Spurred by recent changes in New York state law that offer tenants an unprecedented level of protection from rent hikes and destabilization efforts, some landlords have launched a lawsuit they hope will go all the way to the Supreme Court. Battles over the law and its effects have been divisive. Landlords feel it has dismantled…

Inheriting a property is often a bittersweet proposition for more than one reason. The most obvious is that you’ve lost a loved one. The less obvious reason is that while inheriting property can represent a windfall, it also adds a lot of complications you may not have been prepared to deal with. It’s important to…

On June 14 of this year, Governor Cuomo signed the Housing Stability and Tenant Protection Act of 2019 into law. This bill creates big changes for landlords and new protections for tenants. It even creates protections for those who live in mobile home parks. Here’s what the law does. Ends Big Rent Increases in Regulated…

Here in Long Island many people have the option of either purchasing a condominium or getting involved with a co-op. When you’re trying to decide how you’re going to spend your real estate money it’s vital for you to know the difference between the two. Each type of property comes with its own expenses and…

In New York, there’s a lot of confusion about marijuana laws. There is a big push to legalize, and possessing less than 25 grams has been decriminalized. The public’s sentiment has shifted. For many, marijuana is no big deal. Medical marijuana is legal, with restrictions, in New York. Pot is still illegal at the federal…

Subleasing is a sticky subject with many landlords. It can feel like a risk. You go through all the work of vetting a tenant, only for some third party to get involved. But residential landlords on Long Island can’t deny tenants the right to sublet. At least, not if you have more than four units.…

It’s an age-old problem between landlords and tenants. Something breaks. The tenant tries to get it fixed. The landlord takes his or her sweet time about it. But what can you actually do when this problem arises? You have rights, but actually getting the problem fixed isn’t necessarily straightforward. Know what falls under the “Warranty…

It’s natural to want to put your property in the best possible light when you go to sell. In addition to feeling some embarrassment over problems your home might have, you may be worried you won’t be able to sell the property at all if you tell potential buyers all about the problems the structure…

Being a landlord can be incredibly lucrative, but it can also be a risk. There are thousands of blog posts, articles, and forum posts out there about landlords who get into their property only to find it has sustained damage well in excess of expectations. There are even tenants who damage the property on purpose…