Credit: Funtap/Adobe Stock NYC's Unfair Property Tax
A discussion of the recent case Tax Equity Now NY LLC v. City of New York which presents a critical examination of New York City's property tax system by the New York Court of Appeals.
April 02, 2024 at 10:00 AM
4 minute read
The case of Tax Equity Now NY LLC v. City of New York (2024 NY Slip Op 01498), decided on March 19, 2024, presents a critical examination of New York City's property tax system by the New York Court of Appeals. This lawsuit raised fundamental questions about the equity, legality, and methodology of property taxation in New York City, challenging the system's compliance with both statutory and constitutional mandates.
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