Property Taxes in NYC, are they increasing?

Haha, I was JUST literally talking about this.
Is there a way to impact absent owners' and investors' condos and leave NYers out of it, and landlords too so rental prices don't increase.

Absolutely.

Approximately 3.8%for single-family homes, 5.5% for co-ops, and 7.4% for condos.

Sounds about right. NYC magically increased our property values.

http://www.nydailynews.com/new-york/nyc-home-values-property-taxes-rise-article-1.1581509

http://www.nyc.gov/html/dof/downloads/pdf/press_release/fy2015_ta_roll_press_release.pdf

You think property taxes are increasing in NYC ... you should see what's going on in C0lumbia C0unty.

> You think property taxes are increasing in NYC ... you should see what's going on in C0lumbia C0unty.

tell us!!! what's up?

Property taxes go up every year, so you don't have to ask. Co-op and Condo owners get screwed as compared to owners of houses. Also you'll find Co-ops on 5th Avenue paying substantially less taxes then properties on First Avenue which are valued at less than half those on 5th. No way to figure out the taxing policy. You just have to live with it.

What is the world coming to when a knowledgeable polite informative poster like NWT is greyed out?

To put what RealEsateNY said in another way, The tax code is very biased, in favor of single and multi-family homes and to a lesser extent older residential buildings at the expense of condos.