Title RPT, Real Property Tax

§ 404. State of New York. 1. Real property owned by the state of\nNew York or any department or agency thereof, including but not limited\nto real property described in subdivisions two and three of this\nsection, whether heretofore or hereafter acquired or constructed, is and\n…

§ 406. Municipal corporations. 1. Real property owned by a municipal\ncorporation within its corporate limits held for a public use shall be\nexempt from taxation and exempt from special ad valorem levies and\nspecial assessments to the extent provided in section four hundred\nn…

§ 408. School districts and boards of cooperative educational\nservices. Notwithstanding any limitation contained in section four\nhundred six of this chapter, all real property owned by a school\ndistrict or board of cooperative educational services and all\nimprovements thereo…

§ 410. Special districts. Real property owned by a special district,\nor the property owners therein, within its boundaries used exclusively\nfor the purpose for which such district was established shall be exempt\nfrom taxation and exempt from special ad valorem levies and spec…

§ 410-a. Special districts. Real property owned by a special\ndistrict, or the property owners therein, not within its district\nboundaries which is used as a sewage disposal plant or system, including\nnecessary connections and appurtenances, or real property owned by a\nspecia…

§ 410-b. 1. Special water districts. Real property in the county of\nOswego owned by a special water district, not within its district\nboundaries and used as a pumping station, water treatment plant,\npipeline and/or reservoir, including all necessary connections and\nappurtena…

§ 412. Public authorities. Real property owned by public authorities\nenumerated in the public authorities law shall be entitled to such\nexemption as may be provided therein.\n

§ 412-a. Industrial development agencies. 1. Real property owned by or\nunder the jurisdiction, supervision or control of industrial development\nagencies enumerated in the general municipal law shall be entitled to\nsuch exemption as may be provided therein.\n 2. Application fo…

§ 412-b. Industrial development agency railroad property. Railroad\nreal property owned by or under the jurisdiction, supervision or control\nof an industrial development agency enumerated in the general municipal\nlaw which is leased by such agency to a railroad company shall b…

§ 414. Public housing, publicly assisted housing and limited-profit\nnursing homes. Real property owned by a municipal housing authority and\n"war demobilization emergency housing" shall be entitled to the\nexemption provided in the public housing law. Real property owned by a\n…

§ 416. United Nations. Real property owned by the United Nations or\nof any world-wide international organization of which the United States\nshall be a member and which shall be established and shall provide\ninternational agencies in order to maintain international peace and\n…

§ 418. Foreign governments. 1. Real property of a foreign\ngovernment which is a member of the United Nations or any world-wide\ninternational organization as defined in section four hundred sixteen of\nthis chapter, the legal title to which stands in the name of such\nforeign g…

§ 420-a. Nonprofit organizations; mandatory class. 1. (a) Real\nproperty owned by a corporation or association organized or conducted\nexclusively for religious, charitable, hospital, educational, or moral\nor mental improvement of men, women or children purposes, or for two or\…

§ 420-b. Nonprofit organizations; permissive class. 1. (a) Real\nproperty owned by a corporation or association which is organized\nexclusively for bible, tract, benevolent, missionary, infirmary, public\nplayground, scientific, literary, bar association, medical society,\nlibra…

§ 420-c. Exemption from local real property taxation of certain low\nincome housing accommodations in a city having a population of one\nmillion or more. 1. In a city having a population of one million or\nmore, real property owned by a corporation, partnership or limited\nliabi…

§ 421-a. Affordable New York Housing Program. 1. The following terms,\nwhenever used or referred to in this section, shall have the following\nmeaning, unless a different meaning clearly appears in the context.\n a. "Adjusted Monthly Rent." The rent payable per month as provided…

§ 421-b. Exemption of certain private dwellings, multiple dwellings\nand improvements from local taxation; certain cases. 1. (a) Within a\ncity having a population of one million or more, private dwellings (land\nand improvements) to be occupied as a residence for the first time…

