Maintenance
Started by anonymous
about 4 years ago
Discussion about 65 Nassau Street in Financial District
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Curious why the maintenance in this building is on a high side? The listings say that the maintenance is 30% tax deductible, so the mortgage can’t be that big. There are also no usual luxury amenities that hike up the maintenance- no doorman, no gym, no roof deck. And the building had to put on an assessment to finance local 11 work, so it’s not that the shareholders have been building up a reserve. Any ideas?