N.Y. Real Property Tax Law § 300: Property subject to taxation

§ 300. Property subject to taxation. All real property within the

state shall be subject to real property taxation, special ad valorem

levies and special assessments unless exempt therefrom by law.

Notwithstanding any provision of this chapter or of any other general,

special or local law to the contrary, personal property, whether

tangible or intangible, shall not be liable to ad valorem taxation.