§ 421-c. Exemption of certain new multiple dwellings from local\ntaxation. 1. The provisions of this section shall apply to each town,\nvillage or city with a population of less than one million which has\ndeclared an emergency in accordance with the provisions of the emergency\…

* § 421-d. Exemption of multiple dwellings financed by the New York\nstate housing finance agency from local taxation. 1. The local\nlegislative body of any city, town or village having a population of\nless than one million is hereby authorized and empowered to adopt and\namend…

§ 421-e. Exemption of cooperative, condominium, homesteading and\nrental projects from local taxation. The local legislative body of any\ncity, town or village is hereby authorized and empowered to adopt and\namend a local law to provide that any cooperative, condominium,\nhomes…

§ 421-f. * Exemption of capital improvements to residential buildings\nand certain new construction.\n * NB Effective until January 1, 2026\n * Exemption of capital improvements to residential buildings.\n * NB Effective January 1, 2026\n1. Residential buildings reconstructed, a…

§ 421-ff. Exemption of capital improvements to residential buildings\nin cities with a population between twenty-seven thousand five hundred\nand twenty-eight thousand based upon the two thousand ten federal\ncensus. 1. Residential buildings which have been reconstructed, altere…

§ 421-g. Exemption from local taxation of certain multiple dwellings.\n1. When used in this section:\n (a) "Aggregate floor area" shall mean the sum of the gross areas of\nthe several floors of a building, measured from the exterior faces of\nexterior walls or from the center li…

* § 421-h. Exemption of capital improvements to multiple dwelling\nbuildings within certain cities. 1. Multiple dwelling buildings,\nreconstructed, altered, converted back to an owner occupied single\nfamily dwelling or any owner occupied multiple dwelling located in any\ncity h…

* § 421-h. Exemption of capital improvements to residential buildings.\n1. Residential buildings reconstructed, altered or improved subsequent\nto the effective date of a local law or resolution pursuant to this\nsection shall be exempt from taxation and special ad valorem levie…

* § 421-i. Exemption of capital improvements to multiple dwelling\nbuildings within certain cities. 1. Multiple dwelling buildings,\nreconstructed, altered, converted back to an owner occupied single\nfamily dwelling or any owner occupied multiple dwelling located in any\ncity h…

* § 421-i. Exemption of capital improvements to multiple dwelling\nbuildings within certain cities. 1. Multiple dwelling buildings,\nreconstructed, altered, converted back to an owner occupied single\nfamily dwelling or any owner occupied multiple dwelling located in any\ncity h…

* § 421-j. Exemption of capital investment in multiple dwelling\nbuildings within certain cities. 1. New construction of a multiple\ndwelling building, reconstruction, alteration, or improvement of a\npre-existing multiple dwelling building or structure which is to be\noccupied …

* § 421-j. Exemption of capital improvements to multiple dwelling\nbuildings within certain cities. 1. Multiple dwelling buildings,\nreconstructed, altered, converted back to an owner occupied single\nfamily dwelling or any owner occupied multiple dwelling located in any\ncity h…

§ 421-k. Exemption of certain multiple dwellings. 1. Multiple dwelling\nbuildings, reconstructed, altered, converted back to an owner occupied\nsingle family dwelling or any owner occupied multiple dwelling located\nin any city having a population of more than twenty-eight thous…

§ 421-l. Exemption of capital improvements to residential buildings in\ncertain towns. 1. Residential buildings designed and occupied\nexclusively for residential purposes by not more than three families\nthat are reconstructed, altered or improved subsequent to the effective\nd…

§ 421-m. Exemption of certain new or substantially rehabilitated\nmultiple dwellings from local taxation. 1. (a) A city, town or village\nmay, by local law, provide for the exemption of multiple dwellings\nconstructed or substantially rehabilitated in a benefit area designated\n…

§ 421-n. Exemption of capital improvements to multiple dwelling\nbuildings within certain cities. 1. Multiple dwelling buildings,\nreconstructed, altered, converted back to an owner occupied single\nfamily dwelling or any owner occupied multiple dwelling located in any\ncity hav…

