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Credits may be applied to your taxes or be given to you as a refund check. Clergy Exemption. Construction and Renovation Benefits. Co-Op and Condo Abatement. Crime Victim Exemption. Disabled Homeowners Exemption (DHE) School Tax Relief (STAR) Senior Citizen Homeowners Exemption (SCHE) Veterans Exemption.
Property Tax Benefits for Homeowners. The City of New York offers tax exemptions and abatements for seniors, veterans, clergy members, people with disabilities, and other homeowners.
All owners of the property must be 65 or older, unless the owners are spouses or siblings. If you own the property with a spouse or sibling, only one of you must meet this age requirement.
All owners must be 65 or older in the calendar year in which you are applying. If the owners are spouses or siblings, only one must be 65 or older. The total household income of all owners (residents and non-residents) and any owners spouse living on the property must be: for tax year 2023/2024 $93,200 or less.
In NYS under Article 11 of the Real Property Tax Law Foreclosure may begin after two years of delinquency on the taxes. However counties and cities have different policies and can extend that period to three to four years from the date of the delinquency.
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Real property owned by an enrolled member of an incorporated volunteer fire company, fire department or incorporated voluntary ambulance service or such enrolled member and spouse residing in any county shall be exempt from taxation to the extent of up to ten percent of the assessed value of such property for city,

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