Frequently Asked Questions
What Types Of Work Require a Renovation Application?
What Tax Abatements Do I Qualify For?
Co-op/Condo tax abatement — This is offered to all shareholders who own three or less apartments. It shows up as a credit on your maintenance bill sometime between January and April.
STAR Program — This abatement must be filed by each shareholder directly with the City. Contact them at 212-361-8215 or on the internet at http://home.nyc.gov/html/dof/html/ctd238.html.
Veteran Exemption — Offered to all honorably discharged wartime veterans. The application must be filed by the shareholder. Contact the City at 718-935- 9500 or on-line at www.nyc.gov/html/dof/html/ctd122.html.
Senior Citizens — There are two abatements offered to senior citizens: the enhanced STAR program and the SCHE program. The enhanced STAR program uses the same application as the STAR program (see above). The SCHE program is for seniors with annual income less than $29,900. Information on the SCHE program can be obtained at 718-935-6736 ext. 440 or on-line at: www.nyc.gov/html/dof/html/exemptions.html.
What Should I Do If My Carbon Monoxide Detector Goes Off?
First, immediately open all windows in the apartment. This will allow the apartment to be fully ventilated and any actual gas buildup can escape. Next, report the incident to the front desk, and they will decide what further steps may be required, including notification to the NYFD if it is determined that an actual CO leak has occurred. (Keep in mind that there have been reports of defective devices triggering false alarms).
What Are The Homeowner's Insurance Requirements for the Building?
Public Liability/Personal Injury — $200,000 per accident/$50,000 for property damage per accident.
Water Damage Insurance — $5,000 (if the casualty insurance does not cover water damage).
Casualty Insurance — $25,000 on the contents of the apartment.
I've Just Found a Buyer For My Apartment, How Do I arrange an Interview?
First, your buyer must fill out a purchase application form. And once the application is fully completed, your purchaser sends seven copies (plus the original application) to the managing agent. The final step is an interview with the board of directors, which must be scheduled via the Managing Agent.
Can I Store My Bike In The Basement?
Yes, there is a bike room. The fee is $125/year. There are currently spaces available. The Bike Room Application/Agreement can be downloaded from the Forms and Documents Page
Can I Store Other Things In The Basement?
Generally no however we do offer private storage lockers. Please contact the Superintendent for availability, sizes, and fee.
How Do I Make My Monthly Maintenance Payment?
Check – Pay by check and mail payment to: 200E 16th Street Housing Corp. % Orsid Realty Cooperation, P.O. Box 11684, Newark, NJ 07101-4684
ACH – Automatic transfer of monthly amount due, initiated by our office. You authorize our office to deduct payment from your bank checking or savings account on the 5th day of each month. The ACH Authorization Agreement has been distributed by Orsid Realty Cooperation. Please contact the Managing Agent for additional information at this time.
RPS (Remittance Payment Processing) – Online remittance payment set up by you on your Bank’s website. If you enter your building account information and mailing information as shown on your monthly invoice the payment from your bank will be electronically delivered.
Pay Online – Details will be forthcoming. Please contact the Managing Agent at this time.
Is There A Flip Tax In The Building?
Yes, and it’s 3%.