Please be advised, that to ensure the safety of all residents, building staff and vendors, and in response to Governor Cuomo's recent Executive Order, the Board have modified the existing policy to NOT allow and move-ins or move-outs to proceed. This moratorium will continue until April 30, 2020 after which it will be re-evaluated.
Approval of sublet applications by Corporations board is not intended in any way to imply approval of sublet applicants finances, nor should it be misconstrued as such. Shareholders remain responsible to Corporation for making timely maintenance, assessment, sublet fee or other payments due to Corporation for duration of sublet term and any subsequent approved renewal terms - irrespective of sublet applicants-tenants performance of rent obligations to shareholders.
| Payor | Building Fees | Amount | Due Upon | Recipient |
|---|---|---|---|---|
| Buyer | Application processing fee (Non-refundable) | $650 | Submission | Mgmt |
| Buyer | Credit Search fee (non-refundable) | $150 per person | Submission | Mgmt |
| Shareholder | Move Out Deposit (Refundable) | $400 | Submission | Bldg |
| Buyer | Move In Deposit | $400 | Closing | Bldg |
| Buyer | Move In Fee | $750 | Closing | Bldg |
| Buyer | Processing Fee | $500, if financing | Closing | Mgmt |
| Shareholder | Managing Agent Transfer fee | $750 | Closing | Mgmt |
| Shareholder | Move Out Fee | $750 | Closing | Bldg |
| Shareholder | NY State Transfer Tax Stamps | $.05 per share | Closing | Mgmt |
| Payor | Building Fees | Amount | Due Upon | Recipient |
|---|---|---|---|---|
| Shareholder | Move Out Deposit | $400 | Submission | Bldg |
| Shareholder | Move Out Fee | $750 | Submission | Bldg |
| Shareholder | Sublease Fee | TBD | Submission | Bldg |
| Subtenant | Application Fee | $650 | Submission | Mgmt |
| Subtenant | Credit Check Fee (Non-Refundable, Required) | $150 per person | Submission | Mgmt |
| Subtenant | Move In Deposit | $400 | Submission | Bldg |
| Subtenant | Move In Fee | $750 | Submission | Bldg |
| Payor | Building Fees | Amount | Due Upon | Recipient |
|---|---|---|---|---|
| Buyer | Processing Fee | $500 | Submission | Mgmt |
| Payor | Building Fees | Amount | Due Upon | Recipient |
|---|---|---|---|---|
| Buyer | Processing Fee | $500 | Submission | Mgmt |
| Buyer | TRW Credit Fee (Required) | $50 per applicant (if financing for a greater amount than current mortgage) | Submission | Mgmt |
One-time fee paid by the person who begins the application
| Payor | Type | Amount | Due Upon |
|---|---|---|---|
|
Agent /
Attorney Applicant
Current Resident
|
Sale/Lease
Sale/Lease
Refinance/Renewal
|
$50
$100
Free
|
Initiation
Initiation
N/A
|
| Application Participants | Any | Free | N/A |
If you are a real estate agent affiliated with one our enterprise brokerage clients, starting an application is covered by your brokerage.
| Payor | Type | Amount | Due Upon |
|---|---|---|---|
| Applicant | Purchase Lease/Sublet Renewal |
$45 | Complimentary |
| Shareholder | Refinance | $45 | Complimentary |
| Payor | Amount | Due Upon |
|---|---|---|
| Any Participant Paying Building Fees | 5% of Total (excluding Digital Submission & Initiation Fees) |
Submission |
For more detailed information, please see our Pricing page.
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