OPENPUBLICA · PUBLIC MEETING RECORD
Record of Proceedings

Syracuse City Board of Assessment Review Meeting - February 9, 2026

Public MeetingsMonday, February 9, 2026
BodySyracuse, New York
SessionPublic Meetings
DateMonday, February 9, 2026
StatusFILED
Video Record

STREAMING COPY IN PREPARATION — RECORDING AVAILABLE FROM THE ORIGINAL SOURCE

Transcript — Verbatim
43:37

City Board of Assessment Review.

43:39

Today is uh Monday, February ninth.

43:43

And um just want to remind everybody that uh the uh meetings are uh can be viewed live on YouTube and also you can go back and uh watch the recording of it as well.

44:01

Um with that, let me just do uh roll call.

44:06

Uh, my name is Joe Saya.

44:17

Uh and uh we've got our first uh petitioner.

44:22

Yeah, if you want to do you want to come up.

44:25

Okay.

44:50

State your name for the record.

44:52

And Gallagher.

44:54

Do you both affirm to tell the truth and give accurate information to the best of your ability?

44:59

Yes.

44:59

I do.

45:00

I do.

45:00

Okay, very good.

45:01

Okay, so again, um we've got 104 coffee drive.

45:07

And let me just read in some information and then uh we'll go from there.

45:12

We got the petition uh here.

45:14

Um this is a one-bedroom house.

45:18

Let me just get a little information.

45:22

Uh current tentative assessed value, $56,000.

45:30

Um a big deal.

45:35

We don't have land value on here.

45:37

Does anybody have that?

45:38

I do not do not have land, okay.

45:42

Uh actually, to tell you the truth, there is no land values at all.

45:54

Yeah, yeah.

45:56

That would be uh, yeah, that would be good.

45:58

Uh okay, very good.

46:00

Um so we'll come back to that.

46:04

Um there would be a full market value of 107 6 107 692 based on the uh $56,000 uh tentative assessment.

46:26

Uh petitioner believes the assessed value uh should be $15,600 uh based on a $30,000 uh full value full market value.

46:38

Uh let me just see if I can pick anything off here.

46:42

Um over ten years ago it was purchased for ten thousand dollars.

46:48

Um that's about it for the most part as far as what we have there, and so this is uh probably a rental for you, and so you bought it about ten years ago.

47:02

Um major improvements?

47:06

None at all.

47:08

Okay, uh they haven't updated the kitchen or the bath, did uh put a little fence around it other than that.

47:14

Okay, and so it you it's rented with uh just some particulars on there.

47:19

Six and a quarter, six and a quarter, and then I assume they pay their own utilities.

47:25

Okay, so six and a quarter, but it's a one-bedroom uh uh uh living room.

47:35

Um when you come in is a kitchen, in the living room, and then the bedroom in the bath square footage.

47:45

I don't even think it's over six hundred square feet.

47:48

Okay.

47:48

Yeah, we yeah, we have five sixty-eight.

47:50

Five sixty eight real tiny place.

47:53

Okay, the street is like a driveway.

47:56

Coffee is like a driveway, and then you got my house on the right and another house on the left.

48:01

Okay.

48:02

Um was this uh uh reassessed.

48:04

So I believe, Mr.

48:06

Did you speak with uh Matt OJ about this prior to I think like a year or two ago?

48:12

Yeah, so I believe Matt was going to this is under review.

48:16

I think um we do acknowledge it's very small.

48:19

Um I do have a sale for 106 uh on Morgan.

48:26

It is a little bit bigger, so I think we will have a recommendation once the commissioner because the commissioner's uh familiar.

48:34

I wasn't sure what kind of rent you were getting, but I think we will probably may have um uh a recommendation for the board because Matt mentioned it.

48:43

So I think uh he's he's a w aware of this because I believe he spoke to Mr.

48:49

Talbert prior, well a year ago or so.

48:51

So I think we've got does anybody have any questions?

48:58

Some comments again, all of those comparables are they are bigger, so probably bigger, and then also I wonder if the street is comparable based on what you're saying.