* § 421-o. Exemption of capital improvements to multiple dwelling\nbuildings within certain cities. 1. Multiple dwelling buildings,\nreconstructed, altered, converted back to an owner occupied single\nfamily dwelling located in any city having a population of more than\neight th…

* § 421-o. Exemption of capital improvements to multiple dwelling\nbuildings within certain cities. 1. Multiple dwelling buildings,\nreconstructed, altered, converted back to an owner occupied single\nfamily dwelling located in any city having a population of more than ten\nthou…

* § 421-p. Exemption of newly-constructed or converted rental multiple\ndwellings. 1. (a) A city, town or village may, by local law, provide for\nthe exemption of rental multiple dwellings constructed or converted in a\nbenefit area designated in such local law from taxation and…

* § 421-p. Exemption of capital improvements to residential new\nconstruction involving the creation of accessory dwelling units. 1.\nResidential buildings reconstructed, altered, improved, or newly\nconstructed in order to create one or more additional residential\ndwelling uni…

§ 421-pp. Exemption of newly converted or constructed fully income\nrestricted rental multiple dwellings. 1. (a) A city, town or village\nmay, by local law, provide for the exemption of rental multiple\ndwellings constructed or converted in a benefit area designated in such\nloc…

§ 421-q. Exemption from taxation for capital improvements to\nresidential buildings to reduce carbon emissions. 1. For the purposes of\nthis section, the following terms shall have the following meanings:\n (a) "Eligible real property" means any owner-occupied building or\nstruc…

§ 422. Not-for-profit housing companies. 1. (a) Real property owned by\na not-for-profit corporation organized pursuant to the not-for-profit\ncorporation law and the provisions of article two of the private housing\nfinance law, used exclusively to provide housing and auxiliary…

§ 423. Phase out of exemption for redevelopment company projects upon\nthe cessation of the tax exemption granted pursuant to contract. (1)\nAfter the expiration of any tax exemption granted a redevelopment\nproject pursuant to section one hundred twenty-five of the private\nhou…

§ 424. Institute of arts and sciences. Real property which may\nhereafter be acquired within a city having a population of one million\nor more by a corporation, organized exclusively as an institute of arts\nand sciences for the general purposes of the encouragement of the stud…

§ 425. School tax relief (STAR) exemption. 1. Generally. Real property\nwhich satisfies the requirements of this section shall be exempt from\ntaxation for school purposes as provided herein.\n 2. Exempt amount. (a) Overview. There shall be two variations of the\nexemption autho…

§ 425-a. Abatement of county taxes in special assessing units. 1.\nLocal option. The local legislative body of a county that is a special\nassessing unit may provide by local law for the partial abatement of\ncounty taxes pursuant to this section. Such abatement shall apply to\n…

§ 426. Opera houses. Real property owned by any corporation whose\ncertificate of incorporation is approved by the commissioner of\neducation and which is organized to sustain, encourage and promote\nmusical art and to educate the general public in good music, provided\nmoneys d…

§ 427. Performing arts buildings. Real property owned by any\ncorporation whose certificate of incorporation is approved by the\ncommissioner of education and which is organized to sustain, encourage\nand promote musical and performing art, including opera, concerts,\nballet, dr…

§ 428. Fraternal organizations; entire net income for education and\nrelief of members. Real property owned by any fraternal corporation,\nassociation or body created to build and maintain a building or\nbuildings for its meeting or meetings of the general assembly of its\nmembe…

§ 429. Real property used for professional major league sports. Real\nproperty within a city having a population of one million or more, used\nby both a professional major league hockey team which is a member of the\nNational Hockey League and a professional major league basketb…

§ 430. Interdenominational centers. 1. Real property owned by a\ncorporation organized for the purposes of establishing an\ninterdenominational center to assist in the work of and to promote\ncooperation among various religious denominations, and to acquire or\nerect a building …

§ 432. Theatrical corporations created by act of congress. 1. Real\nproperty owned by a corporation created by an act of the congress of the\nUnited States on a non-profit basis and without capital stock, and\norganized and used exclusively for the purposes of stimulating public…