In addition to using the buildings as storage sheds, Quisenberry said that ... payoff penalty if the buyer decides to pay off a rent-to-own purchased building,” Quisenberry said.

A nonprofit says it can no longer afford to own rent-stabilized housing. Brooklyn-based Food First aims to sell over 20 apartment buildings across Brooklyn and the Bronx in auctions this week.

Rent-to-own deals are nothing new. These transactions, in which a portion of the buyer’s monthly rent payment is ultimately applied toward a down payment, traditionally have been used by home ...

She knew how critical rent-controlled apartments were for ... They want working-class tenants to own their buildings, so that they have stability and are the ones making decisions about how ...