Late filing fees for Local Law 97 reports are 'punitive,' condo and co-op coalition says

… York City condo and coop associations say they expect their buildings to have difficulty meeting this years deadline for filing Local Law 97 paperwork and that many could face … create an unreasonable financial burden These fees are not only punitive but also create significant challenges for

By Jennifer White Karp |February 17, 2025 - 9:30AM
Co-op and condo boards catch a break as Corporate Transparency Act faces legal limbo

… do in the meantime … Background on the case … A handful of businesses that would be impacted by the CTAamong them a … general and a handful of other officials in May These businesses argued that the CTA is unconstitutional because … and anyone who owns at least a 25 percent interest in the company such as your buildings sponsor will also need to …

By Celia Young |January 8, 2025 - 9:30AM