News

The 2014-2015 Coop-Condo Tax Abatement Application is Now Available

0

Eligible Cooperative and Condominium Developments applying for the tax abatement for the first time need to complete the 2014/2015 Cooperative and Condominium Property Tax Abatement application.  The deadline is March 1, 2014. The application can be found at: 2014-2015 Coop-Condo Tax Abatement Application.

Condominium owners applying for the benefit for the first time in condominium developments that already receive the abatement need to file Section A of the Condominium Property Tax Abatement Renewal Application and have their board submit the completed application.  The deadline is February 15, 2014.  The application can be found at: Condominium  Renewal Application.

Cooperative owners applying for the benefit for the first time in cooperative developments that already receive the abatement should have their board submit the completed Co-op Tax Benefit Change Form, the deadline is February 15, 2014.  The instruction to the form can be found at: Cooperative Benefit Change Form.

All of the above applications must be submitted by the board of directors or managing agent on behalf of the entire cooperative or condominium development.  Applications from individual cooperative or condominium unit owners will not be accepted by the Department of Finance.