{"id":256465,"date":"2026-06-05T15:46:09","date_gmt":"2026-06-05T15:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/256465\/"},"modified":"2026-06-05T15:46:09","modified_gmt":"2026-06-05T15:46:09","slug":"nyc-proposes-property-tax-reform-to-settle-court-case","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/256465\/","title":{"rendered":"NYC Proposes Property Tax Reform to Settle Court Case"},"content":{"rendered":"<p>After years of complaints over unfair bills, New York City said it\u2019s willing to change how it calculates property taxes as it seeks to end a nearly decade-long legal battle.<\/p>\n<p>Steven Banks, the city\u2019s corporation counsel, said at a Friday hearing in state Supreme Court in Manhattan that the city was prepared to pursue reform measures included in a <a href=\"https:\/\/www.nyc.gov\/site\/propertytaxreform\/report\/final-report.page\" rel=\"nofollow noopener\" target=\"_blank\">2021 report<\/a> prepared by a property tax advisory commission, with the aim of settling a long-running case filed by the housing coalition, Tax Equity Now New York.<\/p>\n<p>Plaintiffs with TENNY said they were open to a settlement if the court set &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"After years of complaints over unfair bills, New York City said it\u2019s willing to change how it calculates&hellip;\n","protected":false},"author":2,"featured_media":229712,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[42109,5593,9,56,63,65,64,21719,8968,8965,11014],"class_list":["post-256465","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-federal-tax","tag-municipal-tax","tag-new-york","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news","tag-race-discrimination","tag-real-property-tax","tag-state-tax-legislation","tag-tax-rate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/256465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=256465"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/256465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/229712"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=256465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=256465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=256465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}