Co-op and Condo Abatement: City Council Letter to Finance Commissioner

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February 14, 2013
Department of Finance Extends Deadline for Forms to April 12th
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Co-op and Condo Abatement: City Council Letter to Finance Commissioner

On March 11, 2013, City Council Speaker Christine C. Quinn, along with Finance Committee Chair Domenic M. Recchia, Jr. and Council Member Mark Weprin, sent a letter to NYC Department of Finance Commissioner David M. Frankel stating that they were “surprised and dismayed to learn that School Tax Relief Program (STaR) recipients were receiving notices revoking their abatement.”

The letter said, “Given these reports, we are particularly concerned about the tight time frame DOF has provided to property owners to respond, particularly when this is a brand new requirement that many were not expecting. Most property owners received notification from DOF requiring submission of the form in early March. With a deadline of April 1st, that provides less than a month to respond. We strongly urge you to extend the deadline for co-op and condo owners to respond to May 1st.”

Click to download the entire letter (PDF).