Public Advocate Jumaane Williams Image Credit: NYC City Council
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, Committee on Finance public hearing.
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Governor Cuomo addressing the COVID-19 Crisis Image Credit:
Mike Groll/Office of Governor Andrew M. Cuomo
All construction permits will need to be active and renewed during the suspension period. On March 30, 2020, the Department of Buildings announced that all work on non-essential construction and demolition sites is suspended for the duration of the COVID-19 public health emergency. Buildings made the decision to suspend such construction and demolition following Governor Andrew Cuomo’s amended executive order and the Empire State Development Corporation’s guidelines. The executive order, which required non-essential businesses and nonprofits to limit in-person work to curb COVID-19 transmission, was amended on March 27, 2020 to include the suspension of all non-essential construction.
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