Hundreds of petitions are filed in New York City each day throughout September and October challenging the city’s property tax assessments.
On one Thursday last month, there were more than 500 petitions filed in Manhattan alone, including from hotels, major retailers such as Macy’s and Bloomingdale’s, and property owners including the New York City Bar Association, the James Beard Foundation, and New York University. And thousands more have continued to roll in as petitioners scramble to meet an Oct. 24 filing deadline.
The defendant in each, often written in all capital letters: THE TAX COMMISSION OF THE CITY OF NEW …