Why are condo common charges so high in NYC?

… repairs amenities property management and insuranceare high partly because the cost of doing business in New York … … Average condo fees in Manhattan 23X higher than Queens Brooklyn … Manhattan common charges averaged $149 per … Samuel Thats double the 74 per square foot average in Queens and triple Brooklyns 56 per square foot See chart …

By Teri Karush Rogers |October 3, 2022 - 9:30AM