NYC Homeowners Hit With 8.8% Property Tax Hike
Started by iMom
about 16 years ago
Posts: 279
Member since: Feb 2008
Discussion about
http://wcbstv.com/local/nyc.property.tax.2.1318668.html Residents Furious, Say Bloomberg Doesn't Care; Condo And Co-Op Owners To Be Hit With Double-Digit Increase NEW YORK (CBS) ― It's another act of a tone deaf government. Cash-strapped New York City homeowners are being hit with hefty property tax increases. And the reason is hard for homeowners to both understand and swallow. To city homeowners... [more]
http://wcbstv.com/local/nyc.property.tax.2.1318668.html Residents Furious, Say Bloomberg Doesn't Care; Condo And Co-Op Owners To Be Hit With Double-Digit Increase NEW YORK (CBS) ― It's another act of a tone deaf government. Cash-strapped New York City homeowners are being hit with hefty property tax increases. And the reason is hard for homeowners to both understand and swallow. To city homeowners it gives new meaning to the term fuzzy math. Their property values have plummeted but their taxes are going up. And they are furious. "All you're paying is taxes on top of taxes so what do they really do for you? They don't do nothing. Vote for me. Vote me in. We'll do this for you. We'll do that for you. They don't do nothing for you. They just give you headaches on top of headaches," said Alan Navas of Astoria. Voters all across the metropolitan region are in revolt over high taxes, but city residents will have to dig deeper to live here to reflect -- if you can believe this -- higher property assessments during the boom years that by state law are still being phased in. Councilman Peter Vallone voted against the increase, but he couldn't stop it. "This will lead to more foreclosures. It's the continued erosion of our tax base which is, I'd like to say is pennywise and pound foolish, but it's not even pennywise, it's just plain foolish," said Vallone, D-Queens. One- and two-family homeowners will be hit with an 8.8-percent increase. The average homeowner will see his taxes go from $3,233 to $3,519. Co-op and condo owners will pay 10.3-percent more. The average co-op resident's tax bill will go from $4,467 to $4,930 and condo owners from $6,422 to $6,874. Homeowner Delores Camilleri was shocked when CBS 2 HD told her the new bills were being sent out on Monday. Tom Flynn of Astoria fought to bite his tongue. "It's Bloomberg nickel and diming us for everything he can get," Flynn said. When asked what she would say to the mayor if given the opportunity, Astoria homeowner Mary Volponi said, "Oh I'd kick him. He don't care." Added equally disgruntled Navas: "As far as I'm concerned New York City is just gonna be the poor, and the middle class. The rich are gonna get out and you ain't gonna have nothing here if they keep raising the taxes and raising the taxes." The new tax bills are being put in the mail Monday by the city Finance Department. Homeowners have until Jan. 1 to pay up, the same day the mayor and City Council are sworn in for new terms. [less]
Add Your Comment
Recommended for You
-
From our blog
NYC Open Houses for November 19 and 20 - More from our blog
Most popular
-
47 Comments
-
23 Comments
-
25 Comments
-
30 Comments
-
47 Comments
Recommended for You
-
From our blog
NYC Open Houses for November 19 and 20 - More from our blog
The key phrase here, boys and girls, is...
"Co-op and condo owners will pay 10.3-percent more. The average co-op resident's tax bill will go from $4,467 to $4,930 and condo owners from $6,422 to $6,874."
Ouch.
The $ has to come from somewhere. Sorry, I am not part of the tax revolt.
Peace of mind.
Can't tax your way to economic growth
Amen, p09.
patient, sadly the time is long past for that concept. the alternative is to bail out the states. any takers?
the bills have to get paid somehow. cut government spending (certain entitlements would be fair game without any immediate deflationary impact) and you cut jobs. sadly the government(s) (or governmentz if you're w67th) are a huge employer in this country.
"sadly the government(s) (or governmentz if you're w67th) are a huge employer in this country."
AR, you're correct & that's the problem. This country's going down, down, down.
"The average co-op resident's tax bill will go from $4,467 to $4,930 and condo owners from $6,422 to $6,874."
you do realize how relatively low this is? given current valuations in the city?
i pay over $12000 on a place assessed at $440,000 upstate.
AR: OOOOkkkkaaaaYYY then...keep shorting dollars....keep buying Australia.....turn on the printing press....It's official...Once there were only children in the White House and Congress....Then Albany, Now Tammany Hall.
In a funny sort of way. recently..When Schumer was confronted with the same issues. His only reply was...well.."It will work out, because it always does and people love America."
Like all targets, I prefer to be a moving tax target. A 'homeowner' is like a blind mallard with a broken wing with his webbed feet tied to a stake. Oh yeah, the hunter's got a 12 gauge over and under.
