Changing the C of O from 2 to 3 family?
We own a 3-story Brownstone with a 2-family C of O. We currently have a tenant renting the 3rd floor apartment, and we live in the bottom duplex (parlor floor and street level). A lot of the duplex space is unused, and since we bought the building at market peak a few years ago, the mortgage is a bit of a stretch. Renting out the parlor floor would be ideal for us, but we are not sure about the Certificate of Occupancy issue. Does anyone have any thoughts on the legal issues & process of changing from 2-family to 3-family? Legally vs. not legally?