49:10

Um that uh it's kind of like a uh uh smaller road or or driveway, if you will, like you're saying.

49:19

Uh okay.

49:20

That sounds good.

49:21

Um so I think Matt was gonna be here this morning.

49:24

Yes, he's he has the we have a couple people down with the flu.

49:27

So okay, all right, all right.

49:29

So fair enough.

49:30

So um, so he can't speak to it today.

49:33

Um but uh um so it sounds like Ann's gonna confer with him, and then you'll get back to us on uh um uh recommendation, and then we'll kind of take everything that you said into consideration.

49:48

Okay, all right, and then the city will send a notice uh uh first week of April.

49:53

Okay, the day translates.

49:56

They won't they will.

50:00

Vitamin C.

50:07

I don't know.

50:16

Oh really?

50:17

Yeah.

50:20

What's that, Bill?

50:22

What's that?

50:22

He said he was hit by a taxi cab in Aruba.

50:25

Oh, I didn't hear what he said.

50:26

Yeah.

50:27

Wow.

50:28

Three years ago.

50:30

Oh it gets a little crazy driving there, yeah.

50:35

Rotaries all over the place.

50:43

But we uh oh okay, 9 30.

50:50

I didn't look at that.

50:51

Second the gentleman that was next rescheduled this morning.

50:54

His car wouldn't stop, so you know.

51:00

Sure.

51:01

Happened to my daughter's car a couple times.

51:04

It's like again.

51:07

I even got her one of the portable batteries and she still doesn't know how to use it.

51:25

Now for turning, I couldn't.

51:27

I it it only automatically once.

51:31

So I was out of luck this morning.

51:33

I had to go out to a cold, cold car.

51:37

Why would it only automatic stern?

51:40

Period.

51:41

Like I did it yesterday.

51:42

I started it just to have it running for a little while.

51:45

I wasn't even out there.

51:46

Thank you.

51:47

And then it shut off.

51:48

Okay.

51:48

But now if you go to try it again.

51:52

Right.

51:52

Well you have to switch it out and drive the car that restarts it.

51:57

Okay.

51:57

It'll only auto-start one time.

52:01

Thank you, thank you.

52:02

That's not good luck because my uh daughter's car, I could restart it like as many times as I wanted.

52:08

Because it would kick off after 15 minutes, and I just do it again and keep it going.

52:15

Well, and my last car too did the same thing.

52:18

So I don't know if maybe it's because they realized our batteries are probably dying or something, and they didn't want to deal with it.

52:26

Because if you don't drive it, the batteries is not gonna get recharged as much.

52:30

Right, right.

52:31

Um I am going to run over here.

52:39

Sure.

52:41

Good, thank you.

52:42

Is this different than what it's got the land value on there?

52:46

Oh, oh, thanks.

52:48

We're not gonna say, you know, anything about the the lack of pr uh lack of preparedness this morning.

52:55

Um I think Meg was gonna say something, but I figured, you know, I'll I'll just chime in.

53:17

Even though I brought you coffee.

53:19

I was just gonna say, don't mess up the coffee deal.

53:22

That's right.

53:24

I'm gonna have to start charging.

53:30

Still remember my grandmother's how she had one of the old turning uh grinders in her kitchen for the coffee.

53:36

So she'd buy a whole bean and we'd just be grinding in there in the kitchen.

53:40

Yep, absolutely.

53:46

Put 8100 in for the land value on sheet here, just an FYI.

53:54

I think what I'm gonna do is rid of this.

54:19

So now if you actually were using that gen AI they had on Super Bowl commercial, you could just reprint the sheet and add in land value, and it would print it.

54:34

I did like the one with uh Chris Huntsbars.

54:39

Yeah, yeah, that was that was funny one.

54:41

Yeah, yeah.

54:44

I always liked the uh Budweiser uh like that one where the spice out.

54:51

That was great.

54:54

I actually missed that.

54:55

Oh yeah, that was really cool with the bird, the eagle.

