The 2.5 million eligible homeowners are receiving $2.2 billion as part of a tax rebate program announced by Gov. Kathy Hochul in April.Hochul touted the programs in a statement.
"This Budget provides much-needed tax relief for thousands of small businesses and millions of New Yorkers and reduces the tax burden for those who need it most," Hochul said. "In a post COVID-19 era, New Yorkers will recover from the pandemic and lead the nation in an economic resurgence, and I applaud the legislative leaders for their collaboration to help ensure this historic budget leaves no one behind.
Those eligible for the tax rebate must have qualified for 2022 STAR credits or exemptions, made no more than $250,000 in 2020, and have school tax liabilities for the upcoming school year that are more than the STAR benefit for this year. STAR is the state's School Tax Relief program, which provides certain homeowners with credits for school taxes.The estimated amount of the rebate and eligibility can be checked on the state's website.
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La Grange 3-bedroom home with private terrace: $1.4M40 S. Ashland Ave., No. 5A, La Grange: $1,377,000 | Listed: June 22, 2022This three-bedroom home has three bathrooms, a fireplace, a private terrace and a formal sitting area equipped with a custom bar with an ice maker. The kitchen features Wolf, Bosch and Sub-Zero appliances and an island with an Arctic white stone countertop. The primary bedroom suite has a walk-in closet with an island and a bathroom with a steam shower, a heated towel rack and floors and custom dual sinks with a vanity. The two other bedrooms also have en-suite bathrooms and walk-in closets. Hardwood floors, 10-foot ceilings and a private attached garage complete this home.Agent: Cathy Bier, Coldwell Banker Realty, 708-567-2032*Some listing photos are “virtually staged,” meaning they have been digitally altered to represent different furnishing or decorating options.To feature your luxury listing of $1,000,000 or more in Chicago Tribune’s Dream Homes, send listing information and high-res photos to ctc-realestatechicagotribune.com.Join our Chicago Dream Homes Facebook group for more luxury listings and real estate news.
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