NYC Apartment Market: Condos and Co-ops

NYC Apartment Market is used to discuss New York City real estate market trends as well as to provide information that may be usef..

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NYC Apartment Market: Condos and Co-ops

NYC Apartment Market is used to discuss New York City real estate market trends as well as to provide information that may be useful to potential buyers and sellers.

Added: October 09, 2009

Authority: 29.5187

Type: Blog

Language: English

Ranking: real-estate-blogs.ontoplist.com

Category: Real Estate

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Gov. Paterson wants to impose mortgage tax on Co-ops

Governor Paterson wants to impose the NY state mortgage recording tax on Coops. Coops have been exempt from the state mortgage tax because coops are not considered "Real Property" they have been considered personal property.  Prior to 1989 coops