N.Y. Real Property Tax Law § 489-jjjj: Tax lien; interest rate

§ 489-jjjj. Tax lien; interest rate. 1. All taxes plus interest

required to be paid retroactively pursuant to this title shall

constitute a tax lien as of the date it is determined such taxes and

interest are owed. All interest shall be calculated from the date the

taxes would have been due but for the exemption, abatement or deferral

claimed pursuant to this title at three per centum above the applicable

rate of interest imposed by such city generally for non-payment of real

property tax on such date.

2. All taxes for which payment is deferred pursuant to section four

hundred eighty-nine bbbb of this title shall constitute a tax lien as of

the date they are due and payable in accordance with the provisions of

that section.