New York's pied-a-terre tax sets up legal fight over values

New York's pied-a-terre tax sets up legal fight over values

Summary

NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing  high-end second homes.

Description

NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing  high-end second homes.

Original reporting

AFBytes is a read-only aggregator. Use the original source for full context and complete reporting.

Open original source

Related coverage