FDG Properties Tax Assessment Case Settled
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Description
The Town of Rotterdam approved a stipulation of settlement with FDG Properties LLC in an Article 7 tax certiorari case, reducing the 2025 assessment of 1½ Cimino Lane from $677,800 to $457,600. The Town’s tax attorney is authorized to execute the settlement under RPTL 727.
Contract Details
Vendor
FDG PROPERTIES LLC
Agency
Rotterdam Junction Volunteer Fire Department (Rotterdam Fire District #1), NY
Contract Type
LEGAL
Document Date
April 22, 2026
Contract Term
Tax year 2025 assessment, subject to RPTL 727 terms
Renewal Info
RPTL 727 will apply to the 2025 tax roll assessed value established in the settlement, limiting assessment changes for subsequent years per statute.
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Issuing Agency
Fire District
Rotterdam Junction, NY
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