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Governor Issues Executive Order Postponing Tax Lien Sales

Although Mayor Bill de Blasio insisted on commencing tax lien sales in September, Governor Andrew Cuomo issued an Executive Order to temporarily postpone all lien sales throughout the City.

On September 4th, Governor Cuomo issued Executive Order 202.60, which temporarily suspends the City’s tax lien sale until at least early October. The City’s 2020 tax lien sale, originally scheduled to be held on May 15, 2020, was initially postponed by the City until at least September as a result of the ongoing COVID-19 (Coronavirus) pandemic.

Property owners were urged to pay any debt or enter into a payment agreement by September 3rd with the citywide lien sale expected to begin soon after. As the deadline approached, Mayor de Blasio said that the lien sale would go on as scheduled as a result of the immense budget deficit faced by the City and approximately $57 million owed in unpaid debts.

As we went to press, the Executive Order was set to expire by early October. However, Governor Cuomo has the authority to extend the order. Furthermore, many State and City elected officials were pushing to further delay the lien sale until further notice. This includes proposed legislation by State Senator Leroy Comrie and Assemblyman David Weprin that would suspend any tax lien sales until one year after Governor Cuomo lifts the emergency order declaring that the COVID-19 pandemic is over. The legislation was introduced prior to the Executive Order and could very well be revisited as the expiration date of the order approaches.

In the meantime, property owners who received a 90 or 60-day lien sale warning notice should pay what they owe if they are able to do so by visiting https://on.nyc.gov/2XTsu34. You can also enter into a payment agreement to stop receiving additional notices and avoid being included in the sale, if and when it takes place. For more information on payment agreements, CLICK HERE.

For more information about tax lien sales and to view properties in each borough that are eligible for the lien sales, visit https://on.nyc.gov/2PJ4Py9. If you have any additional questions, please contact DOF directly HERE.

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