Community Associations Institute (CAI), Long Island Chapter
Through our memberships in local organizations we strive to educate the community on real estate tax issues in Nassau and Suffolk counties on Long Island. Schroder and Strom, LLP, is proud to have been a sponsor for the CAI Long Island Dinner Seminar at the Huntington Hilton. For more than 20 years, we have been involved with the reduction of real estate taxes for cooperatives, condominiums, and homeowners associations, and we have aggressively pursued successful tax reductions for all of our clients, both commercial and residential.
We recommend that every Board of Managers and Board of Directors engage counsel to file annual tax appeals. Proposed legislation in Albany seeks to place greater tax burdens on condominiums in Suffolk County. We have made it our business to follow the progress of this legislation and alert our clients to the potential for large tax increases if the legislation passes.
We are proud of the long-term relationships we have made with our clients who live in condominiums, cooperatives, and homeowners associations. Achieving excellent results for our current clients has resulted in new business from other communities. Through meeting with organizations and attending board and community meetings, we keep communities and boards up-to-date on tax laws and what they can do to reduce their taxes.
Commitment to Public Service and Charities
Karen Strom chaired the annual Women, Golf & Business Luncheon for ten years, in conjunction with the PGA’s Championship Tour on Long Island. Funds raised benefitted Schneider Children’s Hospital for many years. She is a founding member of Pet Peeves, Inc., a 501(c)(3) organization dedicated to raising funds and awareness for Long Island’s struggling animal shelters and rescue groups. She has been a member of WEDLI for many years as well as serving on the Board as Treasurer for two terms. Karen has also been appointed to the Town of Oyster Bay Landmark Commission. In 2008, Karen was named one of the Top 50 Most Influential Women in Business on Long Island by Long Island Business News.
Michael Schroder’s 15-year tenure on the Village of Garden City Zoning Board was acknowledged at a dinner for residents of the Village who volunteer on Village Boards. He was also appointed a lifetime member of the Board of Directors of Education and Assistance Corporation after serving 14 years as a board member, Chairman of the Board, Counsel to the Board, and Chair of the nominating committee, as well as chairing several successful fundraisers.