From a day care center that owes the city $14 million to the Qatari prince who stopped paying his taxes for good reason (he was deceased), there are hundreds of property owners who need to pony up their New York City property taxes by May 12 or else face the city’s annual tax lien sale.
There are 635 Manhattan properties currently on the city’s 10-day lien sale list; many of those end up on the list due to database quirks that factor in overdue water bills or fail to account for rental buildings that have been converted to condos.
The largest tax scofflaw is a Brooklyn day care center at 5 Quincy Street in Clinton Hill, according to the New York Post. The property’s tax bill has swollen from $9.9 million in 2014 to around $14 million.
There is also the case of the late Sheikh Saud Al-Thani, who passed away in November 2014 but whose $12 million apartment at the Trump Organization’s Mayfair building, at 610 Park Avenue, owes more than $345,000.
Other properties on the lien sale list include the Merchant House condo building at 31 North Moore Street in Tribeca, which owes more than $41,000 for water, and the massive Co-op City apartment complex in the Bronx, which reportedly owes the city a $587,000 bill for its very own power plant. [NYP] – Rey Mashayekhi