Posts Tagged: 2015 ASIE Grace Period

January 23, 2017

Update On Nassau County Lawsuit

As we indicated in our Memorandum on January 18, we commenced a lawsuit against Nassau County last week.  We sought a temporary restraining order enjoining and restraining the County from collecting any penalty and/or imposing any lien and further enforcing the penalty provisions of the ASIE/Income and Expense Law/Amnesty Program.   The Judge granted our TRO and we will be returning to continue arguing on February 8. We will be in further contact after the next court date or if there are other developments in the interim. If you have any questions, please feel free to… Read more »

January 04, 2017

Nassau County ASIE 2015 Grace Period

We have been advised by the Nassau County Website that a grace period has been opened for filing the 2015 ASIE. As you know, we will be challenging the validity of the law, but until such time as the Courts determine its legality, we suggest that you comply with this Nassau County requirement for each of your properties. The Department of Assessment has opened a grace period for non-filers of ASIE 2015 to avoid penalty. This applies to ASIE non-filers only! You may avoid penalties by submitting and filing a properly-completed electronic form. This grace period… Read more »