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Landlords catering to NYC hipsters get tax break at expense of struggling minorities — despite court order: advocates

Summary by cybernistas.com
The city is giving a break to landlords who house hipsters in trendy white neighborhoods — at the expense of struggling minorities — despite a court order to nix the inequity, a housing group says. Landlords in the city’s wealthier areas and hipster havens are still getting away with paying less than their fair share of taxes because the Big Apple is dragging its feet when it comes to overhauling its tax assessment ratio, a formula that helps de…
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cybernistas.com broke the news in on Monday, January 27, 2025.
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