MINEOLA, N.Y. (CBSNewYork) — There will be some relief for homeowners in Nassau County this year.
The county says it will pause its property value assessments, meaning the 2022-2023 assessments will remain at their current values.READ MORE: United Nations General Assembly Returns To NYC, With COVID-19 And Climate Front And Center
The coronavirus pandemic has led to a spike in county real estate prices, as people move from the city to the suburbs.UN General Assembly Brings Road Closures, Gridlock To NYC
County Executive Laura Curran said that would unfairly skew property assessments.
Published reports say the plan is to wait for the market to settle before making changes to home values.MORE NEWS: De Blasio: Isaabdul Karim, Parolee Who Died Sunday At Rikers, Not Among 191 Set For Release
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