Tontines may make sense despite their history of disrepute

Re:Tontines may make sense despite their history of disrepute by akgerber on Wednesday June 08, 2016 @11:33AM (#11862906)

This also happens in New York— one can buy an apartment with a rent-stabilized tenant in a building which has been converted to a coop. The tenant has a right to lease renewals until they die (and any family living with them at time of death has a right to lease renewals as well).

Here is one: http://streeteasy.com/building/243-west-98-street-new_york/7...

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Re:Tontines may make sense despite their history of disrepute by mzd348 on Wednesday June 08, 2016 @01:24PM (#11863890)

I'd be suspicious of a building that uses Comic Sans on its awning.

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