Sunday, February 10, 2008
These are high taxes!
And speaking of high property taxes, a recent article in the New York Times revealed the name of the man who pays the most in property taxes in New York City. He is David Martinez, a financier and art collector who was born in Mexico. He owns an apartment in the south tower of the Time Warner Center. Apartment doesn't really describe it, though. He paid $54.3 million for 16,3000 square feet in two penthouses, then combined them. He will pay the city $442,000 in property taxes this year.
Billionaire Ronald Perelman's townhouse on East 63rd street is valued at $37.5 million. It is the highest taxed single family home in the city. He is expected to pay $213,000 in property taxes this year. Ouch!
Billionaire Ronald Perelman's townhouse on East 63rd street is valued at $37.5 million. It is the highest taxed single family home in the city. He is expected to pay $213,000 in property taxes this year. Ouch!
