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Thanks, ABB. My only comment to you: I don't know why your prop agent hired a specialist lawyer to file a J51 abatement for you. Our agent handled it for us. Seems a waste of money in legal fees. We have a coop attorney but we didn't even have to use him on this.
ABB - I may be wrong but I think your agent can start J51 filing when construction on a cap improvement project begins but you have to file for it within 4 yrs after the job is completed. Just my opinion but if your agent doesn't know if your bldg is eligible for J51, there's probably a lot he should know about many other things but doesn't. Every good agent knows about the J51 program or at least how to find out about it.
My suggestion: get a new agent/mgmt company and don't put it off. You may be losing out in many ways with the one you've got.
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One of the many reasons that I'd like us to look for a new agent who is more up to date on what's going on....what can I say? Too late on this J51, but I've saved your information about what to do for next time.
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