NYC lawmakers to fix property taxes … in 2030?
NYC lawmakers to fix property taxes … in 2030?
Two City Council members are thinking ahead about New York’s troubled property tax system. Eleven years ahead, to be exact. Last week, Helen Rosenthal and Ben Kallos introduced a bill mandating evaluation of the system in 2030. The idea is to prevent it from becoming warped over time, as has occurred since the last major change was made four decades ago. The law would create a commission…