S#!t Outta Luck: Values Down, Taxes Up


We've heard what Elliman, Corcoran and others think happened to prices last year and now we know what Bloomberg et al think: That property values—at least in Clinton Hill—fell 10 percent last year. The assessed value, however, did not decrease in accordance. As previously reported, property taxes are going up 7 percent this year. Ouch.

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