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Unfair Property Taxes — Brooklynian

Unfair Property Taxes

I have no problem paying taxes and I am not complaining that my taxes are too high. I do have a problem with the low taxes paid by certain parts of Brooklyn, such as Park Slope, Carroll Gardens, etc. Check out this info from Sunday's NY Times Real Estate Section (residential sales 7/27/08):

HEARTLAND VILLAGE, SI.........$399,000 TAXES.......$2,245

PARK SLOPE, BKLYN...............1.895 MIL TAXES.......$1,805


Does this make any sense? Can someone explain this to me??? Why do I pay more property taxes for my Bay Ridge home valued at $575,000 than a million+ home in the same city??

Comments

  • Welcome to America....

    Don't worry, the issue to which you are complaining will soon be 'corrected'.
    I have no problem paying taxes and I am not complaining that my taxes are too high.
    We all should complain and have a problem our taxes are too high. As we have failed to do so, they are what they are.

    This is just another 'sign' of the times. With the world economy rapidly going into the toilet, things are going to get much, much much worse.

    Our Gubbener is merely the first to break ranks and begin to let the truth be known.

    Study my tag line.
  • Subject: Re: Unfair Property Taxes

    nonhipoldbklynchick wrote: HEARTLAND VILLAGE, SI.........$399,000 TAXES.......$2,245

    PARK SLOPE, BKLYN...............1.895 MIL TAXES.......$1,805


    Does this make any sense? Can someone explain this to me??? Why do I pay more property taxes for my Bay Ridge home valued at $575,000 than a million+ home in the same city??
    I don't know about this specific one, but I do know that a lot of new construction is tax abated for several years, with the full taxes slowly rolled in. I assume this is to encourage new construction. I saw a lot of this in Staten Island. I have no idea if it exists in Park Slope, but I suppose it is a possibility.
  • similar to what daver said, if the property value skyrockets the taxes can not skyrocket at the same rate for people who already own the homes. There is a max % that your property tax can go up a year. Park slope will catch up eventually. Also it could be a "misprint" inorder to attract buyers in these times. remember the paper nor the owner is liable for "misprints".
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