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Common Elements
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Reserves
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Data sourced from New York Secretary of State filings, county public records, FEMA, and the U.S. Census Bureau. Not legal advice. Consult association counsel for governance questions.
See also the New York Condominium Act (NY Real Prop. Law § 339).
Most recent significant event in Kings County: Flash flood, Oct 30, 2025.
County-level weather records from the NOAA NCEI Storm Events Database, for context. NOAA logs each event for a whole county or forecast zone, not for individual properties, so counts and damage estimates describe Kings County as a whole, never this association's own loss history.
Source: NOAA NCEI Storm Events Database · events since 2015
Annual change in Kings County
2020 +1.6% · 2021 +3.2% · 2022 +6.9% · 2023 +2.3% · 2024 +1.8% · 2025 +4.6%
Area price appreciation for context, not an appraisal of this association or any unit. FHFA labels this index developmental: it is built from Fannie Mae and Freddie Mac mortgage data, and small housing markets are suppressed.
Source: FHFA All-Transactions House Price Index · as of Mar 2026