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Posted by Lilly Thall on May 09, 1998 at 08:37:03:

In Reply to: corporate apartment posted by Jeremy on April 19, 1998 at 22:00:18:

: If I own a corporation which is a tenant on a rent stabilized lease, can I sell
: sell the shares of the corporation a. without the Landlord's consent assuming
: there is no prohibition in the Lease an the sale of the shares and b. will
: the corporation maintain its rent stabilized status.

You must have a stupid landlord to let you get away with that.
Corporations cannot be stabilized; individual tenants are.

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Comments:
: : If I own a corporation which is a tenant on a rent stabilized lease, can I sell
: : sell the shares of the corporation  a. without the Landlord's consent assuming
: : there is no prohibition in the Lease an the sale of the shares  and b. will
: : the corporation maintain its rent stabilized status.

: You must have a stupid landlord to let you get away with that.
: Corporations cannot be stabilized; individual tenants are.



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