Individual unit owners can’t apply for the co-op or condo abatement directly. If you are a co-op shareholder or condo unit owner, you should tell your board or managing agent if the unit is your primary residence so that you can receive the abatement. Once the development has submitted the application, you can contact their management office for information.
If you live in a building that doesn’t have a board, managing agent, or association, or if your building doesn’t get the annual condo co-op breakdown letter, contact the Department of Finance (DOF) for assistance.
Managing Agents or Boards
Co-op or condo developments that are applying for the abatement for the first time must complete the Co-op and Condo Property Tax Abatement Application. They must provide information about each unit and indicate whether the unit is the owner’s primary residence.
If the development already receives the abatement and the eligibility or the ownership of a unit has changed, the development must report those changes to the Department of Finance (DOF) so the owner of the unit can start receiving the benefit.
Building management applying for the abatement for the building for the first time can get the application online or by mail.
NYC Department of Finance
Co-op and Condo Abatement Unit
59 Maiden Lane, 24th Floor
New York, NY 10038
Call 311 to request a paper copy.