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Mgt Co is changing leases fron annual to monthly

Posted by John on August 20, 2001 at 11:09:24:

Help...I need some info......I live in a Bldg in yonkers, ny. When I moved in about 10 months ago I was given a one year lease, and apon reneweal I could opt to have a two year lease. The Blg is a coop and aprx 55% is owned and the rest are rental units by the mgt co. I have receieved notices that when my lease expires in Oct I will have to go to month to month (actual all tenents when thier lease expires will go to a month to month. Can they do that, what can I or my neighbors do. They are offering a 1 0r 2 year lease on my parking spot.....I would buy the apartment, pening the price....but I would appreciate anyones advise on what I can do or even if this can be done to the tenents in my building.....some of these tenents have been in the blgd for over 20 years

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