55:02

But no, overall, I mean we said it earlier, midway through the Super Bowl, nothing crazy as far as the commercials were concerned.

55:14

I actually had one of the Clydesdale at the stadium with an equal mount there.

55:20

Yeah.

55:21

I I I wasn't sure, but I assumed it was at the stadium.

55:25

It looked like it.

55:26

Yeah, it definitely looked like the stadium.

55:31

They weren't affected by the substation.

56:05

Uh see Fort McCong, Alabama, Port Texas, Port Bliss, Texas, or Linewood, Missouri, West Point, Washington, DC twice, um, Maxwell Air Force Base in Alabama, um another Air Force base in Sumter, South Carolina.

56:30

Hawaii.

56:31

Wasn't Hawaii.

56:34

And then Czech Republic.

56:38

Over how many years were you?

56:39

30.

56:40

30.

56:40

Wow.

56:42

Averaged about two uh move every two years, just a little bit over every two years.

56:50

Two daughters.

56:51

So you have some irony brats.

56:54

Yep, yeah.

56:56

You know, it I like to say it is hard because you change school so often as a kid.

57:01

But it also allows you to make friends quicker than other people can because you you can do it all.

57:06

Right.

57:06

Well, and the advantage that you have in that situation in more of the project other than people who are often doing the same thing, it's not very a couple times we lived across the street from the elementary school my youngest daughter was going to, which was really easy just to walk off the street.

57:29

So hopefully it continues to go.

57:44

So you're familiar with the north side.

57:46

I lived in a 500 block of Ash Street.

57:48

Okay.

57:49

And I want to our lady at Pompeii.

57:50

So I want I w it's a little kid.

57:52

I walked home for lunch.

57:55

Yeah, that's what we're doing.

57:56

I was uh in elementary school and then middle school.

58:02

My the schools were halfway between my house and my well, my house and my grandmother's house was halfway between.

58:10

So we stayed for school.

58:11

It was like three or four blocks.

58:13

We walked to my grandma's house, she make us breakfast.

58:16

Because my aunt was the same age as so we'd go there and have breakfast and then we go to school.

58:22

Oh, those are the good old days, huh?

58:24

Yeah.

58:26

And now the elementary school went to Heme Streets.

58:29

Now uh retirement home.

58:33

They converted it in the and St.

58:35

Matthews that my mother that's where my mother and her brothers and sisters went.

58:39

That they turned that school into a uh condo place and some of it's for affordable housing.

58:44

Oh, just reading something about that.

58:46

Yeah.

58:46

I don't agree with their definition of affordable housing because it was it was way more than it should have been.

58:54

Most people can't afford it.

58:55

Yeah.

58:55

No, I think it's a good idea.

58:56

It's it's over the the what's considered low income.

58:59

It's over that by probably 50,000.

59:02

Oh.

59:03

I was just reading this.

59:05

And Meg had told me they're uh my father was a quarter near She Home, so we were buying Knob Hill apartments quite a bit.

59:14

Month of December.

59:16

And I didn't realize what a mess.

59:18

My mother was living there uh until November of 23 because we bought our house and we were still in the the Washington DC at the time, and we I don't want an empty house.

59:30

So I told my mother she can move in there, she just pays utility, that's it.

59:33

And so she moved out of Knob Hill, and they were still having days without heat then.

59:37

Not as bad as it is right now.

59:38

Yeah, wow, that's you know, it's funny the article said you know, it was so nice back in the day.

59:44

It called they called it Snob Hill.

59:48

Oh, foreclosure too.

59:54

Well, you know, you get these companies, management companies or owners that are out of state, somebody out of the country.

1:00:01

And they just don't care.

1:00:06

And as it gets older and older, if you don't pay the money up keep them.

1:00:09

That's one thing I worry about the shopping town development, they're gonna do is I mean they're gonna have housing, and I it's gonna guarantee be some type of housing.

1:00:16

But you don't keep it up, then it's gonna become a little bit and does nobody any justice.

1:00:32

Sounds like uh a big problem for the new mayor to deal with this uh I was taking a course at SU and they the county executive came in and talked to us, and he had this big talking about affordable housing, they have all this stuff to work in.

