New York City has been ordered to overhaul its tax system in a landmark ruling by the state’s highest court after black property owners claimed the process favors their counterparts in whiter ...

Queens lawmakers are celebrating the passage of a long-sought bill that would provide a full real property tax exemption for ...

The Property Tax Cap states that Class One property owners’ effective tax rates cannot increase more than 6% per year, or more than 20% over a five-year period. New York City Comptroller Brad ...

A majority of the candidates rated the efficiency of NYC's services and operations from fair to poor, with only Jim Walden ...

New York City’s property tax system helps explain why a “doomsday” scenario for the Manhattan office market would only result in a modest shortfall in real estate tax revenue — at least in ...

NYC property tax lawsuit. The lawsuit, filed by Tax Equity Now New York (TENNY) is not new. (The original complaint was filed in 2017 but dismissed by a lower court a few years later.) However ...

Procedural problems have been the lynchpin holding up a lawsuit that seeks to overturn New York City’s property tax system. And procedural problems with the lawsuit may be why the state’s high court ...

A housing organization is criticizing New York City landlords in upscale, predominantly white neighborhoods, accusing them of profiting from property tax breaks at the expense of struggling ...

New York City's property tax problem . In New York City, property taxes account for approximately 45% of the city’s revenue, but for many, the climbing costs have become unsustainable.