What Commercial Property Owners Need to Know About the Use of AI in Property Tax

Big Data in Real Estate

What Commercial Property Owners Need to Know About the Use of AI in Property Tax New technology is constantly being introduced into the market, more rapidly than ever. How do you know which of these trends are worth paying attention to, which may disrupt the established way of doing things, and which will fade away? […]

The Latest Property Tax Developments in Dutchess County

The Latest Property Tax Developments in Dutchess County We are tracking a few important stories in Dutchess County that could affect property taxes. Our goal is to keep commercial property owners informed of any big developments or changes that they should be aware of. Here’s a roundup: 2023 Budget Proposal County Executive Marc Molinaro proposed […]

Commercial Property Taxes on Long Island

Nassau Suffolk Tax Grievance Process

What You Need to Know About Commercial Property Taxes on Long Island Living and working on Long Island, it may feel like you pay some of the highest taxes in the Country. The truth? You do. According to the Tax Foundation, New York State collects the 4th highest state & local taxes per capita in […]

What to know about property taxes for commercial adaptive reuse projects

Adaptive Reuse project in Melville, NY

What to know about property taxes for commercial adaptive reuse projects Reuse / recycle is a great mantra when it comes to sustainability. These principles are central to the commercial real estate practice of redeveloping aging buildings, also known as adaptive reuse. This practice is especially popular in the industrial sector.  Retrofitting an older commercial […]

10 Reasons to Appeal Your Commercial Property Tax Assessment 

10 Reasons to Appeal Your Commercial Property Tax Assessment  Appealing your commercial property tax assessment is one of the best business decisions you can make to lower your operating costs. Property taxes can account for up to 35% of your commercial building’s operating costs in New York. There are so many important reasons to appeal […]

Filing an appeal for your real estate taxes – what is the process?

Filing an appeal for your real estate taxes – what is the process? Let’s take a deeper look at what it means to file an appeal for your real estate taxes and why you need to do so annually. How are property taxes calculated? As a commercial property owner, one of the largest operating expenses […]

Which Pandemic-Related Changes Continue to Affect Commercial Property Taxes?

Update: Which Pandemic-Related Changes Continue to Affect Commercial Property Taxes? During the last few years, when businesses were severely impacted by the COVID-19 pandemic, municipalities adjusted deadlines for property tax grievance filings and tax due dates to allow more time to file. There were also a series of other adjustments made. You are likely wondering […]

Good News for Commercial Net Tenants in NY with Recent Property Tax Ruling

Modern office or residential building background

Good News for Commercial Net Tenants in NY with Recent Property Tax Ruling A net lease agreement is typically structured so the tenant pays all the taxes, maintenance costs, insurance fees, utilities, etc. These obligations allow the net lease tenant to act as the property owner in many ways, without holding legal title. A net […]