Oh dwell, plug in that spreadsheet with 10% property tax increases till 2015. The economy wi be in recovery by 2012, but it'll take our leaders 3 years to figure it out.
p09, i don't often share the depths of my pessimism, believe it or not i'm by nature a cheery sort. and w67th shares pessimism so well. but i'm afraid. very.
Wait for equity markets to tank - USD should strengthen a bit. Then dump.
W67: you still long the US of A, now?
damn, i think i may be more pessimistic than w67th.
10023, there are easier ways to make money than forex. although had i been in i would have done one thing good and one thing bad, so a wash. corporate debt would have been good, shorting equities would have been bad.
silly me, never thought of the debt of our fathers. don't trust the bastards.
Usa vs. Afghanstan,? Vs. Norway (speeding ticket based on income), vs north korea (tree bark is the 3 rd food group) vs . Canada ( must add an 'ay' after every comment) vs. China ( nothing like a billion mouths to feed on a daily basis), vs france ( they talk funny, biggest racist) vs. Japanese ( Asian equivalents of french) vs. Phillipines ( dog is a staple), vs. Australia ( bunch of intolerant hooligans with questionable ancestry). So I'm stuck with the good ole USA, a country that took us in when our own kicked us out. As long as I can get a dollar meal by collecting 20 coke cans from the unemployed I bankers in their $1mm 1 bdrms, I'll keep my passport.
10023:
You may be right. But don't let equity prices in local currency fool ones eyes. Think Zimbabwe. Not my central tendency, but, It would not surprise me to see stocks double in the next 2 years. As our currency gets destroyed.
p09, methinks the world is too complicated for such a simplistic scenario. but who knows?
w67th, our mcdonalds just got rid of the dollar meal.
Aboutready. Holy shit, that's my secret inflation indicator. When mcd, can no longer sell a dollar meal, we are fked. BTW, the fish filet is made from a odd looking creature in the deep waters off australia. Kinda old school like swimming with t Rex kinda old school looking fellas.
Regarding original post: As they say on Modern Family, "SURPRISE!!!"
Isn't Bloomberg lucky that this wasn't announced before the election?
"The key phrase here, boys and girls, is...
'Co-op and condo owners will pay 10.3-percent more. The average co-op resident's tax bill will go from $4,467 to $4,930 and condo owners from $6,422 to $6,874.'
Ouch."
What is idiot Mom talking about? Ouch? I don't get it? Why is that outrageous? 500 clams a year?
I hate this fake, Glenn Beck-ian, indignation. Get a life.
Alan, your post made me think of that old joke, where the Asian guys goes to the supply room and yells!!!!!! -> fill in blank. Good time bantering back and forth wit racial epithets and tasteless jokes.
hell, w67th, for some utterly unknown reason as a child i would only eat the filet-o-fish. for years. you just made me queasy.
but it was weird. i was at the local mcd's picking up our daughter's once a week fix and some harridan came in asking for an advertised (widely, tv and print) special and was informed that the hoity-toity mcd's in the phillipe starck 23rd street branch wasn't honoring same. and then i noticed no more dollar menu. and then i just read that the burger king franchises are rebelling at the parent company's specials as well. dissention in the fast-food ranks doesn't bode well.
deflation is a bitch. particularly when the price of commodities is increasing. what to do? fire people and make those who still have a job work harder for less.
Yo avenueb! Been awhile. It's the starting salvo, the $500 clams be maty! NOW the revenue line is set, the expense line is 1/2 last year income for ALL civil servants!!!!!!!! So you join cop as 21 yo, work 20 yrs, never draw your revolver, milk the last three years as friends call in sick so you have to do overtime ($120k), and bingo $60k plus cola for the rest of your life at 41 yo. It's amazing the kind of mony Britney spears blows, but you thE saying. Sell sex with no talent when you are young and life off the royalties for the rest of your life.
Damn ihibe. Damn johns. Damn iPhone. Finally took.
"All you're paying is taxes on top of taxes so what do they really do for you? They don't do nothing. Vote for me. Vote me in. We'll do this for you. We'll do that for you. They don't do nothing for you. They just give you headaches on top of headaches," said Alan Navas of Astoria.
AR: we are McD twins! F 'o F was the FIRST thing I ever at at McD's and to this day, I only eat F 'o F - with occasional McChick purchases (& Big M in college).
glad i rent!
10023, i thought that was my guilty secret. who in their right mind eats fish at McD's? we do.
our commune should be interesting. i should say your commune, but that sort of negates the commune aspect, no?
do you think alanhart will be able to grow all of our tomatoes?
"Sell sex with no talent when you are young and life off the royalties for the rest of your life."
So that's what the NYPD's been doing with our RE tax $$$!
