Hello all,
I live in a 59-unit building containing rent-stabilized, rent controlled and market rate apartments. I live in a RS unit. Recently our rent bills have included a surcharge called "J51." I thought that J-51s were tax breaks that landlords receive. Why would the landlord be charging tenants for them?
It's only $1.58 per month but it strikes me as weird. Am I wrong?
Thanks for any enlightening info.