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Home » US Law » 2022 New York Laws » Consolidated Laws » RPT - Real Property Tax » Article 4 - Exemptions » Title 2-F - Abatement of Tax Payments for Certain Industrial and Commercial Properties in a City of One Million or More Persons » 489-GGGGGG – Temporary Commercial Incentive Area Boundary Commission; Designation of Special Commercial Abatement Areas; Excluded and Renovation Areas.
§ 489-gggggg. Temporary commercial incentive area boundary commission;
designation   of   special  commercial  abatement  areas;  excluded  and
renovation areas. 1. Commission members. Any city enacting a  local  law
pursuant  to section four hundred eighty-nine-bbbbbb of this title shall
establish a temporary commercial incentive area boundary  commission  to
consist  of  a deputy mayor designated by the mayor, the commissioner of
finance, the chair of the city  planning  commission,  the  director  of
management  and  budget, the borough presidents, the speaker of the city
council and a public member appointed by  the  mayor  to  serve  at  the
mayor's  pleasure.  Each  member except the public member shall have the
power to designate an alternate to represent him or  her  at  commission
meetings to exercise all the rights and powers of such member, including
the  right to vote, provided that such designation be made in writing to
the chair of the commission. The deputy mayor designated  by  the  mayor
shall  serve  as  commission  chair.  Each  borough  president  shall be
entitled to vote only on the designation of  areas  within  his  or  her
borough.  Commission  members who shall be officers or employees of such
city shall serve  without  compensation  but  shall  be  reimbursed  for
expenses  necessarily  incurred  in the performance of their duties. Any
other commission member shall receive as exclusive compensation for  his
or  her  services  one  hundred  dollars per diem, or another reasonable
amount as determined by  the  deputy  mayor  designated  by  the  mayor,
provided,  however,  that the total compensation paid to any such member
shall not exceed twelve  hundred  dollars  for  any  calendar  year,  or
another  reasonable  amount determined by the deputy mayor designated by
the mayor. A majority of members of such commission entitled to vote  on
a  matter  shall  constitute a quorum for such issue. Decisions shall be
made by majority vote of those present entitled to  vote  on  a  matter.
Notwithstanding any other law to the contrary, no officer or employee of
the  state  or any of its subdivisions or any public benefit corporation
shall be deemed to have forfeited his or her office or employment or any
benefits provided under the retirement and social security law or  under
any  public  retirement  system  maintained  by  the state or any of its
subdivisions by reason of accepting membership on such commission.
  2.  Designation  of  special  commercial  abatement  areas.  (a)   The
commission  shall  meet in two thousand nine or two thousand fifteen and
at least once every five years thereafter to determine the boundaries of
special commercial abatement areas  which  it  is  authorized,  but  not
required, to designate pursuant to this section. The areas designated by
the  commission  established  pursuant to title two-D of this article in
effect as of June thirtieth, two thousand eight shall remain  in  effect
until  the  first  taxable  status date after the local legislative body
approves a new designation pursuant to paragraph (d) of this subdivision
or, if the local legislative body does not  approve  a  new  designation
before  January  first,  two  thousand  sixteen,  then,  for purposes of
applications for special commercial abatement area benefits,  the  areas
designated by the commission established pursuant to title two-D of this
article  in effect as of June thirtieth, two thousand eight shall remain
in effect until December thirty-first, two thousand fifteen.

(b) In years when special commercial abatement areas are to be designated, no later than October first, the commission shall provide public notice of such designation by publishing a notice at least once in a newspaper of general circulation setting forth the proposed boundaries. Notice may also be provided electronically or in an electronic medium, such as a website, in a manner the commission determines to be appropriate. Notice must be provided not earlier than five nor later than fifteen days before the date of the commission's public hearing to hear all persons interested in the designation of the areas. A copy of the notice shall be forwarded to the local legislative body and each community board of the city.

(c) The commission shall make such designation, and notify the local legislative body of such designation, not later than November first of each year when special commercial abatement areas are to be designated.

(d) Within thirty days after the first stated meeting of the local legislative body following the receipt of notice of such designation, the local legislative body may, by majority vote, disapprove such designation. If, within such thirty-day period, the local legislative body fails to act or fails to act by the required vote, the local legislative body shall be deemed to have approved such designation. Such designation shall take effect on the first taxable status date after the local legislative body approves such designation and shall remain in effect until the first taxable status date after the local legislative body approves such new designation.

(e) In the city of New York, the commission may designate any area other than the area lying south of the center line of 96th Street in the borough of Manhattan, to be a special commercial abatement area if it determines that market conditions in the area are such that the availability of a special abatement is required in order to encourage commercial construction work in such area. In making such determination, the commission shall consider, among other factors, the existence in such area of a special need for commercial and job development, high unemployment, economic distress or unusually large numbers of vacant, underutilized, unsuitable or substandard structures, or other substandard, unsanitary, deteriorated or deteriorating conditions, with or without tangible blight.

(f) If the commission fails to meet in two thousand fifteen, all new applications for special commercial abatement area benefits postmarked after December thirty-first, two thousand fifteen shall be deemed applications for regular area benefits. 3. Renovation areas. In the city of New York, the following areas of Manhattan shall be designated as renovation areas. Except as provided in paragraph (f) of subdivision three of section four hundred eighty-nine-bbbbbb of this title, new commercial construction in a renovation area shall not be eligible for abatement benefits. Renovation areas shall be limited to:

(a) the area in the borough of Manhattan bounded by Murray Street on the north starting at the intersection of West Street and Murray Street; running easterly along the center line of Murray Street; connecting through City Hall Park with the center line of Frankfort Street and running easterly along the center line of Frankfort and Dover Streets to the intersection of Dover Street and South Street; running southerly along the center line of South Street to Peter Minuit Plaza; connecting through Peter Minuit Plaza to the center line of State Street and running northwesterly along the center line of State Street to the intersection of State Street and Battery Place; running westerly along the center line of Battery Place to the intersection of Battery Place and West Street; and running northerly along the center line of West Street to the intersection of West Street and Murray Street;

(b) the area in the borough of Manhattan defined as the special garment center district by chapter one of article XII of the zoning resolution of the city of New York; and

(c) the area in the borough of Manhattan south of the center line of 59th street, other than the areas designated renovation areas by paragraphs (a) and (b) of this subdivision. 4. Commercial exclusion area. Except as provided in paragraph (f) of subdivision three of section four hundred eighty-nine-bbbbbb of this title, any area in the borough of Manhattan lying south of the center line of 96th Street, other than the areas designated renovation areas by subdivision three of this section, shall be a commercial exclusion area. Commercial construction projects in the commercial exclusion area shall not be eligible to receive tax abatements pursuant to this title. 5. Eligible industrial construction projects may receive tax abatements pursuant to paragraphs (b) and (e) of subdivision three of section four hundred eighty-nine-bbbbbb of this title in any area of the city of New York.