NYCLifeinaFishbowl
By
Antony Chow
Today's
comic:
Commentary:
This week, the New York City Department of Finance issued a press release
(.pdf document, Adobe Reader required) announcing that the City's
property values went up by 9.25% in Fiscal Year 2007. Queens lead
the way with a 13.3% increase, while Manhattan had the slowest increase
at 5.4%. The tentative FY2007 Assessment Roll report is available here
(.pdf document, Adobe Reader required). For homeowners, this
report is important because the assessment is a factor in determining
their property tax.