Posted by Stephanie Guarneri on March 19, 2001 at 13:04:52:
I have been renting my aparment with my husband in the West Village for 4 years. The rent has been steadily increasing by 5% every year unitl last year where it jumped by 15%. We have a 1 year renewable lease. Our building has about 100 apartments and is owned by a Management Company.
We would like to buy the apartment but the owner (a Management Company) tells us that it is not for sale, because it is a rental building.
What are the laws applying to rental buildings? Are there really no way to buy this apartment. How would we go about making them an offer.
Note: Posting is disabled in all archives
Post a Followup