Speaker Quinn Says She’ll Put Brakes On NYC Property Tax Hike

NEW YORK (WCBS 880) – As Gov. Andrew Cuomo announces tax cuts for many people in New York State, there are reports that Mayor Michael Bloomberg is looking to raise property taxes in New York City to fill a budget hole that would result in deep cuts at city agencies.

WCBS 880’s Rich Lamb On The Story

“I think I speak for the vast majority of the City Council members that we are not interested and will not consider raising property taxes as a way to balance this year’s budget or next year’s budget,” reacted speaker Christine Quinn on Tuesday.

Quinn says property tax payers are already doing more than their share.

“I simply will not entertain any proposal to raise property taxes even further,” she said.

The mayor’s press office denies a property tax hike is under consideration.

Do you think it would be fair to raise city property taxes to fill a hole in the city budget? Sound off in the comments section below!


One Comment

  1. HP says:

    For single family, from 17.3640% to 18.2050%.

  2. HP says:

    Property tax has already raised, look at your tax bill!!!!

  3. bernie says:

    nice i just had to move from my home because i couold no longer afford the gas electric taxes and mortgage .. this is discusting what they are doing to people . Now I have to live in an apartment i am angry and cant wait to leave ny for good . Sooner or later Ny will be only for the rich and the rest of us will be on welfare ! (if u can get it )

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