…Building expenses are then passed on to homeowners in annual fees, known as common charges or homeowner-association (HOA) fees, says real-estate appraiser Jonathan Miller of New York-based Miller Samuel. The homeowner association sets the budget for a building…
According to Mr. Miller, Manhattan common charges, including real-estate taxes, were $1.72 per square foot for the third quarter of 2013, up almost 9% from $1.58 per square foot last year…
