How do you hand over a rent-subsidized apartment?
With all the Kofi Anan apartment scandal (click here for story) people keep asking me, “how do you hand over a rent-stabilized apartment?”
The answer is that you can transfer the lease to certain relatives (sister, brother, mom, dad, kids, grandkids, but not nieces or nephews) if the relative lives with you for two years before lease transfer, or for one year before lease transfer if you’re a senior citizen.