This procedure outlines what NYC Department of Finance requires to apportion and approve a new condominium. Our goal is to make sure the public understands our review process and knows exactly what information and documents are required.
Background
The New York State Real Property Law RPL – Article (9-B) lists the legal requirements and necessary documents for Finance to create and assess condominiums. The most important documents we need are the declaration (RPL §339-n) and the floor plans (RPL §339-p). Also, it is important that the information you give to Finance is correct and consistent on all documents.
NYC-Dept-of-Finance-Condominium-Apportionment-and-Approval-ProcessDownload complete NYC Dept of Finance Condominium Apportionment and Approval Process: https://blocksandlots.com/wp-content/uploads/2020/02/NYC-Dept-of-Finance-Condominium-Apportionment-and-Approval-Process.pdf