Stroock Special Bulletin
"New York City Releases New Real Estate Tax Assessments for 2015/16"
On January 15th, the New York City Department of Finance published the new tentative assessment roll for the upcoming 2015/16 tax year, which begins on July 1, 2015. The publication of the new assessment roll is also the start of the filing period for submitting protest applications to the New York City Tax Commission.
- The Tax Commission's filing deadline for most types of property is normally March 1st, but for this year only the deadline is extended to March 2nd.
- Residential properties with 1 to 3 family units normally have until March 15th to file, but again for this year only the deadline is extended to March 16th.
- No further extensions are possible with respect to either of these deadlines. Please be sure to comply with these filing dates in order to preserve your right to contest the new assessments.