N.Y. Real Property Tax Law § 418: Foreign governments

§ 418. Foreign governments. 1. Real property of a foreign

government which is a member of the United Nations or any world-wide

international organization as defined in section four hundred sixteen of

this chapter, the legal title to which stands in the name of such

foreign government or the principal resident representative or resident

representative with the rank of ambassador or minister plenipotentiary

of such foreign government to the United Nations or other such

world-wide international organization, used exclusively for the purposes

of maintaining offices or quarters, for such representatives, or offices

for the staff of such representatives, shall be exempt from taxation,

except levies made on a city-wide or borough-wide basis which are

collectible with the real property tax, and special ad valorem levies to

the extent provided in section four hundred ninety of this chapter. If

a portion only of any lot or building of any such government or

representative is used exclusively for the purposes herein described,

then such portion only shall be exempt and the remainder shall be

subject to taxation unless otherwise exempt from taxation by law. The

exemption granted by this section shall apply to taxes which become due

and payable after the date such property is used for the purposes herein

stated, and shall continue with respect to such property as long as it

remains the property of such government and is used for the purposes

herein stated and no longer.

2. If at any time (a) special ad valorem levies or special

assessments levied against the property or (b) taxes with respect to the

taxable portion of the property, if any, are in arrears, the exemption

granted herein shall not apply until the arrears are fully paid.