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New York · Through 2026-09-11

N.Y. Real Property Tax Law § 489-hhhhhh: Administration of the benefit program

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Where this section sits in the code
  1. Real Property Tax Law
  2. Article 4. Exemptions
  3. Title 2-F. Abatement of Tax Payments For Certain Industrial and Commercial Properties In a City of One Million or More Persons

§ 489-hhhhhh. Administration of the benefit program. The department

shall have the following additional functions, powers and duties:

1. To require that any documents submitted in support of or as part of

an application be certified;

2. To audit documents submitted by an applicant, to require the

production of books, records and documents with respect to information

relating to any application made pursuant to, or whether the applicant

has complied with, the requirements of this title;

3. To revoke or suspend benefits due to non-compliance with a request

made under this section;

4. To enter and inspect property to determine a property's use and to

determine whether (a) any such property is being used for any restricted

use, or

(b) any property for which benefits have been granted for industrial

construction work is being used as commercial property, or (c) any

industrial or commercial property is being used as residential or

mixed-use property, or (d) all or part of the nonresidential portion of

mixed-use property is being used as residential property;

5. To make and promulgate a rule that increases up to fifty percent

the amount of the minimum required expenditure required under this

title, if, after consultation with the deputy mayor for economic

development and planning, the commissioner determines that a greater

minimum required expenditure is required to encourage significant

industrial and commercial development; and

6. To make and promulgate any other rules to carry out the purposes of

this title. Such rules shall provide that for construction work,

recipients of benefits and their contractors shall be equal opportunity

employers and may also provide that persons employed in the construction

work shall implement a training program for economically disadvantaged

persons enrolled or eligible to be enrolled in training programs

approved by the department of labor.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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