In a letter written to New York City Mayor Bill de Blasio, Council Member Joseph C. Borelli (R – South Shore) and Minority Leader Steven Matteo (R – Mid Island) addressed three major concerns they and their constituents have regarding the overall fairness of property tax assessments on Class One properties throughout the city. This letter is the result of months of extensive research by the council members, which had uncovered gross inequities in the assessment of properties in borough to borough comparisons, which is an effect of the city inaccurately assessing Class One properties for decades by using a formula based on statistical data, instead of an actual in-person assessment by a qualified assessor, as mandated by state law.
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