The City of Philadelphia School District Challenges 2017 Taxpayer Assessments
In an unprecedented action, the City of Philadelphia School District (the "District") recently filed a number of appeals with Philadelphia's Board of Revision of Taxes, seeking to increase the 2017 real estate tax assessments set for approximately 175 high-profile properties. These market value appeals were filed with the Board of Revision of Taxes on or about October 3, 2016, by counsel representing the District, challenging the assessments of a wide range of properties, including office buildings, apartment buildings, and retail facilities. (Read more)
This article by Peter Kelsen, partner at Blank Rome, is one in a series of articles written for Blank Rome Real Estate's quarterly Foundation newsletter. To view the other articles in the December 2016 edition of Foundation, please click here.