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

Category Archives: Valuation

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Staking a Claim: Why are Tax Grievance Claim Values So Low?

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

A local reporter recently thought he got hold of a tax issue that would sell papers: claimants in New York tax cases often make their opening statement of value extremely low. To the reporter, unbelievably low, and therefore he was outraged and contended something foul was afoot. As is no surprise in much of the… Continue Reading

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

Slight Decline in Westchester Tax Certiorari Filings Following Years of Steady Increases

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

The number of tax certiorari proceedings filed in 2012 in Westchester County (9th Judicial District) dipped below the level of the previous year, and reversed the steady annual increase that had been occurring since at least 2006. Figures for 2013 are not yet available. Certiorari filings went from 3,288 in 2006 to 4,268 in 2011,… Continue Reading

Hurricane Sandy, Natural Disasters, and New York Property Tax Relief

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

Many of our clients and colleagues have asked in recent weeks whether property damage caused by Superstorm Sandy may present any opportunities for local tax relief. Sandy affected roughly 81,000 properties and caused some $35 billion in property damage in New York alone, according to CoreLogic.  Natural disasters, which now occur with some regularity in various… Continue Reading