Trump Seeks To Lower Tax Rate At Several NYC Properties

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Knewz

By alang.consultant New York (Knewz) — Several buildings and associations bearing the “Trump” name in New York City– including the condominiums in his flagship building — filed requests to lower their taxes. This week, several buildings under the name of President Donald Trump asked a New York court to have their assessments reviewed. The filings say the building assessments are higher than they should be and “exceed the full value of the real property.” Assessments are how a city determines how much property taxes is owed. For example, if a property owner had $1 million in an assessed value, …

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