What Happens When Condo Owners Don’t Pay Their Dues to the Building? (NY)

/ Owner - January 25, 2025

Q: We live in a condo building in Manhattan with fewer than 10 units. The last Local Law 11 inspection found that our facade needs significant repair and maintenance, which could cost $300,000 or more. The condo board has determined that an assessment will be charged to all owners to pay for the work. Obviously, this will be a hardship for everyone.     Read the Q&A………………………………..

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