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NYC PA LETITIA JAMES, LSNYC, AND MINKWON TAKE ACTION AFTER ELDERLY, DISABLED NYERS LOSE...

Public Advocate Letitia James and eight elderly and disabled tenants represented by Legal Services NYC and MinKwon Center for Community Action have filed a federal lawsuit against the New York City Department of Finance (“DOF”), DOF Commissioner Jacques Jiha, and the City of New York. The individual plaintiffs are widows and adult disabled children whose rent subsidies were revoked after their spouses or parents died, causing them to be at immediate risk of eviction and homelessness.

Thompson: Law Limits City Revenue Potential In Property Tax Benefit Program

New York, NY - May 24, 2009 - (RealEstateRama) — New York City Comptroller William C. Thompson, Jr. today said ambiguity in State law has allowed millions of dollars to slip through the City’s fingers because of a methodology that allows properties to be assessed well after their renovations – when their values are higher.