co-op studio with proprietary lease expiration 2037

[Ryan Still]

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...