From the NY Post:
New York City property taxes are poised to continue rising.
New tentative assessments released Wednesday show that the market value of the city’s 1,053,949 properties jumped 6.6 percent to $914.8 billion.
For property owners, that translates — once again — into larger bills.
The average owner of a single-family home is expected to shell out $168 more, or $4,598, once the Finance Department finalizes the assessments and the bills for fiscal 2015 go out in July.
That 3.8 percent hike will make co-op and condo owners envious.
The average tax bill for co-ops is going up $329, or 5.5 percent, to $6,247.
Condo owners are getting whacked even harder, a 7.4 percent hike averaging $552 to $7,987.
Owners of one- and two-family homes have until March 17 to challenge their assessments. Others have until March 3.