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GLEN OAKS VILLAGE OWNERS, INC.
Fees for Basement Conversions
$1,500 |
Alteration Agreement Fee Reclaim Cellar for a Basement Conversion
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$4,500 |
Asbestos Abatement Fee charged to Shareholders
approved to Reclaim Cellar for Basement Conversion.
This fee is for the removal of exposed asbestos in the basement cellar that has been done by Glen Oaks Village Owners, Inc. (This fee does not cover the cost to remove any additional asbestos or re-insulate any pipes that may require insulation due to your construction work).
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$3,000 |
Architect's Fee (Estimated) for total legalization of
Basement Conversion, including plans, required documentation, NYC Department of Buildings' microfilm fee, ACP-5 (non-asbestos project inspection Report, permit fee, amendment fee and obtaining final Letter of Completion, etc.)
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Variable |
NYC Buildings Department Filing Fee. This fee is billed by your Architect and is based on the estimated job cost. |
Variable |
Cost of Actual Construction. |
$250.00 |
Re-issuance of Stock Certificate and Proprietary Lease. This is a standard fee for the re-issuance of these documents-required for all Basement Conversions
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15% Increase |
Maintenance will be increased 6 months from date your Work Permit is issued.
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BASEMENT CONVERSION ADDITIONAL COST ESTIMATES
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If the basement ceiling is removed there may be additional asbestos removal costs. As of Sept 2008 these costs were estimated to be $3.00 per sq ft for ceiling removal, $16.00 per linear foot for asbestos removal and $6.00 per linear foot for pipe reinsulation. These costs are subject to change
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