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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.
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 ...
Borough Developers signed a 99-year ground lease for a corner lot in Fort Greene, Brooklyn, planning to build an 81,000-square-foot development with rentals and retail space.