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

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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