If you started your search to buy an apartment or home in NYC, you’ve likely come across countless mentions of tax abatements in the various listing descriptions you’ve read online. Whether or not you are familiar with the concept of property tax abatement in NYC, you would probably prefer to pay less in property taxes if possible.
For that very reason, below is a compiled NYC Tax Abatements Guide for buyers to learn more about these cost-saving property benefits - including real estate tax abatements and exemptions.
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