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Updated over 10 years ago on . Most recent reply

Ryan Still's profile image
Ryan Still's profile image
Ryan Still
  • from New York City, New York
  • Member since Sep 21, 2014
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Ryan Still's profile image
Ryan Still's profile image
Ryan Still
  • from New York City, New York
  • Member since Sep 21, 2014
Connect
Ryan Still
  • New York City, NY
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Buying & Selling Real Estate

co-op studio with proprietary lease expiration 2037

Ryan Still
  • New York City, NY
Posted

I won the bidding war but my real estate attorney just found out this co-op unit has a proprietary lease expiration date in 2037. They did not suggest that I move forward if expiration date within a 30yr window.

What should I do now? I like the unit but don't know what will happen after proprietary lease expires. 

167 Perry Street #5J NYC

http://streeteasy.com/building/167-perry-street-ne...

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