Monday 8 June 2020

Property tax-deferral bills on City Council’s fast track

Two new bills in the City Council would allow New Yorkers to defer their property taxes and tenants to put off their rent, too. The first bill would allow property owners whose buildings are assessed at more than $250,000 to put off paying the full amount of their property taxes. To qualify, taxpayers would have to show the occupant of the building was affected by limitations on “seating, occupancy or on-premises service limitations” from an



source https://therealdeal.com/2020/06/08/property-tax-deferral-bills-on-city-councils-fast-track/

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