Co-op, condo owners have one month before city can take away tax abatement
News Melissa Chan 3/14/2013 at 5:04PM

Some co-op and condo owners have one month to prove their residency before the city takes away their tax abatement benefits. According to co-op leaders, a large number of residents have received a notice in the mail from the city’s Department of Finance (DOF) stating they have until April 1 to verify their apartment unit [...]

Legislature leaves co-op, condo owners in the lurch
News Melissa Chan 11/29/2012 at 2:00PM

City co-op and condo owners may have to ante up more in taxes after lawmakers said the state Legislature may not reconvene this year to pass promised relief. “We had hoped the Legislature would meet and pass the annual abatement. It looks like we’re not going back,” said State Senator Tony Avella. “It’s going to [...]

City boot program hits south Queens
City boot program hits south Queens
News Philip Hertling 8/08/2012 at 8:09AM

The Smart Boot program, which locks up the cars of ticket scofflaws, hit southern Queens last Monday after being launched in Brooklyn six weeks ago. Paylock, a parking enforcement company, has city authorization to place a yellow wheel lock on the cars of parking/traffic violators with more than $350 in unpaid fines. The no-bid pilot [...]

City scofflaws to face the boot
City scofflaws to face the boot
News Alexa Altman 6/19/2012 at 12:54PM

Motorists with multiple parking tickets might soon find a pesky boot anchored to their car wheel as the city revs up to roll out its wheel lock program. The initiative, set to begin in north Brooklyn on Monday, June 25 and spread to the outer boroughs over the summer, targets scofflaw vehicles – those with [...]

Delinquent property owners exploiting lien loopholes
News Melissa Chan 6/14/2012 at 12:00PM

A local legislator lambasted the city’s Department of Finance (DOF) for letting delinquent property owners exploit lien loopholes and flout payments, cheating the city out of thousands of dollars. According to State Senator Tony Avella, indebted property owners can be removed from the annual tax lien sale — the city’s list of properties with unpaid [...]

Relief proposed for co-op owners
News Melissa Chan 3/13/2012 at 12:27PM

New legislation may lighten the load on co-op owners, while leaving their wallets heavy. According to Senator Toby Ann Stavisky and Assemblymember Ed Braunstein, property owners can currently fight city tax assessments through a “certiorari” process, but they said it is often costly and incurs “excessive legal fees.” “As a co-op shareholder, I understand this [...]

Whitestone property a blight
News Alexa Altman 1/18/2012 at 9:20AM

Annoyed at the eyesore, local officials are finally addressing an abandoned Whitestone property – located at 24-19 Francis Lewis Boulevard – in the hopes of rousing the city’s Department of Finances (DOF) into taking action. Senator Tony Avella and the North East Flushing Civic Association want to convert the dumping ground into a contributing entity [...]