CLE ANNOUNCEMENT: New York City Property Tax CLE, 1/12/23 (Revised)

CLICK HERE TO REGISTER

 

WHEN

Thursday, January 12, 2023, from 1:30 p.m. to 4:55 p.m.

WHERE

New York Law School, 185 West Broadway, New York, NY 10013

CREDIT

3 Transitional and Nontransitional CLE Credits: 2.5 in Professional Practice and 0.5 in Ethics and Professionalism

COST

$250 registration fee, $100 NYC Agency Attorneys

For more information and to register click here.

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Mayor Announces Advisory Commission on Property Tax Reform

Advisory commission will conduct comprehensive review of property tax system. On May 31, 2018, Mayor De Blasio announced the formation of an advisory commission to develop recommendations to reform the City’s property tax system. The reform aims to make the property tax system simpler, clearer, and fairer, as well as ensure that there is no reduction in revenue used to fund essential City services. The property tax system has not had an in-depth review by … <Read More>


421-a Property Tax Process Renewed

The revised Section 421-a offers new opportunities for affordable housing. The 421-a property tax exemption began in 1971 as an incentive for developers to develop badly needed housing in New York City. When the real estate market rebounded in the 80s, the program was amended to condition tax abatements on the construction of affordable housing units. The program expired in June 2016. In its place, the State Legislature passed the “Affordable New York” program in … <Read More>




Discriminatory Property Tax Case Dismissed

Tenant alleged that the City’s allocation of the property tax burden violated due process and equal protection. Ernest Robinson sought declaratory and injunctive relief alleging that the City’s property tax classification system created a disparate and adverse impact on African-American and Hispanic residents, deprived them of due process and equal protection of the laws, and violated the Fair Housing Act. Robinson alleged that the Class Two tax burden, heavily made up of rental multiple dwellings, … <Read More>