Reference · Deadlines
New York City’s 2027/28 co-op and condo tax abatement deadlines
New York City lists 16 February 2027 for an initial application or renewal and any required prevailing wage affidavit. Timely eligible applications begin receiving benefits in July.
Sources checked
- 16 February 2027File an initial application or renewal and submit the prevailing wage affidavit if required.
- 1 July 2027Benefits begin for eligible buildings whose applications were postmarked by 16 February 2027.
- 1 July 2028The city gives this start date for eligible buildings whose applications were postmarked after the February deadline.
The city links the start date for eligible benefits to the filing deadline.
The board or authorized agent handles the building’s filing
The Department of Finance says a board or authorized agent applies on behalf of the entire development. The renewal is also handled at building level. NYC311 says owners can ask their management company or board whether the renewal has been filed. Source 1 Source 2
February has two filing obligations for some buildings
NYC311 lists 16 February 2027 for an application or renewal. It gives the same date for a prevailing wage affidavit where required. The affidavit is a separate filing obligation for the developments that need it. Source 1
A missing prior affidavit can change the filing route
NYC311 says a development that lost the abatement because it did not file a prevailing wage affidavit, or opted out of filing it, must submit an initial application as a new applicant if it now wants the 2027/28 benefit. The published requirements depend on the development’s situation. Source 1
The postmark affects the start of eligible benefits
The city gives 1 July 2027 as the start for eligible buildings with applications postmarked on or before 16 February 2027. It gives 1 July 2028 for eligible applications postmarked after that date. Both dates depend on the development qualifying for the abatement. Source 1