Goldman Sachs's "Backdoor Subsidy"

Goldman Sachs knows how to manipulate the system:

Goldman Sachs HQ Is Worth $176 Million Less Now Than It Was Last Year
By Adam Pincus, The Real Deal - Business Insider

In the eyes of city assessors, the so-called market value of Goldman Sachs’ headquarters in Battery Park City has dropped by $176 million, or 26.7 percent, to $511.7 million — the sharpest reduction of any Manhattan office building this year. (See chart above.)

The market value is one of the numbers the city Department of Finance uses to calculate an owner’s annual property tax bill. It is generally only a fraction of what the building would sell for on the open market.

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