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  • NYC Property Tax Lawsuit Is Back On, High Court Rules

    05/13/2024 2:38:28 PM PDT · by texas booster · 7 replies
    The City Scoop ^ | March 19 2024 | Greg David
    This article is posted in its entirety after a podcast from Bloomburg discussed the unfair NYC property tax system.New York City’s notorious property tax system — which places a higher burden on rental properties and advantages affluent white areas at the expense of lower-income neighborhoods of color — appears headed for a major overhaul.The state’s highest court voted 4-3 on Tuesday to reinstate a lawsuit by a coalition called Tax Equity Now New York that sought to have the convoluted system declared illegal.The Court of Appeals revived two claims from the suit, which had previously been dismissed by lower courts....