Shall You Buy A Unit At The Solaire | 20 River Terrace — Battery Park, Manhattan

Battery Park

Ground leases are interesting.

The leases all expire in 2069

The Solaire at 20 River Terrace ground lease

There is no automatic right of renewal.

A portion of the monthly maintenance goes towards the rent

Likely to trigger a maintenance increase for 20 River Terrace!

An illustration in numbers for 20 River Terrace

To summarize:

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