Why sell when you can ground lease?
In the simplest form, a ground lease is a long term net lease (usually 49 to 99 years) of land including any said improvements to said land. Assets that can be subject to a ground lease include but are not limited to, vacant land, office buildings, and large residential buildings. There are many benefits for both the owner/lessor and the tenants/lessee. To learn more about ground leasing and to receive a complimentary property evaluation today go to: GroundLease.NYC