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Anybody have any experience having their building re-measured for the purpose of having their property tax lowered (or any other reason)?
I understand that the square footage recorded by the Department of Finance under the Notice of Property Value can be way off, especially with older buildings.
Are there any firms that you know of that can do this (according to Department of Finance guidelines) and know what they are doing?
Thanks!
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Building square footage is only one of many factors the Dept of Finance uses when calculating building Assessed Valuation. What you need to do is contact an attorney who specializes in lowering overall building valuations. They're called Tax Certiorari attorneys.
If your managing agent already works with Tax Certiorari attorney or they can't help you find a one, I can recommend the one we've used for at least 15 years. Tax Certiorari attorneys are paid a percentage of the amount they lower your R/E taxes so there are no up-front fees.
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