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.


 

 

 

Teri Karush Rogers

Founder & Publisher

Founder and publisher Teri Karush Rogers launched Brick Underground in 2009. As a freelance journalist, she covered New York City real estate for the The New York Times. Teri has been featured as an expert on New York City residential real estate by The New York Times, New York Daily News, amNew York, NBC Nightly News, The Real Deal, Business Insider, the Huffington Post, and NY1 News, among others. Teri holds a BA in journalism and a law degree from New York University. 

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