Owners of income-producing properties with an Actual Assessed Value of more than $40,000 on the 2016-2017 Tentative Assessment Roll must file a Real Property Income and Expense Statement (RPIE). The Department of Finance needs income and expense information to accurately value property in New York City.
If you are 62 or older and live in a rent-regulated apartment, you may qualify for the Senior Citizen Rent Increase Exemption (SCRIE). For the month of May and the first week in June, the Department of Finance’s Outreach team will be in Flushing, Queens helping eligible residents apply for this Rent Freeze program. For more information on dates and locations, click here.