1:00:47

So after we're looked it up online, even his own administration doesn't count like 90% of the projects he claims are gonna happen.

1:00:55

Because they haven't even gotten to the permitting phase.

1:00:58

And so many of them drop off, especially in Syracuse area.

1:01:01

Absolutely wrong.

1:01:03

And uh one of the big problems is the northern communities do not want to rezone.

1:01:08

And if you because they don't want this complex of people, which I can understand their feeling, but they they're gonna have to build somewhere.

1:01:15

So if they don't build something, their property is just gonna go skyrocketing.

1:01:21

You can't buy in there because they're so little.

1:01:24

So I was skeptical of that Hart Lyman deal for a long time.

1:01:37

One of the times I was we moved to Missouri, I just have to get married.

1:01:42

We got a three-bedroom single family home.

1:01:46

Um Missouri.

1:01:49

I feel like these one.

1:01:53

That was a we built one bills.

1:01:56

Oh, it wasn't the greatest amenities, and it was a dirt road up front, but still reasonable price.

1:02:02

It seems like uh and you know you're not gonna be there forever, yeah.

1:02:06

We actually closed on the cell the day before we were driving away.

1:02:16

So that's why the sheet uh yeah, all right.

1:02:18

Yeah I got you.

1:02:20

I just purchased two homes and else is good.

1:02:23

Because you move so often, it's hard to sell unless you want to become a landlord.

1:02:26

We really don't want it.

1:02:28

So we would just rent rent and rent.

1:02:31

It turned out it's much better, you don't worry about the maintenance and you get a little bit better house for a little bit cheaper money.

1:02:38

Did you want coffee?

1:02:39

I didn't ask.

1:02:43

Still got the uh that's what a lot of the military folks do, is you go move around to buy a house, go keep it and run it out.

1:02:55

They build up this whole portfolio of houses.

1:02:58

I have one person has family stayed in Houston, Texas, and he would move around all these assignments, and he are back to the house.

1:03:06

The only one coming is the other gale coming or less property.

1:03:10

Okay, just you check out.

1:03:13

All right, give us a minute.

1:03:14

Uh I think uh uh Ann is here.

1:03:20

Uh that's not coming.

1:03:23

All right.

1:03:24

Why don't you come on up and then we'll just kind of uh figure out what we're gonna do.

1:03:29

Oh Melanie.

1:03:30

Oh, okay, all right.

1:03:31

I'm sorry, I yeah, nope, that's fine.

1:03:37

Glad to have you, of course.

1:03:39

Um what I'll do is I'll swear you in.

1:03:47

I'm thinking what we've done in the past as you might remember, is uh uh read everything in.

1:03:58

Uh or actually maybe I would have you give an opening statement, read everything in, and then uh if there's something specific that has to be said about a particular one, of course.

1:04:11

I'm assuming I we can do it however you want.

1:04:14

If you want to do uh each one individually, that's okay too.

1:04:19

I that sounds great here.

1:04:21

I'll get this list there for you.

1:04:23

Uh oh, thank you.

1:04:25

Yes.

1:04:25

Um yeah, I think just grouping them all together.

1:04:28

Um and I can give an opening statement.

1:04:31

I'll keep it short.

1:04:33

Oh, that's fine.

1:04:34

No problem.

1:04:35

You take your time.

1:04:35

There's nobody nobody after uh this gentleman.

1:04:41

So no, the floor is yours, there's no problem there.

1:04:44

All right, so let's uh let's swear in.

1:04:46

If you could raise your right hand, state your name for the record.

1:04:49

Uh Nolan Kakoris with Bon Chenik and King.

1:04:52

You affirm to tell the truth and give accurate information to the best of your ability.

1:04:56

Yes, I do.

1:04:57

Okay, very good.

1:05:00

Um these are all the railroads and uh what would be helpful as I'm reading in if there are any that are in litigation, if you can let us know.

1:05:14

Are there uh they all are they all are?

1:05:17

All right, okay.

