News & Noteworthy

Announcement - New York City Releases 2015-2016 Tentative Assessment Roll
JANUARY 21, 2015

The City of New York this week published the tentative property assessment roll for 2015-16, and commercial and residential assessments increased by more than 10%.

Highlights include:

  • Assessments for commercial properties increase by 10.6%.
  • Assessments for residential rental properties increase by 12.7%.
  • Assessments for cooperatives and condominiums increase by 6.6% and 14.2%, respectively.

Read the city's official press release.

If you want to challenge your assessment, or have any questions regarding your assessment, please contact Katharine Finch or any member of our Real Estate Tax Certiorari / Tax Appeals Practice Group.

The filing deadline is March 2, 2015.

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