(1/05) NEW YORK STATE DEPARTMENT OF TAXATION FINANCE OFFICE OF REAL PROPERTY TAX SERVICES APPLICATION FOR REAL PROPERTY TAX EXEMPTION FOR RESIDENTIAL-COMMERCIAL URBAN EXEMPTION PROGRAM (Real Property Tax Law, Section 485-21) ?452-3; (Instructions for completing this form are contained in Form Name and telephone no. of owner(s) 2. Malling address of owner(s) WM 1360 Niagara Street, LLC Ciminelli Real Estate Corporation ?mum?f DEED): A?titiaawiw 350 EssIav Road puo'taitbiio? Day No. (716 631 -8000 Williamsville, New York 14221 Evening No. 617) 797?0889 E-mail address (optional) . Location of property (see instructions) 1360 Niaqara Street CitV 0f Buffalo . MAY 1 i a. Street address School 1/ Buffalo City/Town Village (if any) MN Property identi?cation (see tax bill or assessment roll) Tax map number or section/block/lot 88-81'1'8 . General description cf property for which exemption is sought (if necessary, attach plans or speci?cations): 1dbU Iagara btreet Is a tour story, approxrmately ts square root currently 100% vacant. I he owner Intends to tuIIy rehabilitate the Dunning. It was prevrou3Iy occupled by Garret Leather Uorp. . Use ofProperty: I he Intended use IS 3 mm or commercraI/onlce and resrdentlal apartments . Describe alteration, installation or improvement made to convert the non-residential property to mixed-use: I he owner be tuIIy rehabtng the property to Include space on the ?rst USS, and DU resroentlal apartments on 1-4 and Indoor parKIng . Cost of alteration, installation or improvement: ApprOXImately . Date construction of alteration, installation or improvement was commenced: Demolition and abatement commenced on February 7, 2017. . Date completed Igattach certi?cate of occupancy or other documentation of completion): Anticipated Completion IS ecember 2017 (1/05) 2 10. Other exemptions. a. Is the property receiving or has it ever received any other exemption from real property taxation? Yes No b. If yes, what exemption was received? Unknown When? unknown Were payments in lieu of taxes made during the term of that exemption? unknown If so, attach a schedule showing the amounts and dates of such payments, and the purposes for which such payments were made school district, general municipal, etc.). Also attach any related documentation, such as a copy of the agreement under which such payments were made. CERTIFICATION 1, Dennis Penman hereby certify that the information on this application and any astitutes a true statement of facts. igature ate FOR USE 1. Date application ?led: 5 i7 2. Applicable taxable status date: i '8 3. Action on application: [EApproved DDisapproved 4. Assessed valuation of parcel in ?rst year of exemptionIncrease in total assessed valuation in ?rst year of exemptionAmount of exemption in ?rst year: Percent Amount County . City/Town 3; 50 '7 0 . Village School District 0 C370 {(737, ?7 (3 c1, Tu; [17/ Assessor?s signature Date W511 11111121111 3222;. 1 2? . 1 #291 . 2221122152232 .2211? 2153111 22.212, . 22; 2?12 125122221 2122 Niggmg ?Vi? 1.1.1332 121333 12:13:51? 3 Ii: 132313314123 {32313 73-63mm 222120., 2223073 0222:: 2107:2217 "2222: 2222222225~= 222.232 . No; 1.1222222 - .5322: Ram-22.2 2222222222222?} .. 33222022 23222222222 12225222227 002222222222: .. . . 11.222 22,2, . . Data impacted: 1 2121111201 . Expiration: Data; 1.210812920 Zoning 0212122222. NYSUBQNQ) Permit 1110.. 9418697 11,. 9221120322; 03109121117 Ra2291pt. No; 2418597 Storms: BASEMENT 1.8T FLGEDR j? FLODR . .. 2ND . 3RD 3 UNET8 SEE REVERSE SIDE 1111111111111 211111 131%?1 2"?11 2 12122122238121.1221? 9. 22.2 122322 23213321323123 3333-32122! 3223232323 2323 .222 3} 3231.22. its 35?: a a. 21:31.; 23.32., 3233-3333193 3 2 .23 as?; 3} 1'23 :52" 3'31. A m. 1? 1: -. v?z? I 131131111 21mm l' 1 11311111131 7 NI 11111111111111. 1:?1?13?111311111111 1111* . 5Q113?inamg 119111119111111111113 "1211111111: 3 .331? .. .. 1 11G 5111 11 1111111111. 0132 51111121151 1111111111: 1 11111111111111.1111 I j?y?ked 111111111 :1111?111111111111111:- Ef?e 3.49:1? {Nth . n? 1 Expirationjuate: 1211111111111 CITY OF BUFFALO DEPARTMENT OF . ASSESSMENT TAXATION BYRON W. BROWN . . . - MARTIN F. KENNEDY MAYOR - COMMISSIONER March 1, 2019 - 1360 Niagara Street LLC Ciminelli'Real Estate Corporation 350 Essjay Rd. Williams?ville, NY 14221 . - Re: 485~a Real Property Tax Exemption Re: 1360 Niagara SBL Bill 04576500 Assessed Value: $3,950,000. Increase in assessment: $3,507,700. Dear Dennis Penman, Your application for an RPTL 485- -a real property tax exemption has been approved for the abOve referenced property. 7 Thisexemption is for a period of twelve years, and will commence with the City of Buffalo2019-2020 fiscal year tax and assessment roll. The exemption is calculated on the increase in assessment noted abOVe. Years . I Percentage 1 - 8 10020% The remainder of the asseSsment will remain taxable during this period. if you have any questions, please do not hesitate to call me at 716?851?5748. Sincerely, We 7400(2le dithA McCabe Assessor 65 NIAGARA SQUARE 105 CITY HALL BUFFALO, NY 14202-3385 (716) 85145747 FAX: (716) 851-5730