This procedure outlines what NYC Department of Finance requires to apportion and approve a new condominium. Our goal is to make sure the public understands our review process and knows exactly what information and...
Category - NYC Government
marketproofNew York City Property Tax System Background
New York City Property Tax System History 1975 Court of Appeals Case: Hellerstein v. Town of Islip – SeminalcaseforrealpropertytaxreforminNYS In 1981, NY’s Real Property Tax Law was amended to create what is effectively...
NYC Advisory Commission on Property Tax Reform: Preliminary Report Jan 2020
The NYC Advisory Commission on Property tax Reform reached consensus on 10 initial recommendations: The Commission recommends moving coops, condominiums and rental buildings with up to 10 units into a new residential...
NYC Retail Registry Legislation
Legislation Text – Int 1472-2019 Int. No. 1472-B City Hall New York, NY 10007 File #: Int 1472-2019, Version: B By Council Members Rosenthal, The Speaker (Council Member Johnson), Levine, Ayala, Brannan, Rivera...
HUD-1 Settlement statement: what’s in it?
The HUD-1 Settlement Statement is a government form that was used widely before 2015 when buying, selling and refinancing real estate. It lists all the charges and credits to the buyer and seller in a real estate...
NYC Class 2 Residential Property Taxes Guide
Market Value —Valuing Your Property The NYC Department of Finance assigns Market Values to all properties in New York City – approximately 1,045,000 properties each year. Market Value is the worth of your property...
