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Martin Baxter
 
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Default OT NYC Apartment Question


Not being from NYC (although I have visited), I don't know how the apartment thing works there. Does one have to buy the right to rent an apartment
there from the previous tenent?

Cheers
Marty

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SAIL LOCO
 
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Not being from NYC (although I have visited), I don't know how the apartment
thing works there. Does one have to buy the right to rent an apartment
there from the previous tenent?.

Since there are no houses in the city the commoners were convinced a long time
ago that buying a little apartment in a big building was the thing to do.
Intellegent New Yorkers still buy houses in the city called brownstones. They
cost a pile of money but at least you still own your own house.
S/V Express 30 "Ringmaster"
"Trains are a winter sport"
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Martin Baxter
 
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SAIL LOCO wrote:
Not being from NYC (although I have visited), I don't know how the apartment
thing works there. Does one have to buy the right to rent an apartment
there from the previous tenent?.

Since there are no houses in the city the commoners were convinced a long time
ago that buying a little apartment in a big building was the thing to do.
Intellegent New Yorkers still buy houses in the city called brownstones. They
cost a pile of money but at least you still own your own house.
S/V Express 30 "Ringmaster"
"Trains are a winter sport"


Doesn't this mean "Condominium"? What's the difference between buying a condo and buying an
apartment?

Cheers
Marty

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gonefishiing
 
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2 forms exist
condo and co-op
they are different in terms of organization
gf.



"Martin Baxter" wrote in message
...
SAIL LOCO wrote:
Not being from NYC (although I have visited), I don't know how the

apartment
thing works there. Does one have to buy the right to rent an apartment
there from the previous tenent?.

Since there are no houses in the city the commoners were convinced a

long time
ago that buying a little apartment in a big building was the thing to

do.
Intellegent New Yorkers still buy houses in the city called brownstones.

They
cost a pile of money but at least you still own your own house.
S/V Express 30 "Ringmaster"
"Trains are a winter sport"


Doesn't this mean "Condominium"? What's the difference between buying a

condo and buying an
apartment?

Cheers
Marty



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Bobsprit
 
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2 forms exist
condo and co-op
they are different in terms of organization

You only own shares in a co-op. Condo is better because you have more legal
rights as to how you can modify the space...in most cases.

RB


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JAXAshby
 
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co-ops are an issue of the long ago past. they still exist, but for all
practical purposes are like buggy whips.

2 forms exist
condo and co-op
they are different in terms of organization
gf.



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Vito
 
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New one.

What effect would it have on the USA as a whole if NYC was utterly destroyed
by terrorist WMDs?

What about DC?

Think carefully ....


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Horvath
 
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On Wed, 6 Oct 2004 12:09:04 -0400, "Vito" wrote
this crap:

New one.

What effect would it have on the USA as a whole if NYC was utterly destroyed
by terrorist WMDs?

What about DC?



What about you?





Pathetic Earthlings! No one can save you now!
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SAIL LOCO
 
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Doesn't this mean "Condominium"? What's the difference between buying a
condo and buying an
apartment?

I could never figure that out myself.
S/V Express 30 "Ringmaster"
"Trains are a winter sport"
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Vito
 
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"SAIL LOCO" wrote

Since there are no houses in the city the commoners were convinced a long

time
ago that buying a little apartment in a big building was the thing to do.


Yup, by the IRS. Interest on the mortgage is deductable, rent is not, making
it wise to buy and pay interest vs rent.




 
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