These buildings paid the highest property taxes in 2016

May 25, 2017

Ben Franklin is often attributed as saying only two things are certain in life: death and taxes. While this quote rings true, it can be assumed Franklin didn’t predict some entities would be handed a tax bill of $71 million for property taxes alone, but that is exactly what Manhattan’s GM Building faced in 2016.

According to research conducted by COMMERCIALCafé, the GM Building had the highest property taxes in the country in 2016. Of the top 10 properties with the highest taxes, nine were associated with office buildings, but it is a residential community that takes the second spot on the list.

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