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40 Wall St. Donald Trump is poised to get a property-tax cut for his Wall Street office tower as part of reductions New York is giving building owners in the wake of the pandemic. The estimated market value for property tax purposes of 40 Wall St. one of the former president’s largest holdings in Manhattan was lowered by 29% to about $130 million for the coming fiscal year, the city’s tentative assessment shows. That means the Trump Organization could pay about $1.7 million less in tax on the skyscraper, according to data from the New York City Department of Finance. “It’s a pretty big reduction,” said Martha Stark, a professor at New York University’s Robert F. Wagner Graduate School of Public Service and a former finance commissioner for the city. “The former president is likely to pay less taxes as a result of the pandemic and the Finance Department’s estimate of the value and that’s true for lots of buildings across the city.”

New yorkUnited statesDonald trumpMartha starkTrump organizationWall streetNew york city departmentNew york universityGraduate schoolPublic serviceFinance departmentபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்டொனால்ட் துருப்புமார்த்தா அப்பட்டமானதுருப்பு ஆர்கநைஸேஶந்