New York City’s Luxury Homeowners Face Sky High Maintenance Fees

In New York, the purchase price is just half the story. When it comes to high-end homes, the city also has the steepest homeowner’s association fees in the country.  According to real-estate website Trulia, which examined HOA fees for the priciest 10% of homes on the market, the median fee in the New York City area is $1,566 a month, or almost 2½ times the national median. Miami ($1,407), Long Island, N.Y. ($1,218), San Francisco ($931) and Boston ($920) round out the five metro areas with the highest dues.      Read the article………