StreetEasy Forums · Sales

Sale at 301 East 63rd Street #15J

Started by anonymous175

over 8 years ago

Posts: 5

Member since: Jun 2007

this must be a land lease co-op building

Response by crescent22

over 8 years ago

Posts: 953

Member since: Apr 2008

I believe the building bought out the land lease with a massive mortgage. It turned the expense into interest, which is deductible.

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