I don't especially like it, I just can't help ordering the FoF. How's this for freaky? I have never eaten the Quarter Pounder. Haven't eaten the regular burger in almost 30 years. Haven't had a BM in 15 years.
AR, yes, I can grow all the SE tomatoes ... I'm making saws out of the (nearly) last of them as we speak.
But all of you have to get big aquariums to entertain your childs, and stock them with species "fish", variety "Filet-O" ... apologies for taxonomical irregularities
"who in their right mind eats fish at McD's?"
AR, it ain't fish. According to w67, it's "t Rex kinda old school looking fella".
And we can get hamburgers from the bulls. Or if not that, we can count on still getting ... what is it called?...prairie oysters?
who are you all to be criticizing a form of protein? suspect though it may be.
i eat mcd's now less than once a month. on our way home from dinner we sometimes pick up mcd's for our very tall, very active daughter. she's over 5'9" at 12 and a size 4 so i'm not so worried about the calories here.
but as someone who hit 230 pounds, and who knew the rules, i'd say life isn't always so easy.
I get a double Filet o' Fish at least once per week. Easy, inoffensive, goes well with a gin-and-tonic, and is right there at the corner when I stagger home from work at 8 p.m. I do try to take the freight elevator up, though, not wanting to inflict that other-people's-McDonald's smell on the neighbors.
Now we know how the toilet seat broke: "but as someone who hit 230 pounds"
Hmm... Can't say I didn't see this coming back in, um, 2007.
I can hear the rationalizations now:
"i don't mind paying 10% more in taxes. At least I get to paint my apartment the color I want."
Bill Clinton was famously fond of McDs, which makes it Presidential Cuisine.
nwt, i could grow to love you. that was awesome.
hfs: LOL..nice get from the archives
Nwt very funny.
Oysters? Briny and salty even from the prarie hmmmmmmm !!!
Beatyerputzie, where've you been?
NWT: I have this very uncomfortable feeling that we live very close to each other.
bulls ?
p09, shame on you. really and truly. i was 230 pounds years ago. long before my toilet seat issue.
but if you want to judge people that way, go right ahead. since you haven't shown up at any of our meetings you don't have a clue. and i'm getting pissed off. how the fuck can you support that comment? you want to side with hsf? really, now that i'm a great and glorious size 8 at 5'9"?
fuck you.
thank you, it took you 1 1/2 years to tell me to fuck off, now I feel like I belong.
W67: now I know you are way more upbeat than me about everything. Everyone else is convinced the States is going down the toilet - who cares if you can pick up a 3br at 1965 for 500k when everything else around you is anarchy?
no, answer the question. do you really want to be an associate of HFS?
i don't tell many people to fuck off. but think about this. if you really think that hsf's comment about the person i used to be (almost 80 pounds heavier) is anything other than a tribute to my efforts than you are not the person who has been interacting with me for the last however many months, years.
patient09, also consider yourself one of the very few people lectured by aboutready.
By the way aboutready, thank you for clarifying. I was wondering about the 230 pounds and the fact that you work out for 2 hours a day (considering you have no job or attempt at one you have plenty of time).
Anyway, so was it your husband who broke the toilet seat after all?
"i don't tell many people to fuck off."
sarcasm again, right?
patient, do you still appreciate the reference? do you still value hfs's comments? would you prefer to meet hfs or me? and if you choose hfs i certainly won't be crushed, but i will wonder about your inclination.
patient09, while I'm competing for you, keep in mind I am less likely of the two of us to blame you for something you didn't do to me and seek monetary damages for what you didn't do to me.
also if you invite me over and I use your bathroom, less likley that I'll create a mess.
AR: I'm happy that you decided to take care of yourself.
I only explain myself to three authorities. The Lord, my wife and my boss.
Also I'm less likely to lie to you and then claim my lie was just sarcasm.
at some point(many points actually) i've very much valued p09's contributions.
Was that sarcasm again?
I'd MUCH rather meet hf-scumm than meet aboutready ... psychotic stalkers are so fascinating!
Call your brother columbiacounty. He might be about ready to get involved in this discussion and see if he can help you win back over patient09.
I once heard someone say, just before going into a bar, "oh, don't look, there's my stalker again." So I spent about half an hour across the street from said bar watching the stalker.
My career goal is to become a stalker stalker. I need to start building my portfolio. What do shrimp and pigs and riversiders feed on, by the way?
Oh alanhart, if I've learned anything about you, you are like aboutready diluted 20x. No strong personality or independent positions of your own. Nothing for anyone to hang their hat on.
