N.Y. High Court to Decide Fate of City Property Tax Reform Suit

A broad housing coalition has one more shot to convince a state court that its lawsuit to force reform of New York City’s arcane property tax system should move forward.

The suit, filed by Tax Equity Now New York, or TENNY, has the potential to upend how the city collects its largest source of tax revenue, a process that the organization—a group of real estate developers, civil rights groups, and city homeowners—says is constructed in a way that favors affluent homeowners over low-income New Yorkers and communities of color.

Originally filed in 2017, the suit argues that inequities in the ...