§ 49-02 — Appeal to New York City Tax Commission

§ 49-02 Appeal to New York City Tax Commission.

The Charter provides the process for a property owner to apply to the New York City Tax Commission for correction of the tentative assessment of real property by the Department of Finance. (i) For property classified as class one under Real Property Tax Law § 1802, property owners may submit applications to the Tax Commission for correction of the tentative assessment from January 15th until March 15th immediately prior to the tax year to which the tentative assessment pertains. (ii) For all other classes of property, property owners may submit applications to the Tax Commission for correction of the tentative assessment from January 15th until March 1st immediately prior to the tax year to which the tentative assessment pertains. (iii) Notwithstanding the above, New York City Administrative Code § 11-208.1 requires that the Tax Commission deny a hearing on the correction of the tentative assessment for any property as to which an income and expense statement is required but was not timely filed in the immediately preceding calendar year.