NYC Hits UJAFed With Big Tax Increase

from The New York Post:

‘Nonprofits’ kiss tax breaks goodbye

The city has yanked property-tax exemptions worth $38 million from more than 900 nonprofits that couldn’t prove they deserved the breaks or didn’t bother to respond to a city survey, The Post has learned.

… Other groups about to get shocked with tax bills include scores of small religious institutions … and the United Jewish Appeal, which rents out 91 percent of its Midtown headquarters for commercial purposes. It’s exemption, therefore, was reduced from 100 percent to 9 percent – which the UJA is not disputing.

Update: UJAFederation NY has issued the following statement (June 11, 6:15 pm EDT):

UJA owns and occupies about 55% of the building at 130 East 59th Street; this space is 100% exempt. UJA also owns the commercial office portion of the building, which is about 30% of the total area, and 91% of that space is leased to commercial tenants (UJA uses the remainder). That’s why the exemption has been reduced to 9%. UJA does not own the retail space, which is about 15% of the total area and obviously is 100% taxable. UJA files a report with the city each year; the recent adjustment aligns the exemption with the information in the report.

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