A1379 — Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year

A1379 — Prohibits the city of New York from increasing property taxes where a property's assessed value has decreased in the previous year · Informed CitizenryThe bill amends the administrative code of the city of New York by adding a new section, § 11-239.1, concerning assessments following decreased valuation. For one year after a real property's mark…Open in Informed Citizenry