Property Tax Reform's Impact on Philadelphia Condominiums

Apr 3, 2013

City Councilman James Kenney to speak at Forum on Actual Value Initiative

King of Prussia, PA.: Philadelphians who live in one of the city’s approximately 1000 condominium and cooperative associations can learn how property tax reform will affect them at a seminar co-hosted by the Pennsylvania & Delaware Valley Chapter of Community Associations Institute (CAI), a national non-profit organization that advocates for community associations and those who call them home, and the Greater Philadelphia Condo Managers Association. City Councilman James Kenney will be one of the speakers at this program, which will focus specifically on how condominiums and cooperatives may be impacted by the Actual Value Initiative. The session, which costs $40 for CAI members and $60 for non-members (discounts apply for early registration) will be held on Wednesday, April 24, 2013 in the Atrium at the BNY Mellon Bank Building, located at 1735 Market Street in Philadelphia, from 8:30 to 11:00 AM. The session includes continental breakfast and advanced registration is suggested. Individuals can register online at www.cai-padelval.org or call 877-608-9777.

The session will feature City Councilman James Kenney and a speaker from the city’s Office of Property Assessment and will be moderated by Gary A. Krimstock, Esq., an attorney with the Center City, Philadelphia law firm of Fineman, Krekstein & Harris.

CAI is a 33,000 member organization dedicated to building better communities. Working in partnership with 60 state and regional chapters—including the Pennsylvania & Delaware Valley Chapter—CAI provides information, education and resources to associations and the professionals who support them. Our mission is to inspire professionalism, effective leadership and responsible citizenship, ideals reflected in communities that are preferred places to call home. CAI’s Pocono Mountains Regional Council hosts educational programs on issues affecting community associations in the Poconos. For more information, call 877-608-9777 or visit www.cai-padelval.org.

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