Davis Rings the Gong to Tune of $2.4 million Assessment Reduction for Scarsdale Residence

Stephen Davis, New York Tax Certiorari

Stephen Davis, who head our Tax Certiorari & Condemnation group, successfully reduced the tax assessment for a client in a Small Claims Assessment Review (SCAR) proceeding. Here, on behalf of the owners of one of the highest valued one-family residences in Scarsdale, Steve tried the SCAR proceeding, successfully contesting the Assessor’s assertion of a $9,679,700 value. SCAR limits assessment reduction to 25% of the contested assessed value. Steve achieved the maximum permitted reduction, with the Court Hearing Officer rejected the Town’s assertion of greatly added value attributed to the basketball half-court located in the basement. He did so, perhaps on the basis of Steve’s observation at trial of the court’s suitability for no more than free-throws and lay-ups.