Hochul approves a replacement for the J-51 tax abatement that could help condo and co-op buildings fund upgrades

… Stavisky said in a statement With the cost of living on the rise it is critical that we make sure our working middle … housing The new J51 program should help owners navigate the high construction costs in New York said Brian Sampson the … the secretary for the Council of New York Cooperatives Condominiums Any way to defray costs of capital improvements …

By Celia Young |October 25, 2023 - 4:30PM