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History
- Referred to cities
- Referred to cities
Companion bill
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Authorizes the city of New York to reconvey its interest in certain real property acquired by in rem tax foreclosure in the borough of Brooklyn to former owner Chester Wilkins
In Assembly Committee · Cities · Sponsor Annette Robinson
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S1478
Title of bill
An act authorizing the city of New York to reconvey its interest in certain real property acquired by in rem tax foreclosure in the borough of Brooklyn to former owner Chester Wilkins, 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. 1651, Lot No. 52 on tax map for the borough of Brooklyn
Purpose
This bill authorizes the city of New York to reconvey its interest in certain Brooklyn property acquired by the in rem tax foreclosure to distributees or devisees of prior owner Chester Wilkins.
Summary of provisions
Through a Brooklyn in rem tax foreclosure auction, the city of New York acquired the title of premises designated as Block No. 1651, Lot No. 52 also known as 697A Jefferson Avenue, in the borough of Brooklyn, based on non-payment of taxes due to extraordinary circumstance received by Chester Wilkins.
Justification
Pursuant to section 11-424.1 of the administration code of the city of New York, the city may release its interest in property thus acquired if an application for such a release is filed within two years of the date on which the city's deed is recorded and if such application is approved by the in rem foreclosure release board. The period has now elapsed, and state legislation is necessary to restore the aforementioned property to the former owner.
Legislative history
A.6731 of 2005-06 A.4234 of 2007-08 A.3753 of 2009-10
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.