New York City has pushed back the deadline for residential property owners to request an exemption from the new pied-a-terre surcharge and is sending a new round of letters reflecting revised initial determinations.
Amid litigation over the rollout of the new pied-a-terre tax on residential properties that meet set value thresholds and don’t serve as a primary residence, New York City has extended a key deadline. Property owners now have until October 6 to apply for a surcharge exemption.
This is the second deadline extension — the city previously pushed the initial late August deadline to September 18.
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