This article is adopted pursuant to 1997 Laws of New York Chapter
293 for the purpose of preventing lower assessments of converted condominiums.
Neither Subdivision 1(a) of § 581 of the NYS Real
Property Tax Law nor Subdivision 1(b) of § 339-y of the
NYS Real Property Law shall apply to any converted condominium unit
within the Village of Bloomfield.
For the purposes of this article, "converted condominium unit"
shall mean a dwelling unit that has previously been on the assessment
roll as a dwelling unit in other than condominium form of ownership
and has not been previously subject to the provisions of § 339-y,
Subdivision 1(f), of the NYS Real Property Law and § 581,
Subdivision 1, of the NYS Real Property Tax Law.
This article shall take effect immediately.