GWFG saves its clients tens of millions of dollars in real property taxes each year. We represent nearly 5,000 properties in New York City and handle real estate tax review issues at every stage of the administrative and judicial processes. Our tax certiorari group also works closely with our transactional and leasing attorneys to advise investors on the real estate tax aspects of prospective purchases and long-term leases.
In addition to seeking adjustments to assessed values, the tax certiorari group works closely with the other transactional teams to advise investors on the tax aspects of prospective purchases. The group also assists owners in claiming J-51, 421(a) and ICAP tax abatement and exemption benefits, and guides not-for-profit and religious organizations in obtaining the proper tax treatment for their real estate holdings. Other law firms and their clients regularly rely on GWFG special expertise in dealing with real estate tax issues.
While the tax certiorari group makes every effort to reach satisfactory settlements with the city, occasionally negotiations fail. In that unusual case, GWFG accomplished litigation team stands ready to assist the tax certiorari attorneys in representing property owners before the courts. Every year the team of attorneys and paralegals brings to bear its broad and deep experience to win hundreds of millions of dollars in reduce assessed values. Their knowledge of the bases of the City's valuations gives them unique insight into the most effective means of negotiating and attacking assessments, and helps their clients save tens of millions of dollars each year in property taxes.
Attorneys to Contact:
Stephen Bordanaro, Partner
Arnold I. Mazel, Partner
Barry E. Zweigbaum, Partner