October 5, 2006
Property tax data cited in NY Daily News
City misses top tax list
Manhattan doesn't even crack the top 50, placing 62nd out of the 775 largest counties in the nation, according to the survey by the Washington-based Tax Foundation. The other four boroughs don't crack the top 150.
Not that the city is cheap, experts were quick to add.
Residential property taxes in the city may be comparatively low, they noted, but that's only because the city has its own personal income tax and higher-than-average commercial real estate taxes on office and rental buildings.
