By Carl Campanile
Excerpt:
A top Co-Op City official warned that residents could pay four times more in monthly maintenance charges if New York State’s controversial green-energy laws aren’t peeled back.
Jeffrey Buss, Co-Op City’s general counsel, claimed monthly maintenance fees could skyrocket from $950 for a one-bedroom to more than $4,000 to pick up the tab for the edicts.
Some 50,000 working and middle class residents of The Bronx complex, which is America’s largest residential cooperative, could see their affordable digs become unaffordable if the co-ops are forced to dish out as much as $1 billion to rewire buildings and revamp infrastructure, he said.
“Carbon reduction is important,” Buss said. “But you can’t achieve it by destroying affordable housing,”
