Skip Navigation
StreetEasy

190 East 72nd Street

Started by nycperson
over 15 years ago
Posts: 9
Member since: Jan 2009
Discussion about
does anyone know why the maintenance at this bldg has sharply risen?
Response by er1to9
over 15 years ago
Posts: 374
Member since: Mar 2007

Is the building a land lease?

Ignored comment. Unhide
Response by NWT
over 15 years ago
Posts: 6643
Member since: Sep 2008

Yes. See http://streeteasy.com/nyc/talk/discussion/18999-is-this-a-land-lease-building

Ignored comment. Unhide
Response by nycperson
over 15 years ago
Posts: 9
Member since: Jan 2009

yes. the maintenance has risen and the the property values have decreased in response. i am curious if anyone knows for a fact if the land lease cost has increased dramatically.

Ignored comment. Unhide
Response by nycperson
over 15 years ago
Posts: 9
Member since: Jan 2009

thx.

Ignored comment. Unhide
Response by RHODIA
almost 15 years ago
Posts: 12
Member since: Mar 2011

The land is leased! they just negotiated the deal for the next 50 years the value of the apartments dropped because the maintenance is thru the roof

Ignored comment. Unhide

Add Your Comment

Most popular

  1. Leveling floors
    20 Comments
  2. sub tenant in place
    13 Comments
  3. Waldorf Astoria for sale
    38 Comments
  4. Are there any post-election fire sales?
    13 Comments
  5. Beautiful Fake Reno
    19 Comments