Department Store Property Tax Reduction in Amherst, NY

Our firm secured a major reduction for a national department store located in a regional mall in Amherst, NY, lowering the assessed value from $8,552,727 to $3,189,560. Retail anchor properties require a detailed understanding of market positioning, lease structure, and surrounding economic conditions. Through strategic negotiation and valuation analysis, we demonstrated that the original assessment did not reflect current market realities. The resulting settlement delivered substantial tax savings and improved financial outcomes for the client.