Hotel owners, operators, and other hospitality entities should start preparing for property tax appeals challenging assessments that likely are, and will continue to be, too high. Challenges to hotel and lodging properties’ assessed values are critical for 2021.
Manhattan district attorney subpoenas NYC property tax agency in Trump Organization probe
The Manhattan District Attorney’s Office has subpoenaed the New York City Tax Commission as part of a criminal investigation into former President Donald Trump’s real estate company, according to a spokesperson for the New York City mayor.
“The New York City Tax Commission has received a subpoena from the Manhattan District Attorney regarding Trump Organization properties,” Laura Feyer, a spokesperson for the New York City Mayor, which also speaks on behalf of the property tax agency’s office, told CNN.
Reuters first reported on the subpoena.
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Official site of The Week Magazine, offering commentary and analysis of the day s breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons.