City Council Intends to Aid Property Owners with Two Tax Deferment Bills

Public Hearing hinges on interest rates and how property tax deferments affect the City budget. On June 18, 2020, the City Council officially introduced two bills that would defer July 1, 2020, property tax liabilities for COVID-19 impacted property owners. One bill addresses the tax liabilities of primary residences and the other addresses the tax liabilities of businesses affected by the pandemic. The bills were originally heard as preconsidered bills at the June 10, 2020, … <Read More>


Mayor Directs DOT to Administer Open Restaurants Plan Ahead of Phase 2 Reopening

Today marks NYC’s official Phase 2 reopening. On June 22, 2020, New York City officially entered Phase 2 of the State’s COVID-19 reopening plan. In preparation for the reopening, Mayor Bill de Blasio signed an executive order directing the Department of Transportation, with aid from the Department of Health and Mental Hygiene and the Department of Small Business Services, to administer the “Open Restaurants” plan. The Open Restaurants plan will generally permit restaurants and bars … <Read More>