Helpful Links


Please find below some helpful websites:

To look up the last deed of record in Nassau County
https://i2f.uslandrecords.com/NY/Nassau/D/Default.aspx

Small Petroleum Tank Abandonments and Removals
https://apex5.nassaucountyny.gov/ords/f?p=340:97

Nassau County Certificate of Abandonment Requests
https://www.nassaucountyny.gov/1652/Health-Department

Star Application link – Nassau County
http://www.nassaucountyny.gov/DocumentCenter/View/9660

STAR application link – Suffolk County
http://www.tax.ny.gov/pdf/current_forms/orpts/rp425_fill_in.pdf

2020 NY Budget Bill
Additional NYS Transfer and Mansion Tax, effective July 1, 2019



Summary of the 2024 Housing Laws

On April 20, 2024 as part of the Budget Legislation, NYS Governor Hochul signed into law major new and amended housing laws which will reshape residential development and ownership in New York City and New York State. Rosenberg & Estis, P.C. has been closely tracking the new housing laws and will be presenting webinars about them starting the week of April 29, 2024. Please watch for an invitation to our first webinar on these new laws. Below is our initial summary of some of the major changes we will discuss in more detail at our upcoming webinars, which should not be construed as client advice. 

I. 421-a(16) Completion Date Extension – Must Be Requested Within 90 Days of HPD Issuing Form of “Letter of Intent”
II. Affordable Neighborhoods for New Yorkers Tax Incentive or “ANNY” – RPTL 485-x
III. Affordable Housing from Commercial Conversions Tax Incentive Benefits or “AHCC” – RPTL 467-m
IV. Good Cause Eviction – Amendments of Real Property Law and Real Property Actions and Proceedings
V. Individual Apartment Increases (“IAIs”) – Amendment of the Emergency Tenant Protection Act and Rent Stabilization Law
VI. Lifting 12.0 Residential Floor Area Ratio Cap of Certain Dwellings

Here’s a quick summary of some of the major changes we will be discussing:

I. 421-a(16) Completion Date Extension – Must Be Requested Within 90 Days of HPD Issuing Form of “Letter of Intent”

Part T of the Budget Legislation amends the 421-a(16) program to allow certain projects an additional 5 years, until June 15, 2031, to achieve their Completion Date. Projects which have vested for 421-a(16) through a Commencement Date on or before June 15, 2022 are currently required to achieve a Completion Date (TCO of CO for all residential areas) on or before June 15, 2026. NYS has amended 421-a(16)’s definition of “Eligible Multiple Dwelling” to allow for this extension provided such project does not use Affordability Option “C” or “G” (both of which allow project to provide 30% of units affordable at or below 130% of Area Median Income “AMI”). Projects must file a “Letter of Intent” with HPD requesting the extension within 90 days of HPD issuance of a Letter of Intent Form (HPD issuance required by June 19, 2024) to qualify for this Completion Date extension. If you are interested in a Completion Date extension for your 421-a(16) project, please contact your trusted R&E attorney or Daniel M. Bernstein.

 II. Affordable Neighborhoods for New Yorkers Tax Incentive or “ANNY” – RPTL 485-x

Part U of the Budget Legislation creates the ANNY program which provides a 10, 20, 35 or 40 year property tax exemption for eligible new construction projects and is a replacement of the expired 421-a program. Residential new multiple dwellings and eligible conversions can qualify for ANNY if they have a Commencement Date on or after June 16, 2022 and on or before June 15, 2034 and must have a Completion Date on or before June 15, 2038.