Property Tax Certiorari

The New York City Department of Finance and Commissioner of Finance oversee property taxes in the 5 Boroughs of New York City. Their methods are arcane and intentionally incomprehensible, but their goal is clear: bleed property owners of money to fund the City’s various initiatives. After all, real estate cannot be hidden or moved away.

Challenging these taxes is a multi-step process. First, you must file a challenge with the Board of Assessment Review, an administrative hearing before the Department of Finance. If (usually when) you are denied at this level, you must then file an “RPTL” lawsuit. The best course of action is to stack up several years of challenges before attempting a settlement discussion with the New York City Law Department.

Our firm has a special practice area devoted to reducing assessments on Class 2, 3, and 4 buildings. We know how to calculate the appropriate assessment, as well as discovering if a misclassification has occurred (which can also substantially raise your taxes.) We have lowered assessments for small buildings by 6 and 7 figures in the past, and look forward to bringing our winning secret recipe to your aid.

We are among the very few firms specializing in this area, and we have a reputation for obtaining results. Contact us, and we will provide a commentary basic analysis of your building.