1:05:18

Well you don't have to let us know on each one, then that's okay.

1:05:23

Yeah.

1:05:23

Uh okay, fair enough.

1:05:25

So uh at least we know and uh all right.

1:05:28

So uh why don't you go ahead with your opening statement and then uh I'll I've got a question or two, then we'll read them in and go from there.

1:05:36

Okay.

1:05:37

Uh well thank you uh for the opportunity to uh be heard today and um for the good work you do as a board.

1:05:46

Um we represent as you know the uh New York Susquehanna and Western Railroad.

1:05:52

Um I'm all I'm okay.

1:05:56

Thank you though.

1:05:57

I appreciate it.

1:05:59

Um so the properties under review uh all contain railroad track, their uh railroad parcels in the city of Syracuse.

1:06:09

Um, New York state law, um the assessed value of railroads is uh uh set to a maximum dollar limit per jurisdiction per railroad company.

1:06:24

Um as with previous years, um this dollar figure is um a ceiling on the assessment.

1:06:35

It's uh the most that the properties can be assessed, but um the apart from that the city is still tasked with um valuing and assigning an assessed value to these properties as they would with other properties, meaning that um if the city determines that the full value of the properties is lower than the ceiling set by New York State, then uh by law it should assess the properties at what it determines to be the uh full market value.

1:07:10

Uh so with our assessment grievances this year, uh we've submitted a packet uh with various information on um the income received from the railroad properties uh along with tax returns and um you know other related documents uh in the I am seeing that in the packet um it was prepared by uh the president of the railroad.

1:07:42

Um he went through and uh identified what the uh various sources of income are um for the railroad company as a whole, and then um went through several different uh potential capitalization rates for that income, and um each of which would result in an assess or a a full market value that's um significantly lower than um the market value at which the properties are assessed this year.

1:08:16

Um relying on this income capitalization information, uh we believe that the assessed values of the properties uh collectively should be reduced to uh reflect the full market value that the income information submitted shows for the properties.

1:08:40

Uh as I mentioned before, these are all uh currently in litigation.

1:08:44

Uh we've got uh a couple years now of proceedings on these, so um these are all the same parcels that are involved in the um pending litigation.

1:08:59

Um do you want to say anything initially how the ceiling is looked at, um like um Nolan said the the state comes through and says uh the ceiling is X amount.

1:09:16

Anything over the ceiling that we currently have assessed is made exempt.

1:09:23

So this this you know they're still only paying the ceiling.

1:09:27

Um with that being said, I believe we're we are getting closer to to making a counter offer.

1:09:35

Um according to the commission.

1:09:38

But just I mean, I have a list of the Nolan, I don't know if you want to see this.

1:09:43

Um we we do match on the ceiling, and then everything in addition is exempt.

1:09:51

Uh I think the the issue more and more is just what the assessment should be.

1:10:00

I believe we we are getting closer to to making a counter offer um according to the commission but just I mean I have a a list of the No and I don't know if you want to see this um you know we we do match on the ceiling and then everything in addition is exempt uh I think the the issue more and more is just what the assessment should be so we are gonna make a counteroffer uh you know before the end of of the hearings just so the board knows um and uh uh just you know so the board knows and the railroad and um the firm knows that there will be some type of contact uh and we did put in a um there is a currently an ordinance to correct back in 20 the 24 roll so that is in the works um I I Melanie had sent that it wasn't the exemptions weren't there, but it's there, so that's why I gave you that.

1:10:42

Just so I wasn't because it is a little it is a little confusing as far as the ceiling and then the exemption and so but yes, uh you will there will be a counter offer.

1:10:55

But I just want the they are taxable for just whatever this the ceiling is of the four million so there are outstanding years prior to 2024.

1:11:11

Uh 2024 is the first year uh I believe.

1:11:19

So everything else was resolved.

1:11:21

Uh yeah, well apart from twenty-five.

1:11:24

Yes.

1:11:26

Thank you.

1:11:29

Okay, so this counter will be on twenty twenty-five.

1:11:34

Well, we'll figure that out, yes.

