Let us help lower your commercial property taxes.
Commercial Tax Reduction
Since 2000, local and national businesses have received significant tax reductions with the help and guidance of the attorneys at Schroder & Strom. The firm has successfully resolved appeals for all types and sizes of commercial real estate, from small manufacturing facilities and retail stores, to large shopping centers, industrial facilities, car dealerships, hotels, and apartment buildings.
Schroder & Strom is one of the few firms in New York that handles real estate tax appeals throughout the State, including New York City, in addition to handling residential appeals.
Well-versed in valuation issues and current judicial decisions, the firm uses every available resource to establish the lowest credible value during administrative and judicial review. We take a team approach to prepare for negotiations – collaborating daily, reviewing, and comparing every possible argument that can be made to achieve lower taxes.
Effective representation requires that our attorneys explore each factor and all of the building conditions that can support lower taxes. We’re accustomed to inspecting our clients’ properties and meeting on-site to consider every feasible valuation issue that can be presented to lower taxes.
Schroder & Strom maintains a continuing dialogue with our clients about their commercial properties. We fastidiously review annual rent rolls and leasing activities, as well as financial statements to establish trends and highlight problems. Difficulties in collecting rent, escalations, and common area charges affect cash flow and ultimately value. We review on-site parking requirements and availability, building code compliance issues, non-conforming uses, deferred maintenance, and environmental factors. All of these factors needs to be presented to the municipality to prevail in real property tax cases.