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Updated over 11 years ago on . Most recent reply

How does tax abatement affect property values?
How does tax abatement affect a property's value? I'm looking at an apartment in Brooklyn, New York with a tax abatement for 15 years so will that force me to overpay for the property because it has a tax abatement and once the tax abatement is up, will the property's value go down? How does it work?