The PCCC in conjunction with several elected officials and like-minded organizations have continued their push before the New York City Council to approve the extension of the J-51 Tax Credit for qualified capital improvements. Our efforts were featured in a lead article in the December 13,… Read More »PCCC & Others Call on NYC Council to Extend the J51 Program
We have just received information that the New York City Council will be voting on Intro. 2047, a bill that would effectively end the ability of Landlords/Co-ops from doing a criminal background check on prospective tenants/shareholders. The bill is far-reaching and would bar the ability to… Read More »URGENT: ACT AGAINST INTRO. 2047 (Criminal Search Ban)
As many of you are aware, the critical J-51 tax credit program expired in June 2021. This program was created over fifty years ago and has forged a partnership between the City and Affordable Residential housing communities to provide a reduction in taxes on Capital Improvement… Read More »PCCC Continues to Push for J-51 Extension
As part of our continuing conversation with Elected Officials regarding critical issues to Co-op Boards and our members, the Executive Committee of the PCCC met with New York State Senator from the 15th District Joseph Addabbo on November 19, 2021. It was an extremely productive conversation with… Read More »PCCC Executive Committee Meets with Senator Joseph Addabbo
As we announced in June 2021, the NYS Legislature passed an extension of the J-51 Tax Credit program, which would effectively provide much-needed tax relief for many working and middle-class Co-ops that need it the most. In order to become effective, this legislation requires the approval… Read More »PCCC Pushing for J-51 Extension Legislation
The Executive Committee of the PCCC was pleased to recently meet with Mike Kelly, the Director of Public Affairs for the New York State Association of Realtors (NYSAR) and NYSAR President David Legaz. We engaged in a lively discussion on the many points of mutual interest… Read More »PCCC Meet with NYS Association of Realtors
The Housing Stability and Tenant Protection Act of 2019 (the “HSTPA”) affects cooperative apartment corporations (“Co-Ops”) because Part M refers to “all leases” in New York State, which could include proprietary leases that are provided to shareholders they purchase their shares. It does so even… Read More »Legislative Alert from the PCCC: Contact Governor Hochul re: Co-op Carve Out
The PCCC Executive Committee would like to extend our congratulations to our own Mary Maggio Fischer, who was named by Senator Toby Ann Stavisky as the 2021 Woman of Distinction for the Senate’s 16th District. Mary is a tireless advocate for her community; union and the Georgetown Mews… Read More »PCCC Congratulates Co-op President Mary Maggio Fischer
On Friday, October 22, 2021, the PCCC Executive Committee was pleased to meet with Republican New York City Mayoral Candidate Curtis Sliwa. Our almost hour-long conversation centered around issues of great importance to Co-op and Condo homeowners in New York City. Mr. Sliwa took copious notes throughout… Read More »PCCC Meets with NYC Mayoral Candidate Curtis Silwa
In light of the upcoming Mayoral elections, we felt it was a good time to re-send the recent interview with Mayoral candidate Eric Adams. The interview was held in May 2021. Mr. Adams was interviewed by PCCC Legal Advisor Geoffrey Mazel and speaks exclusively on issues… Read More »PCCC Interview with Mayoral Candidate Eric Adams