RPIE Filing Due June 1st, 2022
The Department of Finance just sent us an email reminding us that RPIE filing must be completed as of June 1, 2022. That means any property for which an RPIE is required must have same completed by June 1 or before. We recommend this filing be completed a few days prior to the actual deadline…
RPIE 2021 Filing Period Is Now Open For Filing
The City has indicated the RPIE 2021 filing period is now open for filing. Please go to www.nyc.gov/rpie and complete, file and send us a copy of your filing(s) for your building(s) without delay. Please contact us if you have any questions. Richard ChernoffNew York Advisory Services
Another Filing Deadline Met.
Another year has come and gone and we’ve completed another busy March 1 filing with the New York City Tax Commission. While this filing, as in past years, wound up being a bit hectic on the last day, most of you got us the paperwork and any answers we needed prior to the final day…
February 22nd Deadline Approaching
We are approaching the Tax Commission’s March 1 deadline, and as indicated in our package to you, we expect the signed/executed papers from you by February 22d; any questions, concerns and/or issues should be brought to our attention without delay. Over the past several years the Tax Commission accepted applications by electronic filing, but given…
Another Year Upon Us
The assessments were released this year on Tuesday, January 18th, and for the most part many of the new assessments (especially for non-residential properties) show somewhat significant increases. We have begun the process of preparing applications for your properties and have begun mailing/sending/overnighting documentation to you. Once you have received this paperwork please be sure…
Happy New Year!
Happy 2022! We hope you and your family/friends/loved ones have had a wonderful holiday season and are staying warm, safe and healthy. These are difficult days and we are all facing a lot, so we are hopeful that you are doing well despite all that is happening in and around our cold, embattled City. The…
Happy Holidays from New York Advisory Services!
Given there are very few remaining shopping days before Christmas and we all are facing various issues including but not limited to remarkably cold weather, finding those last few gifts, COVID around the City and beyond, and the specter of soon-to-be released 2022 real estate taxes, we want to wish you happy holidays to you…
2021 in Review: A Year of New Successes for Our Clients
Season’s Greetings! As we await the forthcoming assessments on or around January 15th, we’d like to take a moment to wish you and your family a happy, healthy holiday season. The holidays culminate in the ending of the current year and the commencement of the new year, and there is no better time to take…
When to Petition for a Property Tax Reduction
The leaves are changing colors and scattered on the ground, temperatures are becoming cooler, and this coming weekend we fall back, gaining an hour on our clock. That means one thing: we have just completed another large-scale filing of petitions. Each year, if the Tax Commission declines to offer a reduction on your property, we…
Are You Finding it More Difficult to get Tax Reductions?
Now that the deadline for filing 2021/22 Protests is past, we can all breathe a sigh of relief at the – albeit brief – respite before hearings for 2021/22 commence. As we have advised our clients, it has become increasingly difficult to obtain reductions from the Tax Commission. Filing an application together with an Income…