News & Noteworthy

Announcement - New York City Releases 2016-2017 Tentative Assessment Roll
New York City's real estate market value crosses $1 trillion mark for the first time.
JANUARY 15, 2016

Today, the City of New York published the tentative property assessment roll for 2016-17. Highlights include:

  • Assessments for commercial properties increase by 8%.
  • Assessments for residential properties (cooperatives, condominiums and rental apartment buildings) increase by 10%.

Attached is the official press release from the city.

If you want to challenge your assessment, or have any questions regarding your assessment, please contact Katharine Finch at 212.237.1089 or

The filing deadline is March 1, 2016.

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