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Ground Lease Vs. Land Lease - Peter Zinkovetsky
From Avenue Law Firm – Ground Lease Vs. Land Lease explores the often-confusing world of long-term real-estate leases in New York, unpacking the intricacies of ground leases and land leases to help investors, developers, building owners and lessees make sense of their options. In the first segment, we dive into what a ground lease really is — how the landowner leases the land for decades (typically 50–99 years), how tenants can build on the land, and how ownership of the improvements may differ from land ownership. Then we compare it with a land lease, showing how the terms are very similar…
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