A new payment system introduced by New York City to streamline property tax payments has instead caused headaches for residents and building owners. The Property Tax System, which is overseen by the city’s Finance Department, overcharged building owners who were eligible for the 421a tax abatement, according to the New York Post. The issue came to light after some owners realized they were incorrectly billed in June. The new system was rolled out at the […]
source https://therealdeal.com/2019/07/17/a-big-big-big-success-nyc-finance-department-says-of-new-system-that-overcharged-building-owners-on-property-tax/
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