Half of Brooklyn Homeowners Fail to Register for STAR

With the December 31 deadline looming, the city's Independent Budget Office reports that half of eligible Brooklyn homeowners are on the verge of losing their basic STAR state property tax exemption because they have failed to register.

An estimated $75 million in tax breaks is at stake.

This year, for the first time since STAR was enacted, homeowners, including co-op and condo owners, have