property tax

Quinn focuses on middle class in State of the City address
Quinn focuses on middle class in State of the City address
Politics Terence M. Cullen 2/12/2013 at 1:30PM

City Council Speaker Christine Quinn, in her final State of the City address, promised it would become more affordable to live and work in New York in the years to come. Quinn, who will be term limited out of the Council at the end of this year, is a heavy favorite on the Democratic side [...]

Bloomberg offers tax break for homeowners affected by Sandy
Bloomberg offers tax break for homeowners affected by Sandy
Top Stories Billy Rennison 11/30/2012 at 9:30AM

Owners of homes ravaged by Superstorm Sandy will be receiving a break on their property taxes, Mayor Michael Bloomberg announced yesterday on the one month anniversary of the storm. Bloomberg proposed a resolution to reimburse a portion of homeowners’ property tax bill so it falls more in line with the home’s post-Sandy values.  The average reimbursement would [...]

‘Landmark’ tax relief on the way for co-op and condo owners
News Melissa Chan 7/05/2012 at 9:29AM

Co-op and condo owners left in the lurch after state lawmakers originally closed the year’s session without passing key pieces of legislation will not be forsaken for long, officials pledged. The Assembly, Senate and Governor Andrew Cuomo have reached an agreement on “landmark” tax relief legislation that will be signed into law later this year [...]

Co-op, condo owners left in the lurch
News Melissa Chan 6/28/2012 at 5:02PM

City co-op and condo owners were dealt a major blow by the State Legislature after lawmakers wrapped up the year’s session without passing three key bills, including one that would put a halt to skyrocketing property tax valuations. “Three strikes and you’re out. This was a disastrous session if you’re a co-op or condo owner,” [...]