Understanding Land Lease Buildings in NYC: Risks, Opportunities, and Due Diligence
Jul 06, 2023 brooklyn real estate,brooklyn realty,landleases,leaserenewal,new york,newyorkcityrealestate
Land lease buildings in New York City offer unique opportunities for savvy buyers, as they typically trade at a discounted price due to the uncertainties associated with lease renewals. Understanding the implications when a land lease expires is crucial for buyers, and working with an experienced buyer’s agent can provide valuable insights into this matter. […]