3 ms·
Landlords would jump to sell their rent-controlled buildings to developers who are champing at the bit. This is wishful thinking, on a number of fronts. For e
by drugme 8y ago
Landlords would jump to sell their rent-controlled buildings to developers who are champing at the bit.
This is wishful thinking, on a number of fronts.
For example one does not simply "sell" (meaning, in the context of proposed redevelopment: purge all the tenants from) a rent-controlled building in NYC. Or even an existing coop or condo building, for example.