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The Cooperator

The Cooperator spoke with Tax Partner Peter Buell about how tax reform will affect New York City condo and coop owners.

Featured: Peter-Buell, Partner, Tax & Business Services

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Buell thinks the new legislation will negatively impact the middle and lower ends of the market as well. "I believe it will have a significant detrimental effect to co-op and condo values,"� he said. "Particularly lower- and medium-priced units. These homeowners typically factor in the tax benefits of the deduction for real property taxes when determining the price which they can pay for a unit. Less tax benefit will result in a reduced price they will be able to afford."�

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Featured
Peter Buell, Partner, Tax & Business

Partner
Tax & Business
New York, NY
 




 
 
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