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The leadership of Co-ops & Condos United of NY, along with cooperative Board Presidents from lower and midtown Manhattan, met with Assembly Member Grace Lee yesterday.
We had in an in-depth and thoughtful discussion regarding many of the issues affecting cooperative housing in Assembly Member Lee's district and throughout New York City. Among the topics discussed were the growing financial pressures facing cooperatives, including unfunded government mandates, rising operating costs, and the challenges associated with compliance with Local Law 97 and other environmental regulations.
Assembly Member Lee has a strong understanding of these issues and a genuine interest in the concerns of the cooperative housing community, especially with regard to addressing the challenges confronting middle-class and senior residents who call cooperative housing home.
We thank Assembly Member Lee for her time, attention, and commitment to engaging with our members on these important issues.
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