In the upcoming May issue of Habitat, we’ll take you inside the looming battle to reform New York City’s archaic, arcane, and inequitable property tax system. Among the highlights are a lawsuit by an unlikely coalition called Tax Equity Now New York, which argues, among other things, that the current system discriminates against minorities. There are also comments from Mary Ann Rothman, executive director of the Council of New York Cooperatives and Condominiums, who speaks forcefully in favor of preserving tax abatements for co-ops and condos – and just as forcefully against “piecemeal” repairs to a broken system Read the article…………..
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