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How are real estate taxes determined in NYC? Is there a set annual percentage increase?

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General

Keywords:

nyc dept of finance, property assessments, real estate taxes

Is there a way for me to determine what the real estate taxes for an apartment will be in the future, when the current tax abatement expires (e.g. 3-5 years from now)?

What are the different types of tax abatements that a building can qualify for?

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How are real estate taxes determined in NYC? Is there a set annual percentage increase?

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