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In The News: Landlords Challenge Constitutionality of Rent Control

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…

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5 Smart Things to Do If You Inherit Property on Long Island

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…

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What Are The Differences Between a Co-op and a Condo?

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…

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What Landlords Need to Know About Subleasing

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.…

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What to Do If Your Long Island Landlord Won’t Make Necessary Repairs

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…

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To Disclose or Not to Disclose: What’s the Smarter Move?

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…

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5 Protections a Landlord Wants in Any Long Island Lease

Landlords of commercial property are typically the more sophisticated party when it comes to Long Island lease agreements. Yet, even landlords that have negotiated dozens of lease agreements and worked with several tenants can miss or mistake key clauses in a Long Island lease. Whether you are tackling your first lease or your fiftieth, here…

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