New York Supreme Court Affirms Denial of J-51 Tax Exemption for Brooklyn Property

The New York Supreme Court, Appellate Division, Second Department, affirmed the lower court’s judgment denying a property owner’s request for certain tax benefits. The case involved a taxpayer who sought J-51 tax exemption benefits for renovations made to an apartment building in Brooklyn, having already received abatement benefits. The court found that the Department of Finance’s denial of exemption benefits was not arbitrary or capricious, as it involved assessor judgment in valuing improvement costs rather than a clerical error or error in description as defined by relevant administrative codes. [In re 37 Bay 26 St., LLC v. Soliman, No. 2023-01524, ...