The linked article-essay from Friday's CRAINS New York Business, "Commercial Rent Control Bill Threatens 100,000 Households," may be of interest to you or those you know who own co-op or condo units in buildings with ground-floor retail spaces that help pay building expenses, or which the unit-owners need to control for quality-of-life issues. The proposed legislation would restrict those abilities, according to the piece.
Please feel free to forward to anyone who might benefit, and please do not hesitate to contact me with any general or specific questions about buying or selling homes or investment properties in New York City.
Have a great week!
Associate Broker - CitiHabitats
917-538-4516 / JMolishever@Citi-Habitats.com
I always strive to cause your friends to thank you for referring me.
Associate Broker - Platinum Award
387 Park Avenue South 4th Floor New York, NY 10016
Real estate agents affiliated with Citi Habitats are independent contractor sales associates and are not employees of Citi Habitats. Citi Habitats is a licensed real estate broker located at 387 Park Avenue South, NY, NY 10016. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Citi Habitats makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. All dimensions provided are approximate. To obtain exact dimensions, Citi Habitats advises you to hire a qualified architect or engineer. This is not intended to solicit property already listed. Equal Housing Opportunity.