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30% of NYC Property Taxes Are Unpaid with
No Consequences

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Posted By: FlyRight, 4/1/2024 7:28:31 AM

Since the pandemic, more New Yorkers stopped paying their property taxes. It’s attributed to the end of the tax-lien sales program that would go into effect when people didn’t pay their taxes. The notoriously incompetent City Council didn’t renew it. Under that plan, the city was authorized to sell liens on single-family homes and condos after three years of nonpayment; liens on other property types could be sold after one year. They don’t have to and don’t seem to care, or they can’t because New York is bad for business. Inflation and regulations are not mentioned but must be part of the problem.

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Reply 1 - Posted by: Strike3 4/1/2024 7:44:19 AM (No. 1690304)
No consequences to the delinquent property owners maybe but New York City is broke and broken. Fifty city council members have nothing to do but file their nails and insult white people while Mayor Adams drinks champagne and dances the night away.
8 people like this.

Reply 2 - Posted by: NorthernDog 4/1/2024 8:47:11 AM (No. 1690351)
It's like all the shoplifting. City officials pretend not to notice. Those who obey the law carry an extra burden for all the free riders.
8 people like this.

Reply 3 - Posted by: paral04 4/1/2024 10:35:01 AM (No. 1690424)
The incompetence of the people in the City of New York is now the norm. What would be news is if they finally did something right for its citizens.
2 people like this.

Reply 4 - Posted by: john56 4/1/2024 10:55:46 AM (No. 1690448)
Obviously, no Trump properties would be in that list. My guess that many Dem politicians and supporters are in the deadbeat list,
4 people like this.

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