NYC adopts 3 new protections aimed at protecting Tenants from Landlord Buyout offers
January 30, 2017
For decades, landlords in NYC have been offering tenants buyout offers to hope they will willingly vacate their rental units. These offers are typically aimed at tenants who reside in rent-controlled or rent-stabilized units where there is a market for the landlord to charge much higher rents. The only problem is, they need the current