New York City · Through Local Law 2026/135 (enacted August 31, 2026)

N.Y.C. Admin. Code § 26-1503: § 26-1503 Results of audit.

Where this section sits in the code

New York City Administrative Code
Title 26
Chapter 15: Audits for Compliance with 421-a Tax Exemption Affordability Requirements

Where an audit performed pursuant to section 26-1502 reveals that a building owner is not in compliance with the applicable affordability requirements, the department shall take action to bring such building into compliance, which action may include, but need not be limited to, commencing tax exemption revocation proceedings.

(L.L. 2017/193, 10/16/2017, eff. 10/16/2018)

Collected 2026-09-06T02:48:57Z. Source file · JSON

Browse this collection