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.
16 comments:
I'm ready to move! We already pay the highest electricity rates of anywhere in this country, we get flooded with the water bills, cable is too expensive all over the country, rents are out control....will it ever end?
Property taxes were raised in 2001 when new Council members were elected, due to term limits. But, as usual, voters forgot about this, and re-elected their councilmembers.
i got rid of cable for a year and the only reason i got it back was for the disney channel
if you don't have kids and don't really care about watching basketball cut the cord. a la carte internet starts at $15 and Netflix and Hulu are $8 each per month
and get rid of the home phone part of your cable bill. cell phones are now unlimited minutes on every carrier
Yeah, nobody likes taxes, but do you realize what people pay in property tax for comparable value homes outside the city? It's insane. The high NYS and NYC income taxes are bigger issue IMO.
and get rid of the home phone part of your cable bill. cell phones are now unlimited minutes on every carrier
If you have an alarm system for your house, I think you need to have a land line for the alarm to contact the central monitoring station.
gotta pay for other peoples benefits somehow.
i meant the home phone part of the cable package that they charge $30 for i'm pretty sure the newer security systems will work over broadband internet service
unless your homeowner's insurance requires a security service you can buy some cameras and sensors for $300 or so, connect them to your internet service and watch them via iphone or android phone
unless your homeowner's insurance requires a security service you can buy some cameras and sensors for $300 or so, connect them to your internet service and watch them via iphone or android phone
get a dog and a glock
The unfairness of NYC real estate taxes paid by one- and two-familiy homes which are owner-occupied is obvious: the taxes go up when there market value drops, the taxes go up when the market value goes up. The owner doesn't have a cash flow tied to the house. It's just a bigger bill that has to be paid each year.
For sales tax, you pay less sales tax when you buy less (or better buy somewhere where the sales tax is lower). For income tax, when you make less, you pay less.
Who wouldn't want to pay higher property taxes?
What's wrong with you?
Think about the children!
What?
You don't LOVE the CHILDREN????
You people should be reported to Comrade de Blasio as counter-revolutionary capitalist running dogs, and sent to re-education camps!!!!
i meant the home phone part of the cable package that they charge $30 for i'm pretty sure the newer security systems will work over broadband internet service
Since cable seems to go up and down very frequently, I'd rather keep my phone with Verizon, so if/when my alarm goes off, the signal will go to the central station. If it went through the cable wire, I'd be worried.
Glen Cove $50,000/yr but no income tax
Terrablitzion? What's that?
RE:property taxes:
taxes at cities in the U.S.(N. %S.Dakota ,Okla.,P.A. where FRACKING IS BE DONE SAFELY HAVE BEEN REDUCED AND WAGES ARE NEARING $100,000 /YEAR.
YET IN nys CERTAIN FAVORED POLITICIANS AND GREEN ,ENVIRONMENTAL GROUPS REMAIN DELUSIONAL.
WITH A REAL UNEMPLOYMENT RATE NEAR 15 % , THIS IS A SIN .
THE NYC COST FOR "EDUCATING" ONE REG.PUPIL IS $20,000 PER YR. FOR ONE SPECIAL ED. PUPIL THE COST IS NEARING $90,000/PER PUPIL/YR.
THIS IS PROPERTY TAX FROM YOU "THE RICH".
PAROCHIAL PUPILS COST $4500-5000 /YR.
HAIL HOPE AND CHANGE ...PROGRESSIVE COMMIES STYLE
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