Zoning Page

City to Proactively Notify NYC Property Owners of Tax Exemptions and Recordings

  • When: 2025/01/14
  • Address: New York, NY
  • City: New York
  • State: NY
  • Category: Zoning Code Modification
  • Subcategory: Process updates
  • Asset Class: Land

Local Law Intro.782-A directs the NYC Department of Finance to enhance its outreach by including detailed exemption eligibility and application information (Senior Citizen Homeowner, Disabled Homeowner, Co-op/Condo Abatement, Veterans) in its annual Notice of Property Values; sending renewal reminders for expiring exemptions; and issuing automatic ACRIS notifications when any mortgage, lien, or deed-related document is recorded against a property. These measures will leverage existing mailings, targeted outreach events, and new welcome packets for purchasers to ensure owners and designated third parties receive timely guidance on tax savings, renewal procedures, and deed‐theft safeguards.

Source

Applicant - NYC Department of Small Business Services


Ownership - Queens Plaza/Court Square BID


City Representative - Julie Won