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In the News

Apr 2019

2019 WNY Home Stats – 1st Quarter Update

Well here we are with the 1st Quarter of 2019 already over, and lots of great news about how well WNY is doing in terms of jobs, growth and even one of the best places to live in the USA! So how are home sales doing in WNY? Let’s check out some stats! Read more …

Apr 2019

These 10 Cities Will Dominate Home Construction in 2019

Home construction across the United States is slowing down—and the timing couldn’t be worse. The country is already at its lowest point in a decade for housing affordability, due largely to the shortage of homes on the market. In February this year, according to U.S. Census Bureau data, 9.9% fewer homes than a year ago …

Apr 2019

Is the Hudson Valley Turning Into the Hamptons?

For Amelia Sandell, the Hudson Valley was appealing because it was nothing like the Hamptons. Although now, she admits, that argument is getting harder to make. “It feels like the amount of people from Brooklyn who are buying second homes here is growing exponentially by the day,” said Ms. Sandell, 43, who lives in a …

Apr 2019

Binghamton mayor sees tax assessment decrease by $47,700

Binghamton Mayor Rich David saw his property tax assessment for his personal residence at 45 Court St. drop by $47,700 for 2018. While David broke no laws while obtaining the assessment and followed standard New York state procedures, some constituents question the ethicality of the method he used. The change reduced David’s assessment from $179,000 …

Apr 2019

These New York counties have the highest property taxes in America

ALBANY – Westchester and Rockland counties had the highest property taxes in the nation last year, while the Binghamton, Syracuse and Rochester metro areas led the country in property taxes compared to home values, a report Thursday said. New York has long struggled with high property taxes that are twofold: the New York City suburbs …

Apr 2019

As assessors retire, county contracts with towns for service

LITTLE VALLEY — The Cattaraugus County Office of Real Property Tax Services is partnering with a half dozen towns to provide assessing services after the municipal assessors retired. Daniel Martonis, director of the Office of Real Property Tax Services, started the pilot program two years ago after two towns asked for help because their assessors …

Mar 2019

Editorial: Albany stumbles on reassessment

The Nassau County real property tax assessment system is so complex that even experts get confused, and New York’s Senate Democrats, even the ones from Nassau, mostly aren’t experts. So putting a plan in their State Senate budget proposal to help the county with its reassessment troubles without consulting experts, or even county officials, was …

Mar 2019

Deadline to set up assessment interviews pushed back

HUDSON — The deadline has been extended for those looking to set up interviews to discuss their assessment. Property owners have five additional days, or until March 20, to arrange an interview to discuss their assessment with GAR Associates, the company hired to do a citywide revaluation project, according to a statement from the city …

Mar 2019

Madison mayor says “dark store loophole” is costing cities and taxpayers

Madison Mayor Paul Soglin voiced his support Tuesday for Governor Tony Evers’s claim that his first state budget proposal will close the “dark stores” loophole that allows companies to base their property taxes off the value of an empty store rather than a working store. Over the past three years, Soglin said the city has been …

Mar 2019

Rehab programs in Batavia could be eligible for tax exemptions

Property conversions, rehabilitation, and building improvements are moving forward thanks to a strong partnership of the City of Batavia, Genesee County and the City of Batavia School District. All three taxing jurisdictions passed enabling local legislation to enact the Real Property Tax Exemption (RPTL) 485-a and 421-f. Property owners investing in Batavia may qualify for …