Categories: New York Articles

With Assessments Looming, Will Residents Push Back? (NY)

The coronavirus pandemic is squeezing co-op and condo finances from numerous angles. With apartment sales slumping, revenue from flip taxes has largely dried up. With many businesses completely or partially closed, rental income from commercial tenants is spotty. And with countless shareholders and unit-owners suddenly unemployed, their ability to pay monthly maintenance and common charges is beginning to come into doubt.     Read the article……………………………

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