Tag: Public finance

Law & Legislation Verifying Square Footage
Verifying Square Footage

One of our clients recently asked us to investigate the accuracy of their building’s square footage as listed on New York City’s Notice of Property Value. In order to contest the gross building area of a parcel, the city requires an eng…

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Q&A Q&A: Imposing a Flip Tax or Transfer Fee
2011 December Q&A: Imposing a Flip Tax or Transfer Fee

Q At a general meeting of our condominium, a proposal for a flip tax/transfer fee on the sale of a unit failed to get enough votes. Subsequently, the board of managers decided to impose a transfer fee of five months maintenance charg…

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Exterior Q&A: Fair and Equitable Real Estate Taxes
2011 March Q&A: Fair and Equitable Real Estate Taxes

Q I am an owner in a building that went condo 10 years ago. In 2008, our taxes were reduced by a firm that does this procedure for the building. However, my individual real estate taxes are way out of line compared to other apartmen…

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Board Operations Following the Money
2006 Oct Following the Money

Fall is here and with it comes the season for watching football. Football seems to dominate American culture. There are pro games four days a week, pre-season, post-season and Pro Bowl games, college, indoor, fantasy football, and of cou…

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