An advisory panel’s work on overhauling New York City’s property tax system may be too little, too late, in the view of a group suing the city to make the first changes since 1996.
“Thinking through these issues is a good thing, but political inaction is why we went to court to force reform in the first place,” said Martha Stark, policy director of Tax Equity Now New York (TENNY), a coalition of real estate interests and community advocates. “Our lawsuit remains the best hope for New Yorkers being unfairly burdened by a broken, discriminatory, and unlawful property tax system.” ...
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