Leases on a rented apartment in NY State?

Question

My building is being sold, and I have a 1 year lease, which has 6 months left on it. If the building sells, and the new owner wants to break my lease, can they? What rights would I have?

Answer 1

Your lease is legally binding to the new owner. You can't break it if ownership changes (unless it is stated in your lease).

Do yourself a favor and get friendly with the new owner, as he will be your new landlord for the next 6 months.