Ask the lawyer

Real Estate Law

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Q. I don’t understand, if my tax assessment was reduced why did my real estate taxes increase?

A.This is unfortunately a common situation. The County, Town, Village and School budgets do not decrease and usually increase. Thus, lower assessments calculate to higher tax rates.  If you received a 10% assessment decrease and the tax rates went up to 15% — your taxes increase. 

This doesn't mean that you should give up your right to work with an attorney and get a fair assessment. The reduction helps balance the increasing tax rates.

Richard G. Fromewick is the Chair of Meyer, Suozzi, English & Klein, P.C.’s Tax Certiorari and Condemnation practice located in Garden City, Long Island, N.Y. which centers on providing a full range of real estate tax assessment services.

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