New J-51 Tax Break to Benefit 166,000 Co-op and Condo Owners (NY)

/ Owner - December 10, 2024

Like Lazarus, the cherished J-51 tax break has risen from the grave — and some 166,000 co-op and condo apartment owners citywide stand to gain from the resurrection.  After a two-year absence, the tax break, which helps defray the cost of repairs to certain multifamily buildings, was revived by a vote of the city council.   Read the article…………………………….

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