New York Consolidated Laws, Real Property Tax Law - RPT § 489-fff. Approval of tax exemption

On completion of the reconstruction or construction work the applicant shall notify the board in writing of said completion.  The board shall determine the eligibility of the applicant for the tax exemption as provided in subdivision one of section four hundred eighty-nine-ddd and shall notify the tax commission of such determination.  If the applicant is determined to be qualified the commission shall approve the tax exemption.