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1. I am looking for a consultant to review my Co-op's property tax assessments, the City's comparables in its database and our offers for reduced assessment we have received and accepted. I am not looking for someone to take over our property tax challenges. Any ideas?
2. A related question is I am looking for a third party database of reduced Assessments for Co-ops since nearly every co-op challenges its assessment and probably receives some offer of reduction. There must be a systematic database of that. Hopefully a consultant I would hire would be familiar with that.
3. i'd like some suggestions for new counsel to challenge our 2014/15 assessment but more importantly I'd like to know how one can measure their performance if every co-op challenges and gets an offer of reduction.
thanks for any help you can bring on this subject.
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My coop has been filing the appeals with Podell for years, we received one offer for about $15k on a $3 million dollar assessment in the last 4 years. The entire assessment process is a disaster. Old homes in stable neighborhoods are at fmv, while up and coming areas are no where near fmv (or sales price) and will never get there with the current caps on assessment increases. Some private 2 family homes in my neighborhood pay less taxes than 2 bedroom units in my prewar coop. How are coops considered to be commercial property when they are full of low and middle income owners?
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