NEW AUDIT: NYC Comptroller Lander Finds DOF Improperly Granted $6.5+ Million in Co-op/Condo Tax Abatements Since 2019 (NY)

/ Owner - October 24, 2024

In a new audit, New York City Comptroller Brad Lander found that the Department of Finance (DOF) improperly granted Co-op/Condo Tax Abatements to 720 units between Fiscal Years (FY) 2019–2024, costing the City at least $6,465,892 in lost tax revenue.   Read the article…………………………….

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