New York's REALTORS praise tax cap law as key step to housing recovery
Statement from New York State Association of REALTORS CEO Duncan R. MacKenzie
Albany – June 25, 2011 – Today, a great victory has been won for New York State’s long suffering property taxpayers. Governor Cuomo, Majority Leader Skelos, Speaker Silver and the lawmakers who voted for the cap deserve kudos for standing up to the tax-and-spend forces that made this common-sense approach a political football. Tough times require tough decisions and Albany has delivered. This is also a significant win for the REALTOR organization. Residential property owners have no organized voice in Albany, so the 51,000 members of the New York State Association of REALTORS took up the cause and used every resource at its disposal to make the cap a reality.
New York’s REALTORS also praise lawmakers for including mandate relief opportunities as part of the cap effort. We have consistently said that the ultimate success of the tax cap will be tied to finding ways to help municipalities and school districts achieve savings from programs that have been passed down to them from Albany.
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Editor’s Note: The New York State Association of REALTORS is a not-for-profit trade organization representing more than 51,000 of New York state’s real estate professionals. The term REALTOR is a registered trademark, which identifies real estate professionals who subscribe to a strict code of ethics as members of the National Association of REALTORS. These REALTORS are also members of the New York State Association of REALTORS as well as their local board or association of REALTORS.
