Legal Question in Real Estate Law in New York

I am interested in buying a landmark building in NYC.

The building has no certificate of occupancy, only one mean of egress (the main interior stair) and yet has over 5 tenants on different leases.

What is the legal situation of those tenants as there is no c of o:

rent stabilized because it is a pre-38 building and they have been paying rent?

illegal contract - should not be there/can be evicted - because there is no c.o.?

depends on the type of contract they signed with the landlord originally?

What are their rights? What would be my potential obligations?

thank you


Asked on 6/16/12, 4:57 pm

1 Answer from Attorneys
Thomas Sirianni The Law Office of Thomas A. Sirianni

Thank you for submitting your question. In order to advise you regarding your issue, I will need more detailed information. Please feel free to give me a call anytime on my cell at 516-314-1343 so that we can discuss the particulars regarding your inquiry.

I look forward to hearing from you.

Tommy A. Sirianni, Esq.

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Answered on 6/18/12, 10:38 am


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