Oppose ANY Increase in Yonkers Real Estate Transfer Tax

ACT NOW - A DECISION TO INCREASE THIS TAX IS EXPECTED SOON

Message

OPPOSE Any Increase in Yonkers Real Estate Transfer Tax

Dear [Decision Maker],

I am writing to oppose the city of Yonkers budget proposal to increase the city's real estate transfer tax. Yonkers is already at a disadvantage when competing to attract new home seekers with the current 1.5 percent transfer tax. Any increase in this transfer tax would have a devastating effect on Yonkers residents and would negatively impact the local housing market and overall city economy.

Yonkers residents pay some of the highest real estate taxes in the country. Any increase in the city's real estate transfer tax on top of the existing state real estate transfer tax is a step in the wrong direction and hurts Yonkers home owners and potential home buyers looking to move here.

For these reasons, I respectfully urge you to reconsider and oppose the city of Yonkers budget proposal to increase the real estate transfer tax.

Sincerely,
[Your Name]
[Your Address]

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