City announces new commission to reform property taxes

Back in January 2017, Mayor Bill de Blasio reportedly said he would “form a task force or whatever” to address property tax reform in the city. On Thursday, he and City Council Speaker Corey Johnson announced a slightly more concrete plan: the formation of a commission to review the system. The advisory commission will develop recommendations to make property taxes “simpler, clearer and fairer” in the city, according to Thursday’s announcement. Vicki Been, former commissioner […]

Source: Real Estate

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