S1897 — Relates to limitations on assessed value for any parcel that is held in cooperative or condominium forms of ownership

S1897 — Relates to limitations on assessed value for any parcel that is held in cooperative or condominium forms of ownership · Informed CitizenryThis bill amends the real property tax law to change how the assessed value of parcels held in cooperative or condominium forms of ownership is increased. Specifically, it establishes a 12-year pha…Open in Informed Citizenry