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Affordable Housing Proponents Seek Property Tax Reform

Affordable Housing Proponents Seek Property Tax Reform
thetablet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetablet.org Daily Mail and Mail on Sunday newspapers.

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City's Property Tax Reform Commission Hosting Brooklyn Hearing This Week

Cityâs Property Tax Reform Commission Hosting Brooklyn Hearing This Week
East 25th Street in East Flatbush. (Image: Liena Zagare/Bklyner)
A panel seeking to simplify the cityâs notoriously byzantine and inequitable property tax system is seeking public input on its draft recommendations.
The New York City Advisory Commission on Property Tax Reform will host a virtual hearing specifically for Brooklyn residents at 6:00pm on Thursday, May 27th, where attendees can testify in reaction to a set of recommendations first published last year, shortly before the COVID-19 pandemic put the process on ice.
Property tax reform has been a political hot potato for decades. Unlike most of the state, New York City doesnât assess such taxes based on a homeâs full market value. Instead, since the end of World War II, the city has used a confusing system that separates properties into multiple classes and values condos and co-ops according to the cost of nearby re ....

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NYC Tax Reform Advocates Call for DOJ Intervention in Letter

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Principal Deputy Assistant Attorney General Pamela S. Karlan and New York Policy Director Martha E. Stark. (Getty, NYU, Tax Equity Now)
After more than a year of frustrated efforts in the state court system, Tax Equity Now New York’s latest attempt at property tax reform is an appeal to the federal government.
In a letter sent Thursday, the coalition implored the Department of Justice to challenge the city’s tax structure under the Fair Housing Act.
The plea comes eight months after the New York Court of Appeals tossed out a TENNY suit challenging the constitutionality of the city’s property tax laws, citing a lack of a “substantial constitutional question.” ....

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'Discriminatory' city property tax system needs a federal civil rights probe, landlords and tenants say

Discriminatory city property-tax system needs a federal civil rights probe, landlords and tenants say
Is New York City s property-tax system racist?
A coalition of property owners, renters and civil rights organizations called Tax Equity Now New York is asking the Department of Justice to launch a civil rights investigation to find out.
They say they want the Feds to dig into the issue of whether the city s controversial property-tax system is discriminating against nonwhite and low-income New Yorkers. The group says it hopes to bring equality and transparency to overtaxed city residents.
Property-tax receipts make up nearly 50% of the city budget. ....

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NYC tax reform group demands feds step in to fix broken city tax system

In a letter sent to the U.S. Justice Department and the city’s Congressional delegation last week, Tax Equity Now New York is demanding that the federal government address “the inequitable and discriminatory impact of the city’s property system.” ....

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