December 20, 2017

5 ways to tell if the NYC apartment you want to buy is about to get hit with an assessment

When you finally find an apartment that fits your needs–and maybe even some of your wants–there’s still more to think about than just your monthly carrying costs. Beyond the mortgage, maintenance, and utilities, there is also the possibility that you could get hit with an assessment at any given moment. That could mean an extra fee in the four-, five-, or even six-figure range for building expenses that are too big to be covered by the monthly maintenance or other charges.

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