City sets up commission to propose real estate tax reform

Sometimes, clients ask me why the taxes on one townhouse are much higher than others or vice versa. The City tax system is a very difficult one to understand and few do. The City has appointed Vicki Been and Marc Shaw to co-chair this new commission. 10 public hearings will be held to solicit input from the public.

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The Author-  Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He has sold in every neighborhood from Battery Park City to Washington Heights.