Q: I’ve been renting an apartment in a doorman co-op building in Manhattan for almost two years. My lease expires soon, and as per co-op board policy, it cannot be renewed. (The board already rejected my lease extension request). My landlord, the owner of the unit, lives abroad and she does not want to sell the apartment. So, we have been discussing another option: I continue to rent from her under the table after my lease expires. What do you think about this idea? What is the worst case scenario? Is it a risk worth taking?
A: This is not advisable, particularly for your landlord, who is a shareholder in the co-op. The co-op board has many tools at its disposal to make her life miserable.
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