New York City tax lien sale

GPTKB entity

Statements (55)
Predicate Object
gptkbp:instance_of gptkb:tax_policy
gptkbp:allows investors to purchase tax liens
gptkbp:can_lead_to community displacement
redemption by property owners
gptkbp:can_result_in foreclosure of properties
profit for investors
gptkbp:conducted gptkb:New_York_City_Department_of_Finance
every year
in various boroughs
through auctions.
gptkbp:has_impact_on property values
gptkbp:held_in in the fall
https://www.w3.org/2000/01/rdf-schema#label New York City tax lien sale
gptkbp:involves multiple properties
bidding process
gptkbp:is_advertised in local newspapers
gptkbp:is_affected_by economic conditions
changes in tax law
gptkbp:is_analyzed_in financial analysts
gptkbp:is_available_in individuals and corporations
gptkbp:is_challenged_by in court
advocacy groups
gptkbp:is_considered a last resort for tax collection
gptkbp:is_criticized_for yes
lack of transparency
high interest rates on liens
gptkbp:is_discussed_in community meetings
gptkbp:is_documented_in in public records
gptkbp:is_facilitated_by online platforms
gptkbp:is_influenced_by political factors
gptkbp:is_linked_to gentrification issues
property tax reform discussions
gptkbp:is_monitored_by gptkb:New_York_City_Comptroller
gptkbp:is_open_to registered bidders
gptkbp:is_part_of New York City tax collection process
New York City's financial management system
debt recovery efforts
municipal finance strategy
gptkbp:is_promoted_by real estate firms
a way to invest in real estate
gptkbp:is_related_to real estate investment
gptkbp:is_subject_to state regulations
New York City laws
gptkbp:is_utilized_by gptkb:local_government
gptkbp:occurs_annually yes
gptkbp:open_to_public yes
gptkbp:provides interest on unpaid taxes
gptkbp:purpose collect unpaid property taxes
gptkbp:reported_by to the public
by local news outlets
gptkbp:requires registration to bid
notification to property owners
gptkbp:bfsParent gptkb:New_York_City_Department_of_Finance
gptkb:The_New_York_City_Department_of_Finance
gptkbp:bfsLayer 5