Lately, I have been receiving several inquiries regarding the STAR (School Tax Relief) abatement. Please note that STAR is available only for apartments that are the shareholder’s primary residence.
Below is a link where you can obtain information and apply for either Basic STAR or Enhanced STAR, based on age and income eligibility:
https://www.tax.ny.gov/pit/property/star/eligibility.htm
For shareholders who are already enrolled in STAR, the benefit is reflected as a credit on your maintenance bill. New applicants will receive a check directly from New York City, not a credit through management.
It is very important to understand that if the Department of Finance/STAR sends you a notice requesting additional or updated information (such as income verification), you must respond directly to the City and within the time frame specified in the letter. This process is strictly between the shareholder and the City. Management cannot assist with these requests, and the City does not verify this information with us or notify us if a shareholder is at risk of losing their benefit.
For your reference, when applying you will need the cooperative’s information:
Block: 4343
Lot: 10
If you have general questions, please feel free to reach out to me and I will assist you to the best of my ability.