Thinking of Buying A Residential Apartment Building in NYC That Needs Renovating - What is a J-51 Abatement and Exemption
J-51 is a property tax exemption and abatement for renovating a residential apartment building. NYC Department of Housing Preservation and Development (HPD) determines eligibility for this program and NYC Department of Fiance administers the benefit to the property. To learn more regarding the application process and requirements of the J-51 Exemption and Abatemen visit NYC HPD - J-51 or New York City Department of Finance - J -51 NYC HPD Homeowner Repair Loan Programs http://www1.nyc.gov/site/finance/benefits/benefits-j51.page … (0 comments)
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