Monthly Archives: October 2016

Understanding NYC Real Estate Taxes: How Do I Know When a Tax Benefit Will End?

Real Estate Tax Benefit

This week we analyze a property receiving a 421a tax benefit and see how it “rolls back” with the passage of time.  Clients often ask,  “what would my taxes be if this tax benefit were not in place?”  Let’s see how to figure this out. Consider a condominium apartment at 200 Chambers Street.  The apartment …