We want to inform our clients who are New York City property owners of the de Blasio administration’s recent decision to hold a property tax lien sale which has been postponed since May 2020. Such sale by the New York City Department of Finance will be held on December 14, 2021. Only liens for property taxes will be sold, and water and sewer liens are not at risk for sale at this time. Please review the lien sale list to ensure that your property is not at risk.
If your property is at risk for sale, the New York Office of the Attorney General has prepared guidance on next steps which includes resources here. If you have any questions or need assistance, please feel free to contact us.
What to Know About Buy-Sell Agreements – Post Connelly