AuH20
02-27-2014, 06:52 PM
Let it all burn! I hope more people start to realize what they are dealing with.
http://nypost.com/2014/02/27/city-state-tax-laws-force-minority-tenants-to-pay-more-suit/
The rent’s so damn high that people are suing.
Lawyers representing two tenants — one black, one Hispanic — filed an unprecedented class-action lawsuit Wednesday against the city and the state claiming property-tax laws are discriminatory.
They charged in court papers filed in Manhattan Supreme Court that the convoluted rules overburden large apartment buildings that house mostly black and Hispanic tenants whose rents are jacked up to cover the higher tax rates.
At the same time, city and state legislation has gradually carved out breaks for owners of homes and smaller apartment buildings over the years, where more whites and Asians tend to live.
“If the suit is successful, it blows up the property-tax system,” said one real-estate source.
In 2013, homeowners paid half as much in total taxes as owners of condos and, co-ops even though the homes were collectively worth more than twice as much.
Among all the different types of dwellings, only owners of large apartment buildings don’t have a cap on how much their tax assessment can climb each year.
http://nypost.com/2014/02/27/city-state-tax-laws-force-minority-tenants-to-pay-more-suit/
The rent’s so damn high that people are suing.
Lawyers representing two tenants — one black, one Hispanic — filed an unprecedented class-action lawsuit Wednesday against the city and the state claiming property-tax laws are discriminatory.
They charged in court papers filed in Manhattan Supreme Court that the convoluted rules overburden large apartment buildings that house mostly black and Hispanic tenants whose rents are jacked up to cover the higher tax rates.
At the same time, city and state legislation has gradually carved out breaks for owners of homes and smaller apartment buildings over the years, where more whites and Asians tend to live.
“If the suit is successful, it blows up the property-tax system,” said one real-estate source.
In 2013, homeowners paid half as much in total taxes as owners of condos and, co-ops even though the homes were collectively worth more than twice as much.
Among all the different types of dwellings, only owners of large apartment buildings don’t have a cap on how much their tax assessment can climb each year.