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One of the most fascinating parts of a real estate lawyer's career is negotiating the selling of rights to a rent-regulated tenancy to a landlord. These deals have made tenants into multimillionaires and given landlords the ability to build high-rise buildings. Now, this symbiosis of dreaming dreams and making them come true is under threat by existing case law (discussed in last month’s blog post) and new laws already enacted and politically promised.
