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Expert: City's tax policy may raise your rent
Rents are going to rise unless officials undo a new policy for taxing property owners, the city's top real estate assessor said Tuesday.
The new method, which began in January, shifts the bulk of the city's property tax burden onto affordable, multi-unit dwellings in the outer boroughs, according to David Moog, who is also president of the assessors union.
"Overall, the boroughs and...
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