New York bill S04819 proposes a tax exemption for privately owned vacant properties used for public benefit in cities with a population of one.

New York bill S04819 amends the real property tax law to introduce a temporary public benefit use exemption for privately owned vacant properties. This exemption applies to cities with a population of one million or more. Properties qualify for exemption if they are used for public benefit, such as open spaces, community gardens, urban farms, and pop-up parks, for a minimum of twenty hours a week from November to March and twenty-five hours a week from April to October. Exemptions are not available if the property owner or operator receives any pecuniary profit from the property's use.

New York bill S04819 proposes a tax exemption for privately owned vacant properties used for public benefit in cities with a population of one.

New York bill S04819 amends the real property tax law to introduce a temporary public benefit use exemption for privately owned vacant properties. This exemption applies to cities with a population of one million or more. Properties qualify for exemption if they are used for public benefit, such as open spaces, community gardens, urban farms, and pop-up parks, for a minimum of twenty hours a week from November to March and twenty-five hours a week from April to October. Exemptions are not available if the property owner or operator receives any pecuniary profit from the property's use.