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NYC’s Tax Lien Sale Postponed Until Sept. 25

The de Blasio administration on Friday announced the postponement of the city’s annual tax lien sale until Sept. 25 to give New Yorkers additional time to pay debt or enter into payment plans. The announcement followed an executive order from Gov. Andrew Cuomo.

“COVID-19 has hit the pocketbooks of New Yorkers hard, and we’re doing whatever we can to give New Yorkers some relief,” said Mayor Bill de Blasio. “Postponing the lien sale will allow New Yorkers more time to work with the city on their best path forward.”

The lien sale is administered by the NYC Department of Finance, which sells overdue property taxes, water and sewer charges, and other property charges to a non-profit trust. This year’s sale was originally scheduled to occur in May, but was previously postponed until Sept. 4 as the city focused its efforts on the COVID-19 outbreak.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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