Skip to main content

N.Y.C. Admin. Code § 26-511

Citation
N.Y.C. Admin. Code § 26-511
Source verification
official_capture_completeness_unverified

Full Text

446 chars
collected a surcharge less the principal of any mortgage or loan used to finance said improvement, (iii) any repayment of the principal of any mortgage or loan used to finance the purchase of the property or any capital improvement for which the owner has not collected a surcharge, and (iv) any increase in the equalized assessed value of the property which occurred subsequent to the first valuation of the property after purchase by the owner;