By Rob Basso on
6/13/2011 1:47 PM
Are you a first time homebuyer in a new construction home? NYS tax relief is on its way.
With equity in homes at the lowest it has been since WWII, New York State has brought back a temporary break in property taxes on newly constructed homes for first time home owners. At a time when it seems that banks are unwilling to lend and the youth of Long Island are leaving in record numbers for less expensive areas of the country, this reprieve will be welcome news.