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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal>Hi, Gotham –<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Questions from 2 different clients:<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoListParagraph style='margin-left:.75in;text-indent:-.25in;mso-list:l0 level1 lfo1'><![if !supportLists]><span style='mso-list:Ignore'>1.<span style='font:7.0pt "Times New Roman"'> </span></span><![endif]>Client is selling her deceased brother’s HDFC in Harlem. She’s gotten 2 offers above her asking price of $595,000 and one at $550,000 – all from well qualified buyers.<o:p></o:p></p><p class=MsoListParagraph style='margin-left:.75in'> <o:p></o:p></p><p class=MsoListParagraph style='margin-left:.75in'>The board president hinted that the board won’t approve anything above $400,000 because they’re resisting the trend toward gentrification. <o:p></o:p></p><p class=MsoListParagraph style='margin-left:.75in'><o:p> </o:p></p><p class=MsoListParagraph style='margin-left:.75in'>It seems that Seller submits 3 offers to the board for approval of one even before there’s a contract of sale. <o:p></o:p></p><p class=MsoListParagraph style='margin-left:.75in'><o:p> </o:p></p><p class=MsoListParagraph style='margin-left:.75in'>Question: Does the Seller have any recourse if the board rejects all 3, or if the board approves the lowest offer?<o:p></o:p></p><p class=MsoListParagraph style='margin-left:.75in'><o:p> </o:p></p><p class=MsoListParagraph><o:p> </o:p></p><p class=MsoListParagraph style='margin-left:.75in;text-indent:-.25in;mso-list:l0 level1 lfo1'><![if !supportLists]><span style='mso-list:Ignore'>2.<span style='font:7.0pt "Times New Roman"'> </span></span><![endif]>A different client bought an 8-unit condominium unit from the sponsor 10 years ago, when there was a 5-year abatement of real estate taxes that was reduced gradually. <o:p></o:p></p><p class=MsoListParagraph style='margin-left:.75in'><o:p> </o:p></p><p class=MsoListParagraph style='margin-left:.75in'>After getting large tax bills the last couple of years, she checked out her taxes vs. the other unit owners’ – and realized that she’s paying 3 times what other unit owners are paying for comparable units. The comparison bears no relation to the allocation of the percentage of the common elements -- which the common charges is based on. She suspects that the sponsor’s unit are getting an advantage. <o:p></o:p></p><p class=MsoListParagraph style='margin-left:.75in'><o:p> </o:p></p><p class=MsoListParagraph style='margin-left:.75in'>My client asked the president of the condo association how to get her unit re-assessed, and he told her that he has no interest in getting involved. <o:p></o:p></p><p class=MsoListParagraph style='margin-left:.75in'><o:p> </o:p></p><p class=MsoListParagraph style='margin-left:.75in'>Question: Is this a tax certiori project, and can anyone suggest who can help? <o:p></o:p></p><p class=MsoListParagraph><o:p> </o:p></p><p class=MsoNormal> Thanks for any advice for either of these.<o:p></o:p></p><p class=MsoListParagraph style='margin-left:0in'><o:p> </o:p></p><p class=MsoListParagraph style='margin-left:0in'>Best,<o:p></o:p></p><p class=MsoListParagraph style='margin-left:0in'>Phyllis<o:p></o:p></p><p class=MsoListParagraph><o:p> </o:p></p><p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial Black",sans-serif;color:#7F7F7F'>Phyllis E. Dubrow | Attorney at Law<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial Black",sans-serif;color:#7F7F7F'>60 East 42<sup>nd</sup> Street, Suite 4600 | New York NY 10165<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial Black",sans-serif;color:#7F7F7F'>T: (212) 661-2885 | F: (212) 409-8682<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>