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Re:Amazon Pulls Out of Planned New York City Campus by lsllc on Thursday February 14, 2019 @02:25PM (#19165024)

  "For example, a $3m brownstone in Park Slope I saw had ~$700/month in property taxes"
Surely that's a typo. At a tax rate of $10 per $1000, that would to be $2500/month.
Re:Amazon Pulls Out of Planned New York City Campus by cletus on Thursday February 14, 2019 @02:58PM (#19165408)
Examples:

- Park Slope brownstone, $548/month: https://streeteasy.com/sale/1375411

- Park Slope condo, $1740/month: https://streeteasy.com/building/105-8-avenue-brooklyn/3

Note: if you look into this a lot of condos have deceptively low monthly taxes due to a tax scheme (now defunct) called J-51 (IIRC) where property taxes started at 0 and would go to normal levels over 20-30 years.

Re:Amazon Pulls Out of Planned New York City Campus by lsllc on Thursday February 14, 2019 @04:44PM (#19166339)
That's absolutely insane. So we get oligarchs and tyrants buying up property in NYC to launder their ill gotten gains and paying little to no property tax on it!
Re:Amazon Pulls Out of Planned New York City Campus by mancerayder on Friday February 15, 2019 @12:38AM (#19168699)
Oligarchs and tyrants buy condos in the sky more than brownstones someplace. And 3M isn't a huge amount for a three family home near public transportation, especially a home from the late 1800's that's attached to other homes and with thousands of dollars a year in upkeep. There's an even more important reason for taxes targeting condos more than the older buildings: rental buildings (like a 3 or 4 family brownstone) have renters, and higher taxes would mean higher rents.

All that said, if you build a brand new single or multi-family home someplace, anyplace, the taxes will be pretty high. It's all about the grandfathering of older asessments and a state cap on tax rate increases (20% a year I believe), which is allowed an adjustment if renovation is done (or a fresh assessment if it's new).