§ 489-aaaa. Definitions. When used in this title: 1. "Applicant" means\nany person obligated to pay real property taxes on the property for\nwhich an exemption from or abatement or deferral of real property tax\npayments is sought, or in the case of exempt property, the record owner\nor lessee thereof.\n 2. "Approved plans" means plans submitted to and approved by the\ndepartment of buildings in connection with the applicant's building\npermit, including any amendments to such plans approved by such\ndepartment before final inspection of the work for which such permit was\nissued.\n 3. "Benefit period" means the period of time when a recipient is\neligible to receive benefits pursuant to this title, including in the\ncase of a recipient of a certificate of eligibility for commercial\nconstruction work in a deferral area, the period of time tax payments\nare to be deferred, the interim period when no tax payments are to be\ndeferred and no deferred tax payments are required to be made, and the\nperiod of time when the deferred tax payments are to be made.\n 4. "Commission" means the temporary commercial incentive area boundary\ncommission.\n 5. "Commercial construction work" means the construction of a new\nbuilding or structure, or portion thereof, or the modernization,\nrehabilitation, expansion, or other improvement of an existing building\nor structure, or portion thereof, for use as commercial property.\n 6. "Commercial property" means nonresidential property (a) on which\nwill exist after completion of commercial construction work, a building\nor structure used for the buying, selling or otherwise providing of\ngoods or services including hotel services, or for other lawful\nbusiness, commercial or manufacturing activities; and (b) (i) where,\nexcept as provided in subparagraph (ii) of this paragraph and paragraph\n(c) of this subdivision, not more than fifteen per centum of the total\nnet square footage of any building or structure on such property was\nused for manufacturing activities at any one or more times during the\ntwenty-four months immediately preceding the date of application for a\ncertificate of eligibility or (ii) where not more than fifteen per\ncentum of the total net square footage of any building or structure on\nsuch property was used for manufacturing activities at any one or more\ntimes during the sixty months immediately preceding the date of\napplication for a certificate of eligibility if such property is\nlocated, in whole or in part, in the area in the borough of Manhattan\nlying south of the center line of 96th Street; and (c) in the commercial\nrevitalization area, and with respect to an application for a\ncertificate of eligibility filed on or after July first, two thousand,\n"commercial property" means nonresidential property on which will exist\nafter completion of commercial construction work, a building or\nstructure used for the buying, selling or otherwise providing of goods\nor services including hotel services, or for other lawful business,\ncommercial or manufacturing activities.\n 6-a. "Commercial revitalization area" means any area of a city having\na population of one million or more, provided that in the city of New\nYork a commercial revitalization area shall mean any district that is\nzoned C4, C5, C6, M1, M2, or M3 in accordance with the zoning resolution\nof such city in any area of such city except the area lying south of the\ncenter line of 96th Street in the borough of Manhattan.\n 7. "Deferral area" means an area in which deferral of payment of real\nproperty taxes in accordance with subdivision four of section four\nhundred eighty-nine-bbbb of this title shall be available to a recipient\nwho has performed commercial construction work.\n 8. "Excluded area" means each area specified in paragraphs (a), (b)\nand (c) of subdivision five of section four hundred eighty-nine-cccc of\nthis title.\n 9. "Exemption base." (a) For purposes of computing the exemption\npursua
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