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Responsibilities. The Department of Finance (DOF) collects more than $33.2 billion in revenue for the City and values more than one million properties worth a total market value of $988 billion. In addition, DOF also: Records property-related documents. Administers exemption and abatement programs.
NYC Homeowners Set For Property Tax Rebate: Here's What To Know. Roughly 500,000 eligible homeowners across New York City could get a check worth hundreds of dollars. Find out how much...
NEW YORK CITY — A $150 property tax rebate is headed toward hundreds of thousands of low- and middle-income New York City homeowners, Mayor Eric Adams said. Adams signed legislation...
New York City Tax Growth Chart. Based on New York City Independent Budget Office Summary. S.7000-A is the name given to the current dominant property tax law in effect in New York State affecting New York City. Surrounding areas such as Nassau County have similar laws.
New York City's much-hated property tax system soon could be overhauled. Here's what homeowners need to know about what's being discussed. Matt Troutman , Patch Staff
The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York City.