What is a 'major capital improvement' and how does it affect the rent?

… While you want our apartment to be kept in good condition tenants of rent controlled or … not feel so happy when the see the phrase major capital improvements Thats the term used for upgrades that justify a … improvements … Renovation … Rent … rentals … renting … What is a major capital improvement and how does it affect …

By Celia Young |September 11, 2024 - 10:30AM
What’s the average flip tax for a condo or co-op in New York City?

… you should watch out for when you sell a flip tax if you live in a coop or a transfer fee if you live in a condo … selling the units to make a quick profit  Today they are mostly used to raise revenue for coop buildings instead of … version of this article was published in October of 2018 We are presenting it again with updated information for …

By Celia Young |April 1, 2024 - 2:30PM