S T A T E   O F   N E W   Y O R K
________________________________________________________________________
                                  7645
                       2013-2014 Regular Sessions
                          I N  A S S E M B L Y
                              May 29, 2013
                               ___________
Introduced by M. of A. TITONE -- read once and referred to the Committee
  on Real Property Taxation
AN  ACT in relation to tax exemptions for conversions to multiple dwell-
  ings to eliminate fire and health hazards
  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:
  Section  1. Notwithstanding any law, rule or regulation to the contra-
ry, the provisions of subparagraph (ii) of paragraph (b) of  subdivision
17  of  section 489 of the real property tax law shall not be applicable
to any multiple dwelling located on a lot numbered 275 of Richmond block
numbered 1, as such lot and block is numbered as of the  date  this  act
shall have become a law, provided that the construction of such multiple
dwellings on those lots commenced pursuant to a work permit issued on or
after July 16, 2004 under New York City Department of Buildings applica-
tion  #500605026-01-AL  and  provided  that  such  construction shall be
completed on or before December 15, 2014,  and  provided  further  that,
notwithstanding any other provision of law or local regulation, benefits
granted  pursuant  to  section 489 of the real property tax law for such
multiple dwelling shall be  granted  as  if  construction  commenced  on
December 30, 2011.
  S 2. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10278-01-3