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Real Estate Investing in New York by Christina Kremidas - LOCAL LAW 11: Beneath All the Scaffolding is Your Building’s Biggest Expense

LOCAL LAW 11: Beneath All the Scaffolding is Your Building’s Biggest Expense

Real Estate Investing in New York by Christina Kremidas

10/20/24 • 9 min

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Welcome to Episode 52 of REAL ESTATE INVESTING IN NEW YORK!!
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In this episode, I’m sharing the most important information that NYC property owners must know about Local Law 11: mandatory facade maintenance required for all buildings with 6+ stories. This is usually the most expensive project that condo & co-op buildings have to fund, and it happens every 5 years! Make sure you know what to look for so you aren’t caught holding the bag.
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I hope you find this information helpful, and please reach out to me if you have any questions!
I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me.
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10/20/24 • 9 min

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