Written by Emily Myers on August 14, 2024
The Department of Buildings has released a new guide for large residential buildings to clarify how to calculate and report carbon emissions in order to comply with Local Law 97, and to explain how properties can challenge their Article 320 designation and request extensions for carbon emission reporting.
Written by Emily Myers on February 12, 2025
A coalition of over 300,000 co-op and condo owners have requested that late filing fees for Local Law 97 reports be waived through the end of the year and scaled back due to the high rate at which the fines are calculated and the lack of a reporting portal.
Written by Emily Myers on December 11, 2024
City Council passes new legislation allowing co-ops and condos to apply for tax breaks for major building renovations.
January 31, 2025
President resists an electric grid powered by renewable energy instead of fossil fuels.
January 28, 2025
The on-again, off-again law is beginning to resemble an elaborate pinball game.
Written by Paula Chin on February 11, 2025
Management companies use an array of strategies — and software — to comply with city laws.
January 27, 2025
Tax Equity Now New York wants city to recalculate its latest assessments.
January 24, 2025
The on-again, off-again law is back on, yet again.
Written by Emily Myers on January 22, 2025
Average taxes for NYC co-ops are up by 2.38% and for condos by 2.23%, with the window now open to challenge a unit's assessed value with the Tax Commission.
January 20, 2025
High interest rates and lack of listings will slow sales and boost values.