Examples of ground rent in a Sentence
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In another ongoing case, a landowning family recently took back the midtown skyscraper Tower 57, where the real-estate firm owned by Charles Cohen stopped paying ground rent after failing to agree with the family on a residential conversion plan.
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Paula Aceves, Curbed, 31 Oct. 2024
That shift would cause Trump’s ground rent to soar from $2.8 million in 2032 to $16.3 million the following year, predicted Cushman & Wakefield, a real estate firm, in 2015 (the latest available).
—Zach Everson, Forbes, 6 Oct. 2024
Adding to the headaches: Trump, who doesn’t own the land on which the building sits, has just nine years left until his ground rent escalates dramatically, due to an agreement with the building’s German owner.
—Zach Everson, Forbes, 6 Oct. 2024
The buildings pay a ground rent to the state Battery Park City Authority (BPCA) and a Payment in Lieu of Taxes (PILOT) instead of property taxes.
—New York Daily News Editorial Board, New York Daily News, 23 July 2024
All other monthly payments: £11 phone; £200 towards quarterly property management and annual ground rent; £35 gym membership; £10 annual yoga app membership; £600 to savings account monthly.
—refinery29.com, 12 Apr. 2024
Apartment owners here say they’re frustrated with the extra costs associated with living under the authority, such as ground rent and civic fees.
—Zachary Small, Curbed, 1 July 2021
Other legislative attempts have failed, however, including a bill in New York to cap rents statewide, and a bill in Colorado limiting ground rent increases for mobile homes.
—Will Parker, WSJ, 18 Aug. 2022
These include ground rent payments to the monarchy.
—Eliot Brown, WSJ, 12 Mar. 2022
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Paula Aceves, Curbed, 31 Oct. 2024
That shift would cause Trump’s ground rent to soar from $2.8 million in 2032 to $16.3 million the following year, predicted Cushman & Wakefield, a real estate firm, in 2015 (the latest available).
—Zach Everson, Forbes, 6 Oct. 2024
Adding to the headaches: Trump, who doesn’t own the land on which the building sits, has just nine years left until his ground rent escalates dramatically, due to an agreement with the building’s German owner.
—Zach Everson, Forbes, 6 Oct. 2024
The buildings pay a ground rent to the state Battery Park City Authority (BPCA) and a Payment in Lieu of Taxes (PILOT) instead of property taxes.
—New York Daily News Editorial Board, New York Daily News, 23 July 2024
All other monthly payments: £11 phone; £200 towards quarterly property management and annual ground rent; £35 gym membership; £10 annual yoga app membership; £600 to savings account monthly.
—refinery29.com, 12 Apr. 2024
Apartment owners here say they’re frustrated with the extra costs associated with living under the authority, such as ground rent and civic fees.
—Zachary Small, Curbed, 1 July 2021
Other legislative attempts have failed, however, including a bill in New York to cap rents statewide, and a bill in Colorado limiting ground rent increases for mobile homes.
—Will Parker, WSJ, 18 Aug. 2022
These include ground rent payments to the monarchy.
—Eliot Brown, WSJ, 12 Mar. 2022
Dictionary Entries Near ground rent
Cite this Entry
“Ground rent.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/ground%20rent. Accessed 23 Dec. 2024.
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