NY Executor Surcharged $630,000 for Selling Home Below Value

The owner of a Brooklyn, New York brownstone building died in 2009. The executor of her will sold the property to a personal acquaintance in 2011 for $670,000. Three days later, the purchaser sold the property for $1.3 million. A date of death appraisal valued the property in 2009 at $800,000. The assessed value was […]