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Safehold has created a modern ground lease structure that provides long-term, cost-efficient capital that can be used throughout the duration of the project.
Without critical protections, ground lease co-op residents are left vulnerable to exploitation, including the looming threat of displacement.
More than 25,000 residents of New York’s ground lease cooperative apartments say they risk eviction as many decades-long leases approach their expiration dates.
New York State lawmakers advanced a measure that would set new rules for ground lease co-ops that are deconverted. REBNY opposes the measure.
After a long fight, the fate of the ground lease rent at the Carnegie House co-op at 100 West 57th Street is heading to arbitration.
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‘That’s not fair at all’: New York City ground lease co-op ...
Tenants in New York City’s ground lease co-ops are sounding the alarm as they face increasing uncertainty over their homes. At Mainstay Co-op in Flushing, residents own and maintain their ...
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