Wednesday, 7 August 2019

Fantastic Leases and Where to Find Them: A guide to the mysterious world of New York’s rent-stabilized hotels

In March 2009, a Queens woman checked into the Upper West Side’s Imperial Court Hotel for 10 nights. She requested a lease from management and became a permanent tenant. Her rent? Just $99 a month. Flash forward to summer of 2015. A pair of taxi drivers checked into the Chelsea Highline Hotel for one night each, requested leases, and became permanent tenants for under $300 a month and free rent for life, respectively. And in […]



source https://therealdeal.com/2019/08/07/fantastic-leases-and-where-to-find-them-a-guide-to-the-mysterious-world-of-new-yorks-rent-stabilized-hotels/

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