N.Y. Real Property Tax Law Section 582-A
Value of lands and structures supporting non-residential water dependent activities

1.

Notwithstanding any other provision of law, real property owned or leased for non-residential water dependent activities shall be assessed for the purposes of this chapter at a sum reflecting the current use of such lands, and shall not be assessed at a rate that reflects the best possible use of those lands, for as long as those non-residential activities remain of a water dependent nature.

2.

For the purposes of this section, “structures” shall be defined as those structures used:

(a)

Within a marine district as provided in the coastal zone management local waterfront revitalization program under article forty-two of the executive law, or within a state approved comprehensive harbor management plan, as defined in subdivision ten of Executive Law § 911 (Definitions)section nine hundred eleven of the executive law;

(b)

On lands under lease from the state or the thruway authority for non-residential purposes considered to support water dependent activities;

(c)

For the purpose of berthing and mooring of recreational vessels, and the storage thereof, or a boatyard, marine service facility, charter or sports fishing station, bait and fuel operations, marine towing; and

(d)

For any other non-residential purpose that requires the use of waterfront lands in order to function or provide marine services.

Source: Section 582-A — Value of lands and structures supporting non-residential water dependent activities, https://www.­nysenate.­gov/legislation/laws/RPT/582-A (updated Sep. 22, 2014; accessed May 4, 2024).

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Accessed:
May 4, 2024

Last modified:
Sep. 22, 2014

§ 582-A’s source at nysenate​.gov

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