Owners of most income-producing properties in New York City have an obligation to file an annual Real Property Income & Expense (“RPIE”) form with the NYC Department of Finance (“DOF”). (For more information about the purpose of the RPIE forms and which owners are obligated to file same, see article written by colleague, Christopher Caslin
Department of Finance
New York City Property Owners Beware the RPIE Statement Deadline
By Christopher J. Caslin on
Posted in New Rules and Legislation
Owners and managers of New York City property should take notice that the City has become more serious about issuing statutory penalties for non-filing or incomplete filings of the annual RPIE (Real Property Income and Expense) statement with the NYC Department of Finance.
What is the RPIE? Owners of income-producing properties in New York City…