New York Lawmakers Seek To End Columbia And NYU Property Tax Exemption, With $327 Million To Be Redistributed Annually To CUNY

New York Times, Columbia and N.Y.U. Would Lose $327 Million in Tax Breaks Under Proposal: State lawmakers will unveil legislation [today] that would eliminate enormous property tax breaks for Columbia University and New York University, which have expanded to become among New York City’s top 10 largest private property owners….