You are probably described by your couple friends as a "nice guy, um ... yeah, good guy, yeah".
p09, fine. as long as you don't invoke hfs. and evil by association does still exist. nasty little toad of a a person.
ah, agreed. and i saw some horrifically strung out people today as well. haven't seen that at first avenue and 17th in a while. saw a couple of skittering sorts also at midday in another deli on first avenue. and some in union square.
Look at that, aboutready desperate to win back "supporters". As if her worth is judged only by others. And not by actual character.
hsf has many friends. his cat, puff, is on the tv. spot, would like to go outside. hsf is too self-centered to think about anything. spot poops on the rug. hsf shoots spot.
I'm so sad now.
Sad as in deeply unhappy, or sad as in absolutely pathetic?
Yeah, I stick with my 20x dilution comment on you alan.
Thanks for challenging me with that 'zinger'.
i have to believe both. that latter, if there is any sort of awareness at all, even more than the former.
No need to challenge you ... it's been obvious from the start that you're challenged.
Where are your husband and 12 year old daughter aboutready. How happy is your family?
We have all heard of the "carbon footprint". It would seem it would be more important to minimize our "tax footprint". Smaller apartments. No pieds a terres. Cheaper cars. Etc.
"No need to challenge you ... it's been obvious from the start that you're challenged."
Good one!
Just got out of our board meeting - taxes are indeed up. Crazy stuff - our building is up 40% over the last 2 years.
40%! What besides taxes? Fuel?
Let's face it, Bloomberg doesn't give a shit. He probably doesn't even remember what a 10% increase means for non-billionaires.
Aboutready, relax. You won't believe it but life is NOT about you.
WTF happened? It was just such a fun thread, until hfs showed up. Wrap your shrimpie mind over this hfs, why is it that after your work day you come on here messing with us career slackers?
Find another thread and don't mess with alanhart, jacque poster. I'm still giggling over that one.
Toxic Personality Disorder
was that a joke post by 23 about the money having to come from somewhere?
the nyc govt is, and has been, utterly inefficient, irresponsible, etc. so...how about union-taming, budget cutting...first
Saw Paterson at the Palm not long ago. Short little fella.
p09, i was put on paxil for post-partum depression (after being hospitalized for same). then i went back to work, full-time in 4 days, with a toddler, husband third-year associate in big law, no time for exercise. i gained 90 pounds during those 2 years of work.
"i'm happy you decided to take care of yourself." you have no idea.
stakan, give me an f'ng break. i'm fully aware that life is not about me, but this thread has been way too much about me. hsf is ALL about me. pitiful.
i love how bllomturd said the increase has to do with rising property values
Real Estate owners have made a decision to invest in the city and make it their home. The city is ruining it's tax base because real estate taxes is the easies source of revenue and the politicians don't have the courage to do the right thing. Of course renters take delight in this.
aboutready
about 1 hour ago
ignore this person
report abuse p09, i was put on paxil for post-partum depression (after being hospitalized for same).
I have a lawyer who keeps writing about "same". Normal people don't write or speak that way only people who want to look smarter than the rest. Anyway, that I guess can be forgiven as just a quirk. It is better than lying. (I mean sarcasm).
aboutready
about 1 hour ago
ignore this person
report abuse stakan, give me an f'ng break. i'm fully aware that life is not about me, but this thread has been way too much about me. hsf is ALL about me. pitiful.
Maybe because you reveal too. In this thread we know know about your weight, your daughter's age and weight, your mental history, how often you eat McDonalds ...
reveal too _much_.
why do you feel the need to repeat everything? makes you look bad, real bad.
good morning columbiacounty.
(that's an insult to you, right?)
you've become a running joke. and not in a funny way. you're just boring.
Well, in that case I should thank you for the little attention I do get.
Thanks Columbiacounty!
you would do better if you were honest---
Hey speaking of, I've still never got the explanation from you why you don't tolerate some liars and do tolerate other liars. Can you help explain?
Thanks
hfscumm,
Why do you constantly seek validation/toleration from others?
typical lurker behavior. pathetic. and as previously noted....boring.
columbiacounty, good morning!
so, you've managed that twice. you're not my buddy---we both know that. how is this fun and interesting to you? as i've asked you many times, what the hell is the point? does this make you chuckle?
It makes me giggle.
You hate that right?, anything positive in the world makes you angry?
Good morning
Jimstreeteasy: It is the pension fund boondoggle that NY is going to have to eventually deal with but the govt is a giant wuss. I think the police and firemen are noble beings and deserving of monetary gain. However, the excesses and fraud in the pension system is inexcusable. If there is a pay czar, there should be a pension czar. Eventually property tax payers will revolt that they are the go-to source of revenue. homeowners are a wheel that needs to start organizing and squeeking like mad. I think this is only the beginning of the tax hikes -- see CA. Govt cronies will only reform pension funds as as a last, end of the world scenario.