Monthly Archives: May 2012

With less than a month left in the State legislative session, the co-op and condo tax abatement that expires June 30th has yet to be extended. Failure to act could result in the 17.5 or 25 percent abatements being tacked … Continue reading →

The City Water Board finalized a 7 percent rate increase, effective July 1st. Any buildings still on frontage will automatically go into the Multifamily Conservation Program with a flat $894.15 per unit per year charge. If you want to know … Continue reading →

Congratulations to Gail Badger, a Dean in our Registered in Apartment Management program, who received a doctorate in ministry from the New York Theological Seminary this week after presenting her dissertation on Faith-Based Property Management. The speaker for our May … Continue reading →

You knew that tax bill hurt. The Furman Center at NYU just released an analysis showing that property taxes on apartment buildings are five times the taxes on similar 1-3 family homes in the City, and New York ranks second … Continue reading →