Market value grew in FY 2019, for the eighth straight year. The total City-wide market value of fully and partially taxable property exceeded $1.2 trillion dollars and was about 8.8 percent higher than in FY 2018.
Application submitted by the Department of Housing Preservation and Development (HPD), pursuant to Section 505 of Article 15 of the General Municipal (Urban Renewal) Law of New York State and Section 197-c of the New York City Charter for the First Amendment of the Waterside Plaza Urban Renewal Plan
The Real Property Transfer Tax (RPTT) is imposed on the consideration for conveyances or transfers where the consideration exceeds $25,000. This report includes NYC transactions with the date of sale between January 1 and December 31, 2017.
Local Law 4 of 2012 requires mortgagees to notify HPD within fifteen days when: Commence a mortgage foreclosure action; Discontinue a mortgage foreclosure action; Receive a judgment in a foreclosure action or sell the foreclosed property.