Parts I, II and III of this series assessed some of the overall changes in Citywide taxable property valuations in Hudson, and then presented examples of unusual increases and decreases for specific properties. Here in Part IV, we turn to what has happened to various neighborhoods and classes of owners.
The first two charts show the change in assessments of taxable properties in terms of where the property owner receives their tax bill, over two periods: during the past year (2009 to 2010) and the past decade (1999 to 2010):
The figures pretty much speak for themselves, and the conclusion is obvious: If you own a Hudson property and get your tax bill in Manhattan, Brooklyn, the Bronx or Queens, you most likely got your assessment raised much more than those who get their tax bill in Hudson or elsewhere.
The next charts list changes in the total taxable assessed value of various Hudson streets:
2009–2010
1999–2010
Again, the numbers pretty much speak for themselves. Over both the past year and the past decade, if you owned property on Warren or the “south side” of Hudson, your property assessment almost certainly increased faster than the rest of the City. If you own on the Boulevards and other parts north of Oakdale, your assessments also rose, but well below the City average.
Note that the charts above include one special example. The numbers for Columbia Street are broken out both as a whole and with two major property acquisitions excluded (Club Helsinki and the Marina Abramovicz museum in the former Community Tennis building). This example is offered to show how the numbers for a given street may vary or be influenced by even a handful of changes.
Some conclusions will follow in the final installment of this series, Part V, coming soon.