Tax Certiorari
Published on
The process for seeking a legal review of the property tax assessment. In NYC, a tax certiorari cannot result in a higher tax assessment; it can only be reduced or confirmed.
Did you enjoy this article? You’ll probably also like:
Which Properties Are Eligible to Receive ICAP Tax Benefits?
Our clients frequently ask whether their projects are eligible for New York City’s widely used Industrial & Commercial Abatement Program (ICAP). Although developers and property-owners have been utilizing ICAP (as well as its predecessor, ICIP) for a number of years, the question of project’s eligibility remains somewhat tricky to answer. In this post we’ll discuss […]
How to Rent the 130% AMI Units
It has been nearly a year since the City clarified the rules related to Affordable New York Housing Program (new 421-a). However, the developers of rental buildings are still struggling with the previously unfamiliar processes of Housing Lottery and tenant selection for income-restricted units.