2 ms·
Billionaires and vacant apartments cause issues, but they at least pay taxes. An office building with no tenants will face plummeting property values and a corr
by bobthepanda 3y ago
Billionaires and vacant apartments cause issues, but they at least pay taxes. An office building with no tenants will face plummeting property values and a corresponding dive in tax bills.
* Note: residential property taxation in NYC is in dire need of reform but the point still stands