Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

170
Posts
11
Votes
James W.
  • Jersey City, NJ
11
Votes |
170
Posts

Eviction in Manhattan - Rent Controlled/ Stabilized properties.

James W.
  • Jersey City, NJ
Posted

Hi-

It seems there are these rent stabilized/ controlled properties in NYC/ Manhattan, where the tenant cannot be evicted by landlord. There're no exception clauses really, perhaps except if landlord is going to live there, and that too, with a pressing need.

1 - A quick Google says yes it is - but i'll still ask - is this correct?

2 - Does this mean not to buy occupied properties in NYC for a flip? Its never going to be evicted.

3 - Is there a way to tell if the Occupant is a Tenant, or the Owner? 

Evicting the owner should be different and perhaps simpler, I suppose?

Has anyone had experience in buying Occupied in NYC, and evicting the tenant?

Loading replies...