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The Disparate Property Tax Treatment of Landlords
In New York City, buildings over 11 units make up an increasing share of the revenue for taxes. This also applies to commercial properties,. Buildings of one to three units have artificial or caps on the amount that their assessment can grow every year. And even buildings of four to 11 units, excuse me, four to 10 units also have caps - although Albeda is not as good as the one that three families are.