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Sale at 301 East 63rd Street #15J

Started by anonymous175
about 8 years ago
Posts: 5
Member since: Jun 2007
Discussion about 301 East 63rd Street #15J
this must be a land lease co-op building
Response by crescent22
about 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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