Posted by Leonard Steinberg on January 27th, 2011
If you check your mailbox, you may find a lovely envelope from the New York City Department of Finance showing the new assessment on your property. One of my assessment notices showed that the market value of a property I own increased in value by over 60%…..in 2010! WOW! That’s facinating. Where on earth did our (CORRUPT?) Department of Finance come up with these figures? It seems every single report has shown that New York property values have remained flat, dropped, or risen VERY SLIGHTLY in 2010, yet the New York City Department of Finance says it’s UP BY OVER 60% on my property.
Which (corrupt?), incompetent idiots are running this thuggery?
As of next week, LUXURYBLURB will start highlighting the disparities between real estate tax assessments in Manhattan to showcase how selective and incomprehensibly inefficient the system is. We will start by selecting prominent governemt officials homes and see who exactly is the beneficiary of over-taxing some to benefit others….
Do you have a nightmare real estate tax story you wish to share? Join our fight to-day to end this outrageously unfair system IMMEDIATELY: register at www.nycDUPE.com to-day!
Stay tuned!