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Greenburgh Sends Out New Assessed Values Of Property

Greenburgh Supervisor Feiner alerts residents that they will be receiving the town's reassessment on their property beginning this week.
Greenburgh Supervisor Feiner alerts residents that they will be receiving the town's reassessment on their property beginning this week. Photo Credit: File

GREENBURGH, N.Y. -- Beginnign this week, Greenburgh property owners will receive a letter with the new assessed values of their property.

"This is the first time since 1956 that the city has conducted a city-wide reassessment," said Greenburgh Town Supervisor Paul Feiner. "The goal is for people to pay their fair share of taxes. At the present time two homeowners, living next door to each other, could be paying thousands of dollars more or less in property taxes even though their homes were built by the same developer and their homes are similar. Not fair."

Over the years, the town has been issuing as much as $10 million in refunds per year in and court and claims proceedings. That money comes from resident's property taxes. If a commercial property owner- for example – files a court claim and receives a refund of $1,000,000 the town, school district, county and fire district have to find other means to make up this shortfall: eliminating programs or increasing taxes, he said.

"Until the state legislature changes the real property tax law we will never totally eliminate these proceedings but by doing a reassessment, we will surely mitigate the dollar refunds we have been experiencing," he added.

Reassessment will result in more stability and predictability. Town, fire district and school officials will have a better idea how much revenue is received annually.

Your tax assessment will show your old and new assessed values, along with your 2015 property taxes and what your 2015 taxes would have been if the new assessments were in place. If you feel your assessment represents the market value of your home as of July 1, 2015, there is nothing for you to do.

However, if you feel your assessment does not represent the market value as of the date above, you will be able to make an appointment with the company who conducted the assessment to discuss their findings.

Residents can contact Feiner at 914-989-1545.

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