The Council of New York Cooperatives & Condominiums
News and archived information for residential housing cooperatives and condominiums in New York and beyond
http://www.cnyc.com/
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... RANGEL LEGISLATION PROVIDES RELIEF TO CO-OPS
Provision would allow housing cooperatives to determine commercial rents without sacrificing tax benefits to shareholders
The following is a press release issued by Congressman Rangels Office
WASHINGTON - Thanks to the efforts of Congressman Charles B. Rangel, hundreds of housing cooperatives boards in New York City will now have greater flexibility in the rent they charge commercial tenants.
Included in a recently pa...
Provision would allow housing cooperatives to determine commercial rents without sacrificing tax benefits to shareholders
The following is a press release issued by Congressman Rangels Office
WASHINGTON - Thanks to the efforts of Congressman Charles B. Rangel, hundreds of housing cooperatives boards in New York City will now have greater flexibility in the rent they charge commercial tenants.
Included in a recently pa...