NYC Storefront Vacancy Registration…a solution or more problems
The City Council has approved and is now implementing a new law requiring commercial building owners to register rental details for retail, restaurant and service-sector storefronts and second floor spaces with the City. Commercial properties that are already filing their Real Property Income & Expense (RPIE) statement will see this as an additional component to the required filing once it becomes available in mid-February.
https://www.nytaxreview.com/news/nyc-storefront-vacancy-registration/
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