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A new report from the NYC Tax Commission for fiscal 2017 shows the independent agency received 54,730 applications to review property tax assessments by March 2017. These applications covered 211,034 separately assessed tax lots, having an aggregate assessed value of $223,161,504,033. According to the Tax Commission, this represented an almost 26 percent increase in the number of applications since 2008 and about 98.6 percent of the total 2017/18 tentative taxable assessed value of all city properties in all tax classes.
