NYC DOF FY2027 Final Assessment Roll

Who Doesn't Pay

Of NYC's $536.1B in citywide , $176.9B33.0% — is fully .

Citywide exempt value
$176.9B
33.0% of assessed value
Gov't + nonprofit exempt share
49.1%
27,187 lots
Private-aggregate exempt share
19.0%
Includes co-op/condo & 421-a/J-51 abatements
#1 exempt-value owner
$16.9B

Exempt vs. taxable value by borough

Share of value exempt, by tax class

Class 1/2/3/4 headline classes

Share of value exempt, by owner entity type

Government and nonprofit entity types run near-total exemption; private entity types carry partial abatements only

Government & nonprofit

27,187 lots hold $213.0B in market value — 49.1% of it is exempt. This bucket includes parks, schools, hospitals, universities, and religious institutions.

Private aggregate

1,140,775 lots hold $1.7T in market value — only 19.0% is exempt, almost entirely from co-op/condo abatements and construction incentives like 421-a and J-51.

Top 20 exempt entity owners

Ranked by total exempt value. Entity owners only — no individual is ever named or ranked on this site (see privacy rule in data/analytics/README.md).

Top 20 exempt entity owners

TypeGovernment
Lots5,053
Exempt value$16,910,283,915
Market value$39,401,001,518
% exempt43%
TypeGovernment
Lots1,225
Exempt value$12,446,418,124
Market value$27,748,007,915
% exempt45%
TypeGovernment
Lots2,445
Exempt value$11,071,472,038
Market value$26,824,327,991
% exempt41%
TypeGovernment
Lots129
Exempt value$9,208,859,413
Market value$20,473,327,392
% exempt45%
TypeGovernment
Lots801
Exempt value$6,194,728,532
Market value$13,880,001,324
% exempt45%
TypeGovernment
Lots1,996
Exempt value$2,718,023,085
Market value$6,888,345,364
% exempt39%
TypeGovernment
Lots123
Exempt value$2,591,755,775
Market value$5,862,518,477
% exempt44%
TypeGovernment
Lots47
Exempt value$2,282,022,826
Market value$5,201,359,785
% exempt44%
TypeGovernment
Lots87
Exempt value$1,921,548,105
Market value$4,280,831,029
% exempt45%
TypeGovernment
Lots1,282
Exempt value$1,203,387,856
Market value$2,801,628,357
% exempt43%
TypeGovernment
Lots2,400
Exempt value$1,007,746,012
Market value$2,264,279,014
% exempt45%
TypeGovernment
Lots119
Exempt value$752,611,021
Market value$1,680,384,900
% exempt45%
TypeGovernment
Lots222
Exempt value$617,432,972
Market value$1,378,328,870
% exempt45%
OwnerRIVERBAY CORP
TypeHousing company
Lots14
Exempt value$403,310,910
Market value$913,156,000
% exempt44%
TypeGovernment
Lots1,262
Exempt value$402,221,831
Market value$1,084,942,721
% exempt37%
TypeGovernment
Lots198
Exempt value$386,337,266
Market value$1,024,941,307
% exempt38%
TypeGovernment
Lots1,252
Exempt value$346,537,446
Market value$872,294,386
% exempt40%
OwnerS K I REALTY INC
TypeCorporation
Lots232
Exempt value$329,109,912
Market value$733,112,926
% exempt45%
OwnerST JOHN S UNIVERSITY
TypeNonprofit/Institution
Lots18
Exempt value$311,505,930
Market value$707,396,000
% exempt44%
TypeGovernment
Lots267
Exempt value$298,949,538
Market value$665,982,640
% exempt45%

Top-owner list restricted to rows with a non-null owner_group_id — by construction (OWNER_CONSOLIDATION_METHODOLOGY.md) this is never assigned to Individual or Unknown/Other owners, so it's entity-only. No individual names anywhere in this file.