Exemption applications must be filed with your local assessor's office. See our Municipal Profiles for your local assessor's mailing address.You can get information about your property tax benefits, including: Application status, Current benefit amounts, Proposed benefit for the upcoming tax year. Though all property is assessed, not all of it is taxable. See a list of common property tax exemptions in New York State. Principal Residence Required: The Homestead Exemption in New York only applies to the debtor's primary residence. Homestead exemption protect property assets from probate. Properties recognized under laws of homestead are off-limits to creditors seeking attachment. STAR is the New York State School Tax Relief program that provides an exemption from school property taxes for owner-occupied, primary residences. To file for a homestead exemption, you need to meet certain eligibility criteria and submit an application to your local tax assessor's office.