Mayor Michael Bloomberg announces $90 million in property tax reductions for Sandy victims

Mayor Michael Bloomberg and the city's finance commissioner have announced $90 million in property tax reductions for Sandy victims, including a $72 million in loans

Eligible neighborhoods include Red Hook, Coney Island, Gerritsen Beach and Canarsie.

Eligible neighborhoods include Red Hook, Coney Island, Gerritsen Beach and Canarsie. (5/28/13)

BROOKLYN - Mayor Michael Bloomberg and the city's finance commissioner have announced $90 million in property tax reductions for Sandy victims, including $72 million in loans and grants to help businesses rebuild.

The mayor also announced property reassessments for 88,000 Sandy-damaged buildings for homeowners and businesses.

Eligible neighborhoods include Red Hook, Coney Island, Gerritsen Beach and Canarsie.
 

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