Teresa Alessandro Teresa Alessandro

Unlocking NYC Property Tax Savings: The Prevailing Wage Tax Abatement Advantage

As a seasoned NYC real estate broker, I often guide clients through the intricate landscape of property ownership in our vibrant city. One of the most impactful yet underutilized incentives is the Cooperative and Condominium Property Tax Abatement, especially when paired with compliance to prevailing wage requirements. Let's delve into how this synergy can lead to significant financial benefits for co-op and condo owners.

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