There are some restrictions on maximum combined loan to values and occupancy type for secondary and third lien positions that will need to meet lender guidelines. 

@Robert EllisAsk your property manager to get feed back following showings.Do you have any restrictions for tenants like pets?

I keep seeing posts about HB 24-1098 which severely restricts a landlords ability to evict non paying tenants or restricting folks on rental assistance from the government.  

They typically have other restrictions like 20ac minimum for lots or existing farm houses, etc.

They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.

Currently the pilot areas are restricted to designated pilots on the North, Northwest, West, South and Southeast sides. 

Financing a park model home and land under an LLC for Airbnb purposes can be a bit tricky due to certain restrictions and preferences of lenders.

However, future rights can vary.Key Lease Terms to ReviewTo determine the specifics of your lease, look for the following clauses or terms in the lease agreement:Assignment and Subletting:Check if the lease allows for the assignment or subletting of the tower space to new carriers.Look for language such as "the right to sublease or assign" or any restrictions on adding new tenants.Scope of Lease:Determine whether the lease explicitly states it covers only the equipment and tenants present at the time of the agreement.Phrases like "existing tenants" or "as of the date of this agreement" can be indicators.

This could also mean making decisions that allow your business to operate independently from restrictive partnerships, heavy reliance on a single client, or dependence on specific market conditions.

Consider using tools or software for property management that can help to automate the procedure.In the Bronx, become familiar with the zoning and leasing restrictions.