From left to right: Valerie Robinson, Chair, Corporate & Tax Group, City of Philadelphia Law Department; David Schneider, Partner, Archer; Drew Aldinger, Senior Attorney and Counsel, City of Philadelphia Office of Property Assessment; James Zwolak, Divisional Deputy City Solicitor, City of Philadelphia Law Department; Christine Bak, Senior Attorney, Corporate & Tax Group, City of Philadelphia Law Department.
David Schneider, a Partner in Archer’s Real Estate Tax Appeal Group, recently presented the program, “Philadelphia Real Estate Tax Assessments 101” to the City of Philadelphia Law Department. Drew E. Aldinger, Senior Attorney and Counsel to the City of Philadelphia Office of Property Assessment, presented along with Mr. Schneider.
The presentation addressed hot button real estate assessment topics in Philadelphia, including the reassessment process and its impact on various property types, real estate tax exemptions, and tax abatements and PILOT programs. The presentation also addressed issues of uniformity and non-discrimination in real estate assessment and taxation, real estate tax appeal law and procedures, and school district reverse appeals.
The School District of Philadelphia took approximately 149 “reverse” appeals challenging the tax year 2017 assessments of approximately 149 commercial properties. Most of these appeals are pending in the Court of Common Pleas of Philadelphia County. The Philadelphia Office of Property Assessment is currently implementing a 2018 reassessment of 65,000 commercial, industrial and institutional properties in Philadelphia. It expects the reassessment to result in additional taxes of approximately $118 million.
The 2017 reverse appeals and 2018 reassessment could significantly impact property taxes. Taxpayers in Philadelphia should evaluate the potential tax increase or reduction, and take the necessary steps to protect their rights to uniformity in assessment, and equality and fairness in taxation.
Mr. Schneider handles valuation related litigation, including complex commercial and industrial tax appeals in Pennsylvania, New Jersey and throughout the East Coast region. Additionally, he advises clients regarding potential real estate tax liability for property being considered for purchase and/or development. He is also a Pennsylvania State Certified General Real Estate Appraiser.
Archer & Greiner, P.C. is a full-service regional law firm with more than 175 lawyers and eight offices in Haddonfield, Hackensack, Princeton, Flemington and Red Bank, N.J.; Philadelphia, Pa.; New York, N.Y.; and Wilmington, Del. The firm has been serving Fortune 100 clients, small to medium-sized businesses and individuals for 85 years. Each office provides full-service litigation and transactional capabilities in nearly every area of law, including corporate, estate & trust, family & matrimonial, labor & employment, litigation, medical & personal injury, and real estate services. For more information, visit www.archerlaw.com.