#1
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Who owns this building?
http://www.nypost.com/seven/03262007/new...las_montero.htm
You know what I think. I would like to hear somebody try to justify the city taking it over and selling it. |
#2
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Re: Who owns this building?
The city doesn't own it now. If you mean 'justify the city taking it over in the 80's', a landlord who illegally rented out his old factory to tenants then abandoned the building (most likely, not paying any taxes, either) rather than spend money on fire safety. I don't see why that'd be a problem.
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#3
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Re: Who owns this building?
you are correct, the money and time put into the building by the tenants means nothing.
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#4
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Re: Who owns this building?
The tenants should have the right of use, but the building will be stolen from them. |
#5
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Re: Who owns this building?
[ QUOTE ]
The city doesn't own it now. If you mean 'justify the city taking it over in the 80's', a landlord who illegally rented out his old factory to tenants then abandoned the building (most likely, not paying any taxes, either) rather than spend money on fire safety. I don't see why that'd be a problem. [/ QUOTE ] If the former owner abandoned it, then I don't see who could possibly have a more legitimate claim to the building than the current residents. |
#6
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Re: Who owns this building?
Re: Who owns this building?
Alan Luckner. Easy as it gets. Reading comprehension FTW. |
#7
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Re: Who owns this building?
[ QUOTE ]
Re: Who owns this building? Alan Luckner. Easy as it gets. Reading comprehension FTW. [/ QUOTE ] Do you think that the city ever had rightful ownership? |
#8
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Re: Who owns this building?
[ QUOTE ]
[ QUOTE ] Re: Who owns this building? Alan Luckner. Easy as it gets. Reading comprehension FTW. [/ QUOTE ] Do you think that the city ever had rightful ownership? [/ QUOTE ] A bank makes me a loan to buy a house. I buy the house, then rent it out to A, who sends me a check each month. I have no further contact with A or the house. Ten years later, I default on my mortgage and walk away from the property. The bank forecloses and the renter gets an eviction notice, but doesn't comply with it because he claims cleaning it and fixing the boiler out of his own pocket makes it his house. Who owns the house? The main difference between this hypo and the OP is that 1)renting out the house was illegal in the first place, and 2)the landlord walked away (and presumably didn't pay taxes <---- city puts a lien on the property and takes it over) rather than fix the place up to comply with the amnesty law. |
#9
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Re: Who owns this building?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Re: Who owns this building? Alan Luckner. Easy as it gets. Reading comprehension FTW. [/ QUOTE ] Do you think that the city ever had rightful ownership? [/ QUOTE ] A bank makes me a loan to buy a house. I buy the house, then rent it out to A, who sends me a check each month. I have no further contact with A or the house. Ten years later, I default on my mortgage and walk away from the property. The bank forecloses and the renter gets an eviction notice, but doesn't comply with it because he claims cleaning it and fixing the boiler out of his own pocket makes it his house. Who owns the house? The main difference between this hypo and the OP is that 1)renting out the house was illegal in the first place, and 2)the landlord walked away (and presumably didn't pay taxes <---- city puts a lien on the property and takes it over) rather than fix the place up to comply with the amnesty law. [/ QUOTE ] I intentionally used the word "rightful" instead of "lawful". I understand your position. |
#10
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Re: Who owns this building?
[ QUOTE ]
I intentionally used the word "rightful" instead of "lawful". I understand your position. [/ QUOTE ] I understand yours, too, but this isn't even an AC thing. The city is essentially the same thing as a foreclosing bank here, so would you react differently if a bank took over? |
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