1:11:39

Okay.

1:11:40

Uh okay.

1:11:41

All right.

1:11:42

Uh so uh and I just ask a quick question.

1:11:46

In that I did not have a chance to look at those numbers.

1:11:50

Are the the properties with this is all of them so are the properties with the billboards is the income from the billboards in that uh financial statement?

1:12:02

Yes, so the um the billboard revenue is um is identified.

1:12:08

I think I forget um what they identify it as.

1:12:12

I think it's real property in so much.

1:12:14

So some of these properties have a billboard.

1:12:17

Which we remember from last year.

1:12:19

So um I think we're going into the direction of breaking out the billboards, so then the railroad can just say, okay, you know, uh Lamar, here's your bill for this billboard.

1:12:31

We just we have not done that.

1:12:33

Okay.

1:12:33

That is also part of the yeah, because I remember to make things easier.

1:12:38

Okay, so that has to come from you.

1:12:40

Correct.

1:12:40

Okay, because I remember we talked about that, and uh that was something that you guys definitely wanted to try to achieve so that yes, it would be easier just to uh uh say Lamar, you're responsible for this, so on and so forth.

1:12:56

So okay, all right, but that's something on your end.

1:12:59

Okay.

1:13:00

Um I'm sure these are uh in the order that's on the sheet.

1:13:08

Is that okay if we do it that way?

1:13:11

Yeah, no, no particular order preferences, so however you have them.

1:13:15

Okay, all right.

1:13:16

So what I'm gonna do is uh uh read each property off with some pertinent information as far as numbers are concerned, and uh we will take it from there.

1:13:32

Okay, so first property is 522 Renwick and uh sizer street.

1:13:52

Okay.

1:13:53

So this is uh ceiling railroad uh current tentative assessed value 22,400 with a land value of 22,400.

1:14:04

Um petitioner believes the fair market value is three thousand five hundred and eighty-four dollars with an assessed value of eighteen uh hundred and sixty-four dollars, just uh this first one just looking through the application and I think based on the thickness of you supplied one copy, which is good, you know, as far as uh what you submitted, and that's in this first file here.

1:14:45

Okay, and that's your stuff.

1:14:48

Yeah, these are just duplicates.

1:14:49

Okay, very good.

1:14:53

All right, then we have 339 woodland Av.

1:15:00

Uh this is a ceiling railroad, current tenative assessed value uh 508,600 with a land value of 508,600.

1:15:10

Uh current ten um uh petitioner believes the fair market value is eighty-one thousand three hundred and seventy-six dollars, and that is an assessed value of forty-two thousand three hundred and sixteen, and we have four twenty-five East Colvin Street, uh ceiling railroad, current tenative assessed value of four hundred and twenty-one thousand eight hundred dollars, land value four hundred and twenty-one thousand eight hundred dollars.

1:15:44

Uh petitioner believes the fair market value is sixty-seven thousand four hundred and eighty-eight dollars, and that would be an assessed value of thirty-five thousand ninety-four dollars.

1:16:01

Uh next property, four twenty East Colvin Street.

1:16:06

Uh Sealing Railroad, current tenant of assessed value of $40,200 for the land value of $40,200.

1:16:16

Um, the fair market value is $6,432, and that would be an assessed value of $3,345.

1:16:33

$229 East Brighton Avenue.

1:16:36

This is a ceiling railroad.

1:16:39

Uh current tenative assessed value $54,400 with a land value of $54,400.

1:16:47

Uh petitioner believes the fair market value is uh $8,704 with an assessed value of $4,526.

1:17:03

$300 East Brighton Avenue, Sealing Railroad, current tentative assessed value, $337,200.

1:17:12

Uh $337,200, uh little land value of $316,500.

1:17:21

Um so this is where the one of the billboards, I'm assuming.

1:17:25

Yeah.

1:17:26

Uh okay.

1:17:27

Uh petitioner believes the fair market value is $53,952, and uh the uh assessed value on that would be $28,055.

1:17:43

Uh $238 Ainsley Drive rear.

