Tenants Can Join in Landlord's Challenge to Building Tax Assessment

LVT Number: #24799

Landlord sued the NYC Tax Commission to challenge the assessed valuation of its building for the tax years 2009/10 and 2010/11. Landlord claimed that the valuations of the property for those years were excessive. The assessment was based on the building's value after rehabilitation and MCI work, and after the city denied landlord's application for J-51 tax benefits. The city asked the court to dismiss the case. The Parkhill Tenants Committee then asked the court for permission to intervene in the case as an interested party.

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