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

The filing deadline is March 1, 2019. 

Click here for the City's official press release.

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