Monday, April 13, 2026

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Split image showing a happy homeowner with a lower tax bill and a distressed homeowner with a higher tax bill in New York City, symbolizing the uneven impact of property tax reforms.

What is the impact of state property tax reforms on real estate?

In New York City, a hypothetical property tax reform could slash bills by a median of $1,100 for over 499,000 homeowners.

Aaron Blake·April 13, 2026