Overdue property taxes in New York are expected to hit a record $880 million by the end of the fiscal year this June, which city officials have blamed on the end of a pandemic-era tax-lien sales ...

New York also found its way towards the top of the list, ranking 6th in the nation with an effective property tax rate of 1.6%. With the state’s median home valued at $403,000, the 1.6% property ...

But even accountants can be confused by New York City’s property tax system ... This is one way that property taxes become disconnected from home values — and from common sense.

Property taxes, one of New York City’s main wellsprings to finance its transit, police, fire, and public school districts, are under fire. A seven-year-old lawsuit brought forward by Tax Equity ...