Tag: Property Tax Cap

In 2011, New York enacted a on annual local property tax levies. A revealed that school property taxes have grown at an average annual rate of 2.2 percent per year in the four years since the cap was created, down from 6 percent per year in the thi Read More

It's safe to say that few Capital Region residents split their time between an upstate residence and a rent-controlled apartment in the five boroughs. So with just 11 days left in the legislative session, should the citizens of Albany, Niskayuna or East Greenbush be concerned about housing policy in New York City? The short answer: You bet. Read More

Almost three-fourths of New Yorkers agree that the property tax cap "has accomplished what was intended" and "should be continued," according to a Siena Research Institute poll released this morning. But support climbs even higher when respondents in New York City—which was not affected by the property tax cap law—are excluded. Read More