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Bloomberg Not That Sympathetic On Property Tax Hike
By
Jen Chung
Published Jan 22, 2011
Modified Jan 22, 2011
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By
Jen Chung
Published Jan 22, 2011
Modified Jan 22, 2011
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The Finance Department recently announced that property values went up in the city... which also means property taxes will go up. A Queens resident complained on Mayor Bloomberg's WOR show that Bayside property values zoomed up 50-100%, "It's making the taxes absolutely unaffordable. Nowhere in the city were the assessed values doubled. They targeted this area." Bloomberg didn't think Bayside was targeted, but added that "in some areas they haven't assessed for a long time." Example: Bloomberg's East 79th Street townhouse went up in value from $11 million to $16 million (luckily he has billions to pay his property taxes!).
Tagged
bayside
property taxes
property values
queens
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
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