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Property Taxes

Update: Westchester County Exec Latimer Officially Announces Bid For Congress Against Bowman Update: Westchester County Exec Latimer Officially Announces Bid For Congress Against Bowman
Update: Westchester County Exec Latimer Officially Announces Bid For Congress Against Bowman Westchester County Executive George Latimer has officially announced his intention to launch a Congressional Democratic primary challenge for New York's 16th District seat.  Latimer, age 70, announced his campaign in a video posted to social media on Wednesday morning, Dec. 6, in which he said he is "ready to deliver" for constituents within the 16th district.  The 16th district is made up of the southern part of Westchester, including the suburban cities of White Plains, Mount Vernon, Yonkers, New Rochelle, and Rye, and a small portion of the northern Bronx.  "We're al…
COVID-19: Latimer Proposes Legislation To Ease Financial Burden On Westchester Residents COVID-19: Latimer Proposes Legislation To Ease Financial Burden On Westchester Residents
Covid-19: Latimer Proposes Legislation To Ease Financial Burden On Westchester Residents As the battle against novel coronavirus (COVID-19) continues to rage on, Westchester County Executive George Latimer is calling on the Board of Legislator to alleviate taxpayer burdens. Latimer said that his office has submitted legislation that would allow taxpayers who have economic hardships due to the pandemic to apply for a delay in paying county property taxes. The current due date of Thursday, April 30 would be extended through Wednesday, July 15 without any penalty, though it would not apply for mortgage lenders or banks. Latimer noted that the hardship must be caused by the public…
$17.5M Bond For New Route 22 Firehouse Up For Vote In Bedford $17.5M Bond For New Route 22 Firehouse Up For Vote In Bedford
$17.5M Bond For New Route 22 Firehouse Up For Vote In Bedford A historic building in Bedford may have overstayed its welcome. Members of the community are voting on Tuesday, April 30, on a $17.5 million bond to replace the Bedford Fire Department’s firehouse, which has stood in the heart of town since 1929. Citing cramped space in their ⅓ of an acre lot between the Bedford Public Library and the town’s Post Office, department officials have proposed a public bond that would allow them to build a new firehouse just south of Bedford village on Route 22. If approved, there will be an increase in property taxes of slightly more than $225 for homeowners. …
These Hudson Valley Counties Have Highest Property Tax Rates In Nation, New Study Says These Hudson Valley Counties Have Highest Property Tax Rates In Nation, New Study Says
These Hudson Valley Counties Have Highest Property Tax Rates In Nation, New Study Says Homeowners in New York and Connecticut paid some of the highest property taxes in the country last year, according to a brand new report. ATTOM Data Solutions released its 2018 property tax analysis for more than 87 million homes, announcing that single-family homeowners last year paid a total of $304.6 billion, up from $293.4 billion in 2017. The average was $3,498 per home, according to the report, which made for an effective tax rate of 1.16 percent. According to ATTOM, the report analyzed property tax data collected from county tax assessor offices nationwide at the state, metro and cou…
Latimer Calls For Slight Sales Tax Increase Latimer Calls For Slight Sales Tax Increase
Latimer Calls For Slight Sales Tax Increase Property taxes may soon be frozen, but consumers in Westchester will also be paying an increased sales tax if County Executive George Latimer's plan is enacted. Latimer has proposed “The Westchester County Property Taxpayers Protection Act,” which, if approved, would keep the property tax levy flat for two years, while raising sales tax 1 percent. The proposal would help stabilize the county’s finances after losing its AAA rating - the highest ranking available - in each of the Big 3 rating agencies, last year. “As the bond rating agencies scored us and lowered our bond rating, put us on a …
Court Rules To Allow Westchester City To 'Tax Tech Giants' Court Rules To Allow Westchester City To 'Tax Tech Giants'
