BLOG - Metropolitan Realty Exemptions

New Executive order by NYS Governor Hochul, as a replacement to the 421a(16) program for Gowanus projects.

adminJuly 19, 2023Uncategorized(0)

On July 18, 2023 NYS Governor Hochul signed an Executive Order with the objective of ...

NYC Property Tax & Exemptions Calendar:

adminMay 19, 2023Uncategorized(0)

January January 5th Taxable Status Date / Exemption Renewal Date January 5th The deadline for ...

Happening Now – AMI for 2023!

adminMay 16, 2023Uncategorized(0)

Area Median Income:2023 The Department of Housing Urban Development (HUD) has released the Area Median ...

Clarity: DHCR Increase vs. AMI Increase

adminMay 11, 2023Uncategorized(0)

As a developer, it’s important for you to understand the distinction between the increase in ...

You are not a real estate developer…What does the Gowanus Rezoning mean for you?

Brenda LevyAugust 16, 2022Uncategorized(0)

You own a property in the newly rezoned Gowanus, but you have no intention of ...

421a(15) Benefits Previously Implemented May Still be At Risk…

Judy LefkowitzAugust 9, 2022Uncategorized(0)

HPD has stepped up enforcement to replenish their lost pre-COVID revenue by revoking YOUR benefits! ...

Mandatory Inclusionary Housing – Is it good or bad?

Gitty ShteslAugust 9, 2022Uncategorized(0)

The Mandatory Inclusionary Housing Program (MIH) was introduced in March of 2016, as part of ...

421a(16) not grandfathered by June 15? You may still be lucky!

Perry RosenfeldAugust 1, 2022Uncategorized(0)

Everyone who dabbled with any sort of new construction recently, surely heard about June 15, ...

Metropolitan Realty Exemptions Inc. is a leading expert in NYC tax abatement filings. For the past 20 years, our firm has serviced property owners and developers as a one-stop-shop for all your property tax needs.

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