NYC Real(i)ty Speak

NYC Real(i)ty Speak: A tax assessor and a buyer walk into a co-op...

By Teri Karush Rogers | November 18, 2011 - 2:06PM

So you want the highest possible closing price and the lowest possible tax assessment? Here's how to play it both ways:

  • To buyers: "Pre-War architectural details"  To the tax assessor:  "Roof about to cave in, faulty wiring."
  • To buyers: "West Village gem close to bike path with views of the Hudson." To the tax assessor: "Flood Zone A."
  • To buyers: "Solidly built mid-century." To the tax assessor:  "Asbestos."
  • To buyers: "Doorman building."  To the tax assessor:  "Homeless guy sleeps in vestibule of building."
  • To buyers: "The Mayor's daughter lives here." To the tax assessor.  "The Mayor's daughter lives here."

Veronica X. is a Canadian by birth, an Upper West Sider by nature, and an Upper East Sider by choice and circumstance. She has finally found an apartment big enough for her family, books, and shoes and is now in the process of renovating it.




Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.