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On Jan. 15, the NYC Department of Finance (DOF) announced the publication of the tentative property tax assessment roll for Fiscal Year 2022 (FY22). The tax assessment roll set the tentative values for all New York City properties. The FY22 tentative assessment roll shows the total market value of all New York City properties is $1.298 trillion, a 5.2 percent decrease from Fiscal Year 2021.