Better to unload them now Boomers. The 35 and under generations are not going to have anything to do with this type of housing.
Wait till you have two kids and are looking for a safe neighborhood with good schools. That's what built these suburbs, and that's what keeps them alive (and expensive).
2
NY State property taxes are directly responsible for many people leaving the wonderful state. Friends recently sold their modest home in Rochester for something out of state where the property taxes were ⅓ ($9,000 vs $3500). Without children to benefit from the schools, whats the point? I love NY city and NY state, but property taxes make it difficult, if not impossible, to live there.
3
The taxes on these homes are more than my taxes and mortgage payments for 12 months.
1
does it come with a key for gramercy park ?
1
Nope. Only houses/apartment that border GP get a key.
1
Why are the property taxes so high ??
5
In New York state, counties have partial responsibility for Medicaid.
NY area teachers and cops make over 100k total compensation, and retire fairly young, and get very high pensions.