Legal Question in Real Estate Law in New York
co-op subleasing
My husband and I own a co-op in manhattan. Recently the co-op agent sent a letter saying that tenants were not allowed to sublease anymore due to quota being filled. My husband's company now wants to second my husband to London for two years. I called up co-op agent and they said there was nothing we could do about it apart from put our names on waiting list or sell the apartment, or leave the apartment empty. Is there any way we can sublease? Thanks
2 Answers from Attorneys
Re: co-op subleasing
This area of law is our specialty, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.
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Re: co-op subleasing
In this case an attorney should review all the regulations issued by the Board of your co-op and all the by-laws in order to determine whether you have a right to sublease or not.
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