Zuccotti Park Owners Owe $139K in Back Taxes: City

Brookfield Properties disputes city's financial records.

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    NEWSLETTERS

    TK
    AP

    The company that owns Zuccotti Park is among the scores of businesses that owe the city tens of thousands of dollars in back taxes.

    Brookfield Properties and its parent company Brookfield US Corp owe the city more than $139,000 in business taxes dating back to 2006, according to financial records obtained by the Daily News.

    At least one councilman called the debt “ironic” given the amount of time and money the city has poured into securing the park since the Occupy Wall Street protesters claimed it as their national headquarters in September.

    “Occupy Wall Street has been talking about economic disparity … and here’s Brookfield Properties, which has worked with the mayor to keep the messengers out, not paying their share,” Councilman Jumaane Williams, who was arrested last month at an Occupy Wall Street protest, told the News.

    Brookfield told the paper the city miscalculated and it doesn’t owe any back taxes.

    According to the city’s financial records, roughly 40,000 companies, including Brookfield, owe the city a total of nearly $150 million in unpaid taxes.

    Other alleged delinquents include the WNBA, Heineken USA, the Binder and Binder law firm and the Philadelphia Eagles.