Occupants unhappy over tax hikes on northeast Queens co
Southeast (Briarwood,
Oakley Glasses 2013, Brookville, Cambria levels, Hollis, Jamaica, Laurelton,
Oakley Sales, Queens vill, Rosedale,
Kids Oakley Sunglasses, Street. Albans, Springfield smaller gardens)"They look at it as they may as well buy a house, Which is a larger put in, Than come here and pay large numbers in taxes, Talked about John DePasquale, Gm at Alley Pond Owners Corp, A self got along co op in Bayside.
The unhappy apartment owners say this problem stems from Mayor Michael Bloomberg's lack of action in pushing for a new state tax code that would get rid of the high tax increases on middle class co op and condo owners. They hope the next mayor will so something with the issue.
Warren Schreiber inside Presidents' Co ops Condos Council, Which signifies more than 100,000 professionals, Said northeast Queens has been hit the hardest by the improved tax evaluations.
"There have been double digit and perhaps triple digit increases in tax evaluations, Acknowledged Schreiber.
The city Department of Finance lists private homes as Class 1 land. It signifies their assessed value, Which is set at six percent of the property's monatary amount, Cannot be increased a great deal six percent a year.
Around the, Co ops and condos are marketed in Class 2, With the help of rentals and other revenue streamed housing. Their assessment value is 45 percent of the property's cost, And there's no cap on yearly assessment increases.
While the house tax code is a state law, It is up to the mayor to request changes to city tax categories.
"Mayor Bloomberg and his predecessor Rudy Giuliani have always opposed changes in the class system, Said express Senator Toby Ann Stavisky.
Stavisky said the property classification system for co ops and condos is unfair and has led to incongruencies in tax assessments throughout the city. She said she's working closely with Assemblymember Edward Braunstein to treat this issue. 26. Getzel, 59, Said many co ops in the area have been forced to charge higher management fees due to increased tax assessments.
Kevin O'Brien,
Ray Ban Justin 4165, A as well long retired co op owner at Bell Park Gardens, Agreed that the tax ailment is unfair.
"If you go holiday to a co op development here, Windsor village green, Windsor cherry,
Ray Ban Havana, Hollis in the legally speaking, They're all going to say the same principal, Proclaimed O'Brien, 43. "They don't understand why we're paying so much property tax for only a few square feet,
Others concerns about the effect on older owners.
"I think the tax increases are going to push the seniors out, Acknowledged Jennifer Santaniello, 48, Of Hollis court docket. "I don't think they are going to be able to afford to live in Queens,
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