The Real Deal New York

Malliotakis says she’ll freeze property taxes if elected

Republican mayoral candidate would also impose cap of 2% or less for rest of term
November 06, 2017 04:40PM

Nicole Malliotakis (Credit: Nicole Malliotakis for mayor)

Property taxes will stay right where they are if Nicole Malliotakis wins the 2017 mayoral election.

The Staten Island Assembly member promised on Monday that she would freeze property taxes if elected during her first year and then put a 2 percent or less cap on them during the rest of her term, according to the New York Post.

The city has not increased the property tax rate under Mayor Bill de Blasio, but it has collected additional funds from the tax every year while assessments go up. The mayor said in 2014 that property tax reform was a priority for his administration but backtracked over the summer, saying he now planned to focus on it during his second term if reelected.

Malliotakis has previously attacked de Blasio for mismanaging NYCHA, which she called the city’s “biggest slumlord.” She became the leading GOP candidate and nominee after real estate executive Paul Massey dropped out of the race this summer  but is widely seen as a long shot to defeat de Blasio in the upcoming election. [NYP] Eddie Small