A coalition of co-op and condo owners from across the five boroughs have formed Co-ops and Condos United of NY, a grassroots advocacy group representing more than one million New York City homeowners who live in cooperative and condominium housing. The group is pushing back on Local Law 97 carbon emission compliance costs, the Scaffold Law that makes exterior construction projects far more expensive in New York than anywhere else, rising property taxes, surging insurance premiums, and Local Law 11 facade inspection and repair costs. The NYC City Council has also formed a co-op and condo caucus to address these issues.
Watch on YouTube: https://youtube.com/shorts/Zb7VUJm8l5A
Daily Tesla News is your daily dose of NYC real estate news that actually matters. Covering Staten Island and Brooklyn markets, policy changes, and homeowner tips.
Brought to you by Joseph Ranola, 65+ 5-star Google reviewed real estate agent covering Staten Island and Brooklyn.
