More New York City homeowners have been able to remove themselves from an upcoming tax lien sale since the city extended the deadline to pay off outstanding property and water debts by two weeks.
There are now 4,615 Class One properties—defined as residences with one-to-three units and condominiums under three stories—eligible to have their debt sold to private collectors if they don’t settle ahead of the new June 2 deadline, according to the city Department of Finance. There were 9,314 such properties on the list as of May 10, days before the city’s original May 20 sale date.
The ...
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