News and Insights

New York State 2023 Property Tax Appeal Deadlines

Tax Development Apr 05, 2023

stevethompson
By Steve Thompson

NYC Cityscape - New York State 2023 Property Tax Appeal Deadliness

New York is one of the only states that does not have a revaluation requirement, but in 2023, many towns and cities across the state will be doing a revaluation. While New York has historically had some of the highest property taxes in the country, municipalities across the state are experiencing an average of 10 to 15% drops in their assessment ratios across all property types.

Commercial property owners have a limited time to file a property tax appeal with the local assessor, and it can be an extensive process. The appeal deadline is called Grievance Day across the state, and the date falls mostly around the fourth Tuesday in May, with some exceptions.

Upcoming deadlines are as follows:

  • Westchester County Towns: Third Tuesday in June (for the most part). There are a few villages and the cities of White Plains and Yonkers that deviate from this date. Only six towns are assessing at 100% of fair market value. Most of the towns in the county have not reassessed in more than 50+ years.
  • City of Corning, New York: May 2, 2023.
  • Suffolk County, New York: Third Tuesday in May.
  • Most of New York State: Fourth Tuesday in May.

The local experts at Ryan represent a significant number of the largest and highest profile properties across New York and are available to assist owners with tax minimization strategies.

Learn More About Our Local Experts

TECHNICAL INFORMATION CONTACTS:

Steve Thompson
Principal
Ryan
212.871.3901
steve.thompson@ryan.com

Paul Steimle
Director
Ryan
716.998.5300
paul.steimle@ryan.com

The material presented in this communication is intended to provide general information only and should solely be seen as broad guidance and not directed to the particular facts or circumstances of any individual who may read this publication. No liability is accepted for acts or omissions taken in reliance upon the content of this piece. Before taking (or not taking) any action, readers should seek professional advice specific to their situation from Ryan, LLC or other tax professionals. For additional information about this topic, please contact us at info@ryan.com.