News & Noteworthy



Announcement - New York City Releases 2019-2020 Tentative Assessment Roll
JANUARY 15, 2019

New York City's real estate market valued at $1.323 trillion.


On January 15th, NYC Department of Finance published the tentative property assessment roll for the upcoming fiscal year. Highlights include: 

  • Assessments for cooperatives and condominiums increase by 7.1 and 13.8%, respectively.
  • Assessments for residential properties located in Brooklyn increase by staggering 17%.
  • Assessments for commercial properties increase by 8.1%.

If you want to challenge your assessment, or have any questions regarding your assessment, please contact Katharine Finch at 212.237.1089 or kfinch@windelsmarx.com

The filing deadline is March 1, 2019. 

Click here for the City's official press release.




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