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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. The exemption ...
Borough, Block, and Lot (also called Borough/Block/Lot or BBL) is the parcel number system used to identify each unit of real estate in New York City for numerous city purposes. It consists of three numbers, separated by slashes: the borough , which is 1 digit; the block number, which is up to 5 digits; and the lot number, which is up to 4 digits.
New York City was originally confined to Manhattan Island and the smaller surrounding islands that formed New York County. As the city grew northward, it began annexing areas on the mainland, absorbing territory from Westchester County into New York County in 1874 ( West Bronx ) and 1895 ( East Bronx ).
This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property. Values are determined by local officials, and may be disputed by property owners.
NEW CITY - Rockland County has asked a federal court to block a New York state income-generating plan to tax drivers for entering New York City below 60th Street in Manhattan.
This is a list of neighborhoods in the New York City borough of Manhattan arranged geographically from the north of the island to the south. The following approximate definitions are used: Upper Manhattan is the area above 96th Street. Midtown Manhattan is the area between 34th Street and 59th Street. Lower Manhattan is the area below 14th Street.
People gather outside of City Hall for a rally in support of the FARE Act ahead of a City Council meeting, Wednesday, Nov. 13, 2024, in New York.
New York City: Manhattan only; overlays with 212, 332, and 917 680: 2017: Syracuse, Utica, Watertown, and north central New York; overlay of 315 716: 1947 Buffalo, Dunkirk-Fredonia, Olean, Jamestown, Niagara Falls, Tonawanda and western New York; will be overlaid by 624 in 2024 718: 1984 New York City: all except Manhattan; overlays with 347 ...
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