Court Rules To Allow Westchester City To 'Tax Tech Giants' T-Mobile has been ordered to pay property taxes on large cellular data transmission installations in a Westchester City, creating a new revenue stream. Chief Judge Janet DiFiore unanimously affirmed a decision by the New York Court of Appeals, which found that certain equipment such as cell towers are taxable in Mount Vernon. The decision will force T-Mobile to pay property taxes on several pieces of equipment, but could have wide-ranging implications moving forward. According to the New York Law Journal, the ruling against T-Mobile is just one of the lawsuits the company faces for similar …
Report Explores Why Westchester Home Values Are Getting Hit By 'Dramatic' Price Reductions Report Explores Why Westchester Home Values Are Getting Hit By 'Dramatic' Price Reductions
Report Explores Why Westchester Home Values Are Getting Hit By 'Dramatic' Price Reductions Westchester residents, many trying to avoid the hefty tax bill that 2018 promises, are finding themselves in an unforgiving buyers’ market, according to this report by TheRealDeal.com. Daily Voice recently detailed the plummeting price phenomenon in this report.  It marks the fourth consecutive quarterly decline in Westchester’s home sales. Prices in Westchester fell 18 percent in the second quarter of 2018, with homes asking between $1.5 million to $3 million faring the worst, according to Bloomberg and this Crain's New York Op-Ed piece. In Scarsdale alone, prices dipped 5 percent in the …
Westchester Sees Fourth Straight Quarterly Decline In Home Sales Westchester Sees Fourth Straight Quarterly Decline In Home Sales
Westchester Sees Fourth Straight Quarterly Decline In Home Sales Westchester residents, many trying to avoid the hefty tax bill that 2018 promises, are finding themselves in an unforgiving buyers’ market, according to this report by TheRealDeal.com. Daily Voice recently detailed the plummeting price phenomenon in this report.  It marks the fourth consecutive quarterly decline in Westchester’s home sales. Prices in Westchester fell 18 percent in the second quarter of 2018, with homes asking between $1.5 million to $3 million faring the worst, according to Bloomberg and this Crain's New York Op-Ed piece. In Scarsdale alone, prices dipped 5 percent in the …
Report Explores Why Westchester Home Values Are Getting Hit By 'Dramatic' Price Reductions Report Explores Why Westchester Home Values Are Getting Hit By 'Dramatic' Price Reductions
Report Explores Why Westchester Home Values Are Getting Hit By 'Dramatic' Price Reductions Westchester residents, many trying to avoid the hefty tax bill that 2018 promises, are finding themselves in an unforgiving buyers’ market, according to this report by TheRealDeal.com. Daily Voice recently detailed the plummeting price phenomenon in this report.  It marks the fourth consecutive quarterly decline in Westchester’s home sales. Prices in Westchester fell 18 percent in the second quarter of 2018, with homes asking between $1.5 million to $3 million faring the worst, according to Bloomberg and this Crain's New York Op-Ed piece. In Scarsdale alone, prices dipped 5 percent in the …
Town Supervisor Proposes Extending Elections When Trains Aren't Running Town Supervisor Proposes Extending Elections When Trains Aren't Running
Town Supervisor Proposes Extending Elections When Trains Aren't Running Greenburgh Supervisor Paul Feiner suggested on Wednesday that a state law should be passed to extend elections during emergencies that shut down Metro-North commuter trains. "On Tuesday, May 15th there was a very important election around the county for School Boards and school budgets. . . . And there were some hotly contested elections for School Board in some districts," Feiner said. School budgets were defeated in Brewster and New Rochelle.  "Many voters who intended to vote after they came home from work were unable to catch a train to Westchester in time to vote. Vote…
Plan Moves Forward For Luxury Golf Community In Westchester Plan Moves Forward For Luxury Golf Community In Westchester
Plan Moves Forward For Luxury Golf Community In Westchester Plans to transform the Hampshire Country Club in Mamaroneck into a luxury residential golf community took another step forward with the close of the public comment period on the Draft Environmental Impact Statement (DEIS).  The Planned Residential Development (PRD), which is before the Village Planning Board for site plan approval, will now move into the Final Environmental Impact Statement (FEIS) stage. Called the Residences at Hampshire Country Club, the development will feature 105 ultra-luxury residential units, including 64 carriage homes designed to appeal to empty-nesters looking for…