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