Wednesday 3 April 2019

NYC could be overtaxing hundreds of small buildings by mistake

A small difference in a building’s unit count can make a huge difference for its property taxes, as residents at one Dumbo loft building have learned. This year, 39 Pearl Street paid four times as much taxes as it should have, because an assessment claimed that the building had more than 10 units, while it really has eight. Residents have taken on roommates and considered dropping health insurance to cover these expenses, the New York […]



source https://therealdeal.com/2019/04/03/nyc-could-be-overtaxing-hundreds-of-small-buildings-by-mistake/

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