(Speaking of NY quirks, although not as horrible as your experience, by any means, I just paid a fortune in a broker’s fee. Everybody I talk to thinks it’s absurd, and that I should have used Craigslist. I looked, but, in NY, that doesn’t work really well.)]]>
It is nightmarish, but that’s the way (for various reasons) New York law is (roughly, those reasons seem to be intended to prevent landlords from flushing out unwanted tenants by turning off heat, water, electricity, etc.). I have friends who bought a brownstone, but, in order to get certain tenants out, had to buy comparable apartments for the tenants, help them move, and charge roughly the same rent they were paying in the brownstone.
The lesson? Some places have laws that aren’t in other places, and it’s probably a good idea, where possible, to figure out the consequences of actions. (A few months ago, the Daily Universe had an article mocking the concept of buying and selling air rights. Basically, the student journalist couldn’t imagine why anybody would think that air rights could be bought and sold. The Salt Lake attorneys the Church hired to buy the property across the street from Lincoln Center seemed to feel the same way, and totally screwed up the purchase.)
But, in any event, congrats to your friends on buying! I don’t think we ever will be able to.]]>
already know who you are. Rusty you gave it away quite some time ago to me. And no I won’t slap you, unless we don’t sell it.]]>