Legal Question in Landlord & Tenant Law in New York

I recently acquired a lease of a property for five years. In the property I have a small bakery. I am the only occupant in the small building. Two days ago the property was sold to a new owner and I still have four years and a few months in the lease. I would like to know my rights just in case the new landlord would like to raise the rent or try to cancel the lease.

Kind regards,

Dolores Cosme


Asked on 9/25/10, 9:47 pm

1 Answer from Attorneys

Michael Markowitz Michael A. Markowitz, PC

The new landlord must honor the lease.

Mike.

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Answered on 10/01/10, 5:06 am


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