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New York Property Tax Monitor Property taxation, assessment, valuation by local governments throughout New York State

Tag Archives: department of finance

New York City Apparently Unable to Explain its Own Property Tax Methods

Posted in Property Tax Laws, Property Tax News, Property Tax Trends, Tax Appeals, Valuation

Calculating property taxes and related values is complicated and perplexing in nearly every jurisdiction in the U.S., though perhaps nowhere more than New York City. One of the greatest sources of confusion comes when the City decides to increase an assessed value for certain classes of properties based on market changes (as opposed to physical… Continue Reading