Coop Tax Abatement Question

Hi, I received a letter from the property management company a week ago regarding the coop tax abatement. Basically they had said that the building will be charging an assessment to the building equal to the value of the coop tax abatement, ultimately netting the shareholder $0. I researched and understand that this is common practice. Here is my question: I just received my maintenance for April... [more]

Hi, I received a letter from the property management company a week ago regarding the coop tax abatement. Basically they had said that the building will be charging an assessment to the building equal to the value of the coop tax abatement, ultimately netting the shareholder $0. I researched and understand that this is common practice. Here is my question: I just received my maintenance for April and see there is a $400 assessment, which is what the letter had discussed. My question is - was I supposed to apply for this tax abatement? I was under the impression that the whole building was getting this abatement and that the property managers/building board was the one who applied for the abatement as opposed to the individual shareholders. I am a first time shareholder--I purchased the unit in August 2015 and have never heard of this coop tax abatement (this is my first home as well), and now I'm wondering if I am going to be out $1200 for the three months of $400 assessments? Thanks! [less]