Rental Townhome Community Tax Reduction in Chili, NY

For a rental townhome project in Chili, NY, our firm reduced the assessed value from $17,159,200 to $9,900,000. Unlike many cases, this result was achieved through the Board of Assessment Review without the need for litigation. By analyzing rental income, market trends, and comparable properties, we demonstrated that the original valuation was overstated. This approach allowed us to secure a substantial reduction efficiently, resulting in meaningful tax savings while avoiding the time and cost of court proceedings.