Category Archives: Press
Higher assessments lead to higher taxes in minority-majority neighborhoods across the city. People of color constitute a minority of the population in the 15 community planning districts in which condos, co-ops and rental property are taxed at the lowest effective tax rates. By contrast, people of color constitute 72% of the 15 community planning districts in which those properties are taxed at the highest effective tax rates.
Mayor Bill de Blasio has been getting flak from critics regarding the low property taxes he pays on his two Park Slope properties and the lack of “Fair Share” distribution of homeless shelters in his upscale neighborhood.
Tax Equity Now NY, a group of tax-reform advocates, has filed a class-action lawsuit against the city, charging that the “property tax system is racially biased and favors the affluent over the working- and middle-class.”
A new coalition plans to file a lawsuit claiming that the city’s property tax system is an unconstitutional mess. The “Tax Equity Now New York” group includes homeowners, renters and civil rights groups who want to fix the broken property tax system, claiming it’s riddled with inequalities that Mayor Bill de Blasio has acknowledged and benefits from.
A coalition of tax-reform advocates including the NAACP and former New York State Court of Appeals Chief Judge Jonathan Lippman is gearing up to bring a class-action lawsuit claiming the city’s property tax system is racially biased and tipped in favor of affluent homeowners at the expense of working- and middle class New Yorkers.
Tax Equity Now NY’s lawsuit is based on data compiled by former Bloomberg administration Department of Finance Commissioner Martha Stark, the New York Daily News reported.
Mayor de Blasio claims unfair property tax system that favors the rich too complex to fix right away
Mayor de Blasio on Monday criticized a lawsuit demanding that he fix the city’s unbalanced property tax system as wrong-headed — but wouldn’t say how the problem should be fixed.