A Sh in my coop (lives in NYC) used to sublet her apt but the last tenant left in 1995 and the apt's been vacant ever since. I know her and we talk a few times a year. She's a nice woman and she's asked me many times how the market is and if she should sell or sublet. I give her my opinion and say anything's better than paying maintenance on an empty apt - sell and get a nice chunk of money, or sublet, offset her maintenance and get some income. (She has no mortgage.)
She always says she has a demanding job, an elderly parent lives with her, a lot going on, can't deal with this apt until things settle down. Things never settle down. There's always something we have to deal with. Our prop mgr sends her a cordial letter every 1-2 years to ask what her plans are for the apt, and she always says she isn't sure yet.
Besides the fact that she's losing money, we could have a Sh in there who'd potentially be a coop asset (or at least a sublet tenant) instead of an apt that's been empty for 12 years. Shs in adjoining apts offered her a good price to buy it but she said their prices weren't high enough. I think she was just putting them off. She can't seem to put her attention on this and make any decision.
Our bldg is nice and we're in a great midtown location. She wouldn't have any trouble finding someone for her apt. We can't force her to occupy, sell or rent it. Any ideas on how we can convince her to do something with it?
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