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J51 and new roof in a coopMar 16, 2007


pre war coop (manhattan) rebuilding the roof and parapet, facade work. are we eligible for a J-51?

thanks - cannot ask the accountant right now - need your experience!


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J51 - RLMcKEe Mar 17, 2007


The short answer is YES.

Don't count on getting much back, though... we aren't and we put a new roof on a couple of years ago (also pre-War co-op).

Also, count on a long delay in getting a ruling.

And the money comes in RE tax abatements, NOT in cash.

Good luck.


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