Carmel and Big Apple settle on property tax assessments

CARMEL – The Carmel Town Board and the City of New York have agreed on a settlement involving property tax assessments on city-owned lands in the greater Carmel-Mahopac area.

The lawsuits centered on challenges to assess properties owned by the Big Apple as part of its watershed system, which supplies drinking water to millions of residents in Putnam, northern Westchester and New York City.

The Town of Carmel lies within the Croton watershed, part of New York City’s water supply system. The watershed includes portions of five Putnam County towns: Carmel, Kent, Patterson, Putnam Valley and Southeast…

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