DOF Publishes FY 2021 Tentative Assessment Roll

On Jan. 15, the NYC Department of Finance (DOF) announced the publication of the tentative property assessment roll for fiscal year (FY) 2021, which shows the total market value of all NYC properties for the upcoming year at about $1.378 trillion, an increase of $62 billion, or 4.7 percent from the 2020 fiscal year. According to the DOF, citywide assessed values rose by 6.7 percent, to $273.8 billion in FY 2021.

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