usually is the result of the building converting from rental to…

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Q&A Q&A: Rental Issues in a Co-op
2006 Apr Q&A: Rental Issues in a Co-op

Q I am a rent-stabilized tenant in a co-op building. I was a tenant in the building before it became a co-op, and have had numerous problems with the owners. Currently at the top of my list is a discrepancy over my security depos…

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