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Bloomberg seeks to ease property tax burden on hurricane-hit homeowners

Some severly damaged properties may be eligible for tax relief because of damage caused by Hurricane Sandy. Photo by Christina Santucci
TimesLedger Newspapers

Mayor Michael Bloomberg said Thursday he is proposing two measures that would provide homeowners hard-hit by Hurricane Sandy some relief on their property taxes.

The first measure would give owners of homes that received a red tag — indicating they need extensive repairs or are beyond repair — an interest-free grace period before they would need to file their city property taxes. Under the proposal, their taxes would be due April 1 instead of the usual date of Jan. 1. About 3,000 properties would be eligible for the extension.

The second proposal, which would need to be approved by the state legislature, would give homeowners a rebate on their property taxes worth about $700. Bloomberg said he would expect fewer than 1,000 properties to receive the rebate.

“These two tax relief measures will, taken together, provide some help for New Yorkers who really need it and need it now,” Bloomberg said at a news conference at a restoration center in Staten Island.

The City Council is expected to take up the tax extension proposal at its next stated meeting on Dec. 10 and Bloomberg said he will urge the state legislature to take up the rebate proposal when it convenes in January.

Reach reporter Karen Frantz by e-mail at kfrantz@cnglocal.com or by phone at 718-260-4538.

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Lou from Bayside says:
How nice! Our limpwristed,effeminate speaking, lisping freak of a Mayor who has taxed,surchaged and fee'd everyone to death is now trying to show some humanity! Dont buy it. You can bet this fiend is dreaming up all sorts of taxes and fees that he will impose on everyone in the name of "climate change". Our benevolent , closeted Mayor is an absolute horrendous individual and is going to tax and fee everyone to death! He is a pathetic, evil creature!
Nov. 29, 2012, 9:21 pm
Lou from Bayside says:
On January 15 Mayor Bumblingberg will also be handing out ICE CUBES to everyone at Queens Borough Hall!He is such a generous , effeminate Mayor! We are lucky to have such a benevolent freak watching over us!
Nov. 30, 2012, 9:32 pm

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