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Council of New York Cooperatives & Condominiums
Article Archive
Tax Issues

Published: Summer 2001

CITY GOVERNMENT AND ALBANY AGREE TO
ABATEMENT EXTENDER FOR 3 MORE YEARS

Property tax abatements for homeowners in New York City cooperatives and condominiums will continue for three more years. Strong commitments by the mayor and the City Council to continuing the abatement guaranteed its inclusion in the City budget in June. Assemblyman Pete Grannis and Senator Roy Goodman then ensured that the extender was passed by the Senate and the Assembly,(State law must be amended to authorize for the extender.) At this writing, Governor Pataki is slated to soon sign this important measure into law, continuing an important initiative begun in 1996 to bring fairness to the property taxes paid by homeowners in cooperatives and condominiums.

With three more years of abatement now in place, CNYC and the Action Committee for Reasonable Real Estate Taxes will use that time to work for a permanent plan for tax fairness. Page 3 details the story of this abatement extender and page 15 announces the September 13 meeting of the Action Committee. Your building should be active in this ongoing crusade for permanent tax reform.
 
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EVENTS
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SPECIAL ISSUE : CAN YOUR BUILDING BE CERTIFIED LEAD FREE?
Wed., June 15, 2011
7 PM
Location to be announced

INTRODUCTION TO CO-OP BOARD RESPONSIBILITIES:
An Intensive Seminar for New Directors
Tues., June 21 and 28, 2011
6 - 9:30 PM
Location to be announced

BENCHMARKING: A REQUIREMENT BUT ALSO AN OPPORTUNITY
Wed., June 22, 2011
7 PM
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THE ASSET OVER YOUR HEAD
Wed., July 13, 2011
6 PM
Location to be announced

FUEL ISSUES : WEIGHING THE OPTIONS WHEN CHANGING FROM #6 OIL
Tues., Aug. 16, 2011
6:30 - 9:00 PM
Location to be announced

CONDO START-UP
Challenges for Boards and Unit Owners of New Condominiums
Tues., Sept. 13, 2011
6:30 - 9:00 PM
Location to be announced

 

CNYC’s 31st ANNUAL
HOUSING CONFERENCE & EXPO
All day Sunday, November 13, 2011
Baruch College

You may register for CNYC events by calling (212) 496-7400 or by completing the Registration Form. For events requiring payment, please mail a check for the appropriate amount to: CNYC, 250 West 57th Street, Suite 730, New York, NY 10107-0730. Please make checks payable to the Council of New York Cooperatives & Condominiums.

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250 West 57th Street, Suite 730
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