New York Real Property Tax Law Title 2-E - TAX EXEMPTION FOR CERTAIN CONSTRUCTION WORK ON MIXED-USE PROPERTY IN CITIES HAVING A POPULATION OF ONE MILLION OR MORE

• 489-Aaaaa - Definitions.
  When used in this title: 1. "Aggregate floor area" means the sum of the gross areas of the several floors of a building or structure,...
• 489-Bbbbb - Real Property Tax Exemption.
  1. Within the mixed-use construction exemption area specified in subdivision twelve of section 489-aaaaa of this title, the following benefits shall be available to qualified...
• 489-Ccccc - Eligibility for Benefits.
  1. A recipient of a certificate of eligibility with an effective date of July first, nineteen hundred ninety-five or after must make one-half the minimum...
• 489-Ddddd - Application for Certificate of Eligibility.
  1. Application for a certificate of eligibility pursuant to this title may be made on or after July first, nineteen hundred ninety-five and continuing until...
• 489-Eeeee - Reporting Requirement; Termination of Benefits.
  1. Upon approval of the department of buildings of the plans submitted in connection with the building permit and any amendments to such plans, the...
• 489-Fffff - Conversion of Property.
  1. Any recipient whose property is the subject of a certificate of eligibility pursuant to this title, and who converts square footage within such property...
• 489-Ggggg - Administration of the Benefit Program.
  The department of finance of any city having a population of one million or more persons shall have, in addition to any other functions, powers...
• 489-Hhhhh - Tax Lien; Interest Rate.
  All taxes plus interest required to be paid retroactively pursuant to this title shall constitute a tax lien as of the date it is determined...
• 489-Iiiii - Penalties for Non-Compliance, False Statements and Omissions.
  1. The department of finance may deny, reduce, suspend, terminate or revoke any exemption from tax payments pursuant to this title whenever (a) a recipient...

Last modified: February 3, 2019