Schroder & Strom, LLP | Real Estate Tax Counsel

(516) 742-7430

Residential

 
Land-Locked Parcel Obtains 80% Reduction in Taxes

Schroder & Strom was retained by the owner of a residentially zoned parcel of unimproved land which had no means of ingress or egress and could not be developed. While another law firm originally commenced a real property tax appeal on behalf of the owners, it did not aggressively pursue the client’s claim of over-assessment. Upon changing counsel to Schroder & Strom, we initially assembled a set of maps to demonstrate to the County that the parcel literally had no access, and therefore, had no development value. Not surprisingly, the County still refused to address the legal and practical limitations to the development of the parcel. We scheduled the case for trial, after which the County finally agreed that the parcel could not be developed. Assessments for our client were reduced by 53% to 80% in successful settlement of the appeal.