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Primary Residence Verification Portal

2025-2026 Cooperative and Condominium Tax Abatement Program Eligibility Requirements

The New York City Department of Finance (DOF) provides the following eligibility criteria for the 2025-2026 Tax Abatement Program:

  • The apartment must be your primary residence.
  • If there are multiple owners, at least one owner of record must use the apartment as their primary residence.
  • You must not own more than three residential units in the same development.
  • The unit must be your primary residence as of the taxable status date of January 5, 2025

You must have filed a Real Property Transfer Tax form or deed with the Division of Land Records at [ACRIS](https://www.nyc.gov/acris).

Note: Your title company or attorney typically completes this during the purchase process for both condominiums and co-operative apartments

  • You must not be receiving the clergy property tax exemption.
  • The unit cannot be owned by a business, such as an LLC, or held by a sponsor or their successors.
  • For apartments owned by a trust, all beneficiaries, trustees, or life estate holders must use the apartment as their primary residence.
  • Apartments owned by entities other than natural persons or trusts, such as LLCs or corporations, are ineligible.

Submission Deadline for the 2025-2026 Tax Abatement:

The New York City Department of Finance will accept new applications and renewals until February 15, 2025.

Important Note: Gumley Haft strongly encourages all owners and shareholders to submit their applications well before this deadline to ensure adequate review, corrections, and submission time.

Gumley Haft utilizes a secure online portal for all submissions to streamline the process. Owners and shareholders must complete their submission via our RE Abatement Submission Portal reabatement.gumleyhaft.com by January 24th, 2025.

The New York City Department of Finance will accept new applications and renewals until February 15, 2025.

Please note: Gumley Haft does not make the determination of who is or is not eligible for the abatement credit. This is determined by the NYC Department of Finance.

Start your application early to avoid any last-minute issues! Should you have any questions please email them to REabatement@gumleyhaft.com.

 

TAX ABATEMENT PRIMARY
RESIDENCE VERIFICATION

    Owner 1

    When did this become your primary residence?

    Date:
    Owner 2

    When did this become your primary residence?

    Date:
    Owner 1
    Owner 2
    Circle 1 (Owner 1)
    Circle 1 (Owner 2)

    By signing below, I certify that all statements made on this verification form are true and correct to the best of my knowledge and that I have made no willful false statements of material fact. I understand that this information may be subject to audit by the NYC Finance Department, who may determine that I do not qualify for tax benefits. As a result, I may be disqualified from future exemptions and abatements and will be responsible for all applicable taxes due, accrued interest and the maximum penalty allowable by law. Each verification form must be signed by at least one owner.

    Owner 1
    DATE SIGNED:
    Owner 2
    DATE SIGNED: