The Real Deal New York

Robert De Niro goes to the ropes with Hudson Valley town

Actor isn't backing down in fight over property tax bill

November 04, 2014 03:20PM

From left: Robert De Niro and Gardiner, N.Y.

From left: Robert De Niro and Gardiner, N.Y.

The raging bull is going the distance with a Hudson Valley town looking to raise his real estate taxes.

Robert De Niro has found himself in an extended legal battle with Gardiner, N.Y., where he owns a 78-acre property.

The conflict centers on De Niro’s tax bill on the property in the small farming community. The conflict is ongoing and neither the town nor the trust — Riverside Trust is the entity that owns the property — are backing down.

Riverside Trust bought the property in 1997 for $1.5 million. The purchase included an 18th-century farmhouse with two additions that included a total of six bedrooms, seven bathrooms and 2,700 feet of frontage overlooking the river, according to the New York Times. Over time, the trust added 20 acres to the property, the newspaper reported, and constructed a recreation center that includes a game room, a gym, a basketball court and more. Court papers have described it as a town within a town, the newspaper reported. The trust challenged the $6 million property assessment in 2010.

The trust valued the property at $4 million, the newspaper reported. The town actually argued that the original assessment had been too low and valued the estate at closer to $9 million.

Currently, taxes on the property are $170,000 per year, based on the $6 million assessment. If the trust wins the case, that bill would be reduced by $57,000. [NYT] — Claire Moses

  • Leonard Steinberg

    The real estate tax system Upstate is a huge problem. I personally experienced a 3 year ordeal to get my real estate taxes reduced. The WELCOME STRANGER policy had made my tax bill more than double that of my neighbors…..just because. Real estate taxes are completely out of whack Upstate and are a root problem as to why the area is so disadvantaged growth-wise.

    • Timothy Reilly

      your comments have been well thought out and is a refreshing change from what is normally posted here!

    • ralphpetrillo

      On a positive note, those taxes help pay for police, teachers, firemen, sanitation services, and lawyers that these small places have to hire to fight lawsuits. So many that complain of taxes should of just rented.

      • Bullied and Damaged by Rent Re

        on the negative side, that tax is an attack on already beleagured “greedy slumlord” like my mother

  • YouTalkinToMe

    HE’S NOT PAYING HIS FAIR SHARE!!!! OUTRAGE!!!!

  • DanCon

    deNIro is a nasty SOB.

    He has had problems with the town of Montauk, where he owns/owned property; he went ahead and tried to do an end run around the zoning, which led to legal wrangling.

    He has had problems in TriBeCa with his neighbors there as well, (not to mention the Landmarks Commission,)

    The arrogant SOB even tried to trademark the name “TriBeCa”.

    I heard that he got into a fight with a new postman, a Chinese-American, demanding he bring the mail personally to his top floor apartment on Hudson Street, and not place it in the mailbox like what happens to the rest of people’s mail.
    One word led to another, deNiro got physical, but the postman knew some marital arts. You know who won that fight.

  • ralphpetrillo

    kind of funny. For he is worth over $300 million. Raging Bull.

  • Hugh Jazzole’

    The real victims of the way they figure property taxes are the low /middle income homeowners that cant afford to pay high priced assessors & Liars to lie for them. From the description he put several millon into that property & expects to get a discounted rate becuase of his wealth.Maybe people should just steal copies of his movies since he figures only self interest should rule the day.

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