Debasio abatement. Is he trying to take it away

Coudn't help but notice the limited time to file. Seems designed so that applicants miss the deadline. http://www.mondaq.com/unitedstates/x/562836/real+estate/Update+Application+Process+For+New+York+City+Cooperative+And+Condominium+Property+Tax+Abatements What are the Changes to the Coop- Condo Abatement for Buildings Currently Receiving Benefits? For buildings that already receive the Coop- Condo... [more]

Coudn't help but notice the limited time to file. Seems designed so that applicants miss the deadline. http://www.mondaq.com/unitedstates/x/562836/real+estate/Update+Application+Process+For+New+York+City+Cooperative+And+Condominium+Property+Tax+Abatements What are the Changes to the Coop- Condo Abatement for Buildings Currently Receiving Benefits? For buildings that already receive the Coop- Condo Abatement, two filings are now required instead of one. To continue receiving an existing abatement and to add new eligible homeowners to the abatement, sponsors and/or managing agents must file the 2017/2018 Tax Benefit Change Form by March 31, 2017. In future years, the form will be due by February 15th. Sponsors and/or managing agents must also file the 2016/2017 Tax Benefit Change Form by February 15, 2017 and must notify the Department of Finance of any changes in ownership or eligibility regarding apartments in the building. Copies of the Tax Benefit Change Forms are available here. Application Process for New Construction Buildings or Existing Buildings That Have Never Applied for the Coop-Condo Abatement March 1, 2017 is the filing deadline for the Coop-Condo Abatement application for buildings that will be first-time applicants – whether because they are new construction buildings or existing buildings that have never applied for benefits in the past. [less]