S1893 — Provides that assessed values of cooperative units and condominiums shall not increase by more than 3% in the two years following resolution of tax certiorari proceedings

S1893 — Provides that assessed values of cooperative units and condominiums shall not increase by more than 3% in the two years following resolution of tax certiorari proceedings · Informed CitizenryThis bill amends the administrative code of the City of New York to limit the increase of assessed values for real property owned or leased by a cooperative corporation or on a condominium basis. S…Open in Informed Citizenry