Stroock Special Bulletin
"New York City Finalizes 2017/18 Real Estate Tax Rates"
The City of New York has finalized the real estate tax rates for tax year 2017/18, which began July 1, 2017 and will end June 30, 2018. The rates for Class 2 residential properties and Class 4 non-residential properties (i.e., commercial) are down from last year.
This Stroock Special Bulletin includes two tables that compare the annualized tax rates for tax years 2016/17 and 2017/18.