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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A8007A
- Advanced to third reading
- 2nd report cal.
- 1st report cal.617
- Print number 4468a
- Amend (t) and recommit to local government
- Referred to local government
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Authorizes the city of New York to reconvey a parcel of land to the Greentree Homeowners Association
Signed by Governor · Sponsor Michael Cusick
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act authorizing the city of New York to reconvey its interest in certain real property acquired July 1, 2008 by in rem tax foreclosure in the borough of Staten Island, to Greentree Homeowners Association, notwithstanding expiration of the two year period within which application may be made to the city to release its interest in property thus acquired; Block No. 1560, Lot No. 33, on the tax map for the borough of Staten Island
Purpose
To authorize the City of New York to reconvey a parcel of land to the Greentree Homeowners Association, Inc.
Summary of provisions
Section one. Through a Staten Island in rem tax foreclosure, the City of New York acquired title to premises designated as Block No. 1560, Lot No. 33 in Staten Island, New York, in the borough of Staten Island based on non-payment of taxes due to inadvertent failure to pay taxes by the Greentree Homeowners Association, Inc.
Justification
Upon approval of the application by the in rem foreclosure release board, the Greentree Homeowners Association, Inc., agrees to pay all taxes, interest, penalties and other charges to gain their property back. The property in question is a road ( Greentree Lane) that is the only access point into and out of the Associations group of homes. Problems could develop for the owners if the City of New York were to sell the property at auction. This bill would give the property back to the Association after all taxes, interest, penalties and other charges are paid and will put it back on New York City's tax rolls.
Legislative history
New bill.
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.