Folks,
I'm sure you guys have received your tax bill by now and notice a big increase in your tax bill. The city council had approved a big increase this year for class 1 property homes (1, 2, 3 family homes).
http://www.nyc.gov/html/dof/html/property/property_rates_rates.shtml
http://council.nyc.gov/html/budget/PDFs/FY12%20Adjusted%20Base%20Proportion%2011-3-11.PDF
if you see the tax rate from the chart, it's outrageous, also they are doing it in a bad economic time with depressing home prices and foreclosures. This really shows how the city council and mayor is out of touch with the "normal" new yorker.
tag this along with the tax increase for my R2 to R2A zoning changed, i'm looking at a tax bill increase of more than 10%+