Tell us what’s on your mind? 
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New York City gives shareholders Tax Credits every June. The City determines the amount of credit to be given to each shareholder and instructs the co-op management to distribute those credits on 0ur June maintenance bill.
That allows the co-op to reduce their NYC taxes by the total of the shareholder credits the co-op distributes to shareholders.
If the total amount of shareholder credits is 1 million dollars and the c0-op owes the City 4 million dollars for taxes – the management is supposed to put the 1 million credits (that are individually due to you) on your June maintenance bill and the co-op will pay only a 3 million tax balance.
Example.
* Co-op owes 4 million taxes to NYC
* less 1 million NYC says to take from taxes due and give credits to shareholders
* equals 3 million tax balance to be paid by co-op to NYC.
THAT IS THE WAY IT IS SUPPOSED TO BE DONE HOWEVER – for the last 2 years the co-op has charged shareholders a Capital As-sessment on our June bill equivalent to 1.3 million in 2023 and 1.4 million in 2024.
So the co-op pays less taxes to NYC and then takes the NYC credits back from us in the form of a capital as-sessment.
IN THIS EXAMPLE THE CO-OP GETS TWO MILLION DOLLARS MORE TO PLAY WITH each year – in addition to each year’s maintenance increase.
“The City gives credits to us and the Co-op uses it (twice).” One million less tax to pay NYC and one million taken from shareholder credits.
Write to NYC Department of Finance (DoF) and ask them if this is legal.
The more letters DoF gets the more likely they will investigate.
NYC Department of Finance
Correspondence Unit
1 Centre Street, 22nd Floor
New York, NY 10007I have checked the real estate tax website to see how much the real estate tax went up for this year and it is not much so I would like to know what the maintenance increase was for. It is not such a big difference and it’s not like we are having capital improvements so what was the 6% increase for?
You must be new. David’s REAL NAME is Navid Ahadian. He used to live with his parents in 9710.
IMO Akam probably insisted he use a phony name as a condition in making him property manager because Navid Ahadian has prior arrests in Maryland and Connecticut for switching license plates, drug possession, and an assault, and Akam needed him to have a NAME with no arrest records.
So he cannot use his assumed name in court papers OR on a marriage license so Ms Z is really Mrs Ahadian. hahahahaha
Does it make you comfortable knowing that someone arrested for switching license plates now has access to 300 parking spaces in the PC 3&4 underground garage?
Welcome to corruption city 3+4 apts, inc
They are JUST as corrupt as park ciry 3+4 .What do you expect ?
Hey Akam, ho-w many ID’s do you allow the same employee to use? Not a good look!
David fires people, but court papers are filed against Navid Ahadian, both supposedly employed by Akam. How is that possible?
SLEEPERS! WAKE UP AND SMELL THE COFFEE! (ain’t that right scott ?)
FYI….she has mental issues ! On mental health meds (to say the least)
CORRUPTION AT IT’S BEST !!
Why is there a board member who works as a security guard in one of our buildings. Isn’t that illegal I guess Zarina cut a deal with her typical style of her
YES, if you are missing money or jewelry after they leave don’t bother to call the office.
Call the 112 police precinct at (718) 520-9311 and file a complaint against the inspectors.
Basic apartment inspections are for water leaks and working smoke/CO2 alarms and overloaded surge protectors and anything that might be considered a fire hazard. EVERYTHING ELSE IS NOT THEIR BUSINESS!
DO NOT ALLOW THEM TO VIDEO YOUR APARTMENT.
DO NOT KEEP ANY MONEY OR VALUABLES OUT IN THE OPEN
ESPECIALLY WHEN 2 MEN ARE IN YIUR APARTMENT THEY SHOULD STAY TOGETHER. THE LITTLE ONE LIKES TO WALK AROUND ON HIS OWN.
IMO Zarina Walks with her fake implanted tush in rego park looking for people to fraud bringing her close relatives the Uzbeks to infiltrate our buildings
Not happy with the Maintence increase I really don’t like it they are stealing it’s obvious
