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Sounds like LL doesn't really want to sell

Posted by MikeW on August 10, 2000 at 12:31:56:

In Reply to: Form tenant assoc. and make the landlord an offer. posted by John on August 09, 2000 at 09:33:43:

Alot of LL converted building back in the 80s not because they wanted to sell out, but because they could essentially get vacancy decontrol one the building was converted. That is what this situation sounds like.

The tenant association does sound like a good idea, if for no other reason than to pool resources to hire a lawyer. This sounds like a very complex situation, and a lawyer is going to be necessary to figure it out.

: Try having a meeting with the other tenants and see if they are willing to purchase their apartments from the landlord? If the will is there than as a tenants association your building would be in a better position to elect leaders, co-op board members, etc. After the transaction is done.

: What is the landlord waiting for? Offer to buy him out.

: good luck

: : Building filed for co-op in 1987, no units were ever sold. 2000, not one unit ever sold and they say that the building is still Co-op but the landlord says that it is not a co-op. Eight Units in buildings, building is owned by one person, this is not a CO-OP nor will it be co-op because it is in a supposed " Court Action" -Landlord is handing out 2-5 family unit leases for this eight unti building.

: : We went to the OAGs office and they said that any building that went co-op that failed to sell any apartments ( within a certain period of time) would convert back to it's prior status. Rent Controlled was the privious status but we are in a grey area as other landlords are doing this as a form of practice to deregulate apartments and get more money from the tenants.

: : What agencies could assit the tenants in this building and how can we, the residents of 1163 prospect ave go to get a definitive answer on these question as the OAGs office was very scarce with the info but we have scheduled a review of the amendment to the CO-OP plan and we are currently are researching the deed and tax info at the muni building in Downtown Brooklyn.

: : Any Ideas, advice or groups that would eat this up

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