1:17:47

Uh this is a ceiling railroad.

1:17:49

Uh current tenative assessed value $2,700 with a land value of $2,700.

1:17:56

Uh petitioner believes the fair market value is $432.

1:18:00

That's an assessed value of $225.

1:18:09

$631 East Brighton Avenue.

1:18:15

Current tentative assessed value of $502,000 with a land value of $502,000.

1:18:21

Petitioner believes the fair market value is $80,320.

1:18:26

That would be an assessed value of $41,766.

1:18:36

We have $900 Montgomery Street.

1:18:40

Ceiling Railroad.

1:18:42

Current tenative assessed value $138,000 with a land value of $128,000.

1:18:51

Current tenant, I'm sorry, uh petitioner believes the fair market value is uh $22,080, and that would be an assessed value of $11,482.

1:19:13

$1,100 South State Street.

1:19:16

Ceiling Railroad, current tentative assessed value $171,000 with a land value of $150,000.

1:19:26

Petitioner believes the fair market value is $27,360 with an assessed value of $14,227.

1:19:40

$300 East Taylor Street.

1:19:43

Ceiling Railroad, current tenative assessed value, $168,000 for the land value of $150,000.

1:19:52

Petitioner believes the fair market value is $26,880.

1:20:00

And that would be an assessed value of $13,978.

1:20:12

$1212 South McBride Street.

1:20:16

Ceiling Railroad.

1:20:18

Current tenative assessed value $186,500 with a land value of $170,000.

1:20:27

Petitioner believes the fair market value is $29,840.

1:20:32

With an assessed value of $15,517.

1:20:44

Ceiling Railroad.

1:20:46

Current tenative assessed value $173,400.

1:20:57

Property owners estimate of fair market value $27,744 with an assessed value of $14,427.

1:21:16

Ceiling Railroad.

1:21:18

Current tenative assessed value $217,000.

1:21:22

For the land value of $170,000.

1:21:32

That would be an assessed value of $18,054.

1:21:40

$200-16 West Adams Street.

1:21:44

Ceiling Railroad.

1:21:46

Current tentative assessed value $283,300.

1:21:52

Land value $250,000.

1:21:57

Petitioner believes the fair market value is $45,328.

1:22:02

With an assessed value of $23,571.

1:22:11

Rule one West Adams Street.

1:22:15

Current tenative assessed value $922,000.

1:22:25

Petitioner believes the fair market value is $147,520.

1:22:33

And that's an assessed value of $76,710.

1:22:42

$802 South Salina Street.

1:22:46

Ceiling Railroad.

1:22:47

Current tenative assessed value $457,600.

1:22:56

Petitioner believes the fair market value is $73,216.

1:23:02

And the assessed value is $38,072.

1:23:11

$212 Southwest Street.

1:23:14

The ceiling railroad.

1:23:16

Current tenative assessed value, $151,000 with a land value of $126,000.

1:23:24

Petitioner believes the fair market value is $24,160.

1:23:29

That would be an assessed value of $12,563.

1:23:38

$223-29 Southwest Street.

1:23:46

Current tentative assessed value $5,700 with a land value of $5700.

1:23:54

Property owner's estimate of fair market value is $912.

1:24:00

That would be an assessed value of $474.

1:24:09

$101 Dickerson Street.

1:24:24

Estimate of fair market value for the petitioner is $10,704.

1:24:30

With an assessed value of $5,566.

1:24:41

Ceiling Railroad.

1:24:43

Current tentative assessed value $1,070,000.

1:24:47

For the land value of $870,000.

1:24:51

Petitioner believes the fair market value is $171,200.

1:24:57

And that would be an assessed value of $89,024.

1:25:06

$340 West Jefferson Street.

1:25:11

Ceiling railroad.

1:25:13

Current tenative assessed value of $424,000 with a land value of $270,000.

1:25:21

Petitioner believes the fair market value is $67,840.

1:25:26

And that would be an assessed value of $35,277.

1:25:36

$115 South Gettys Street.

1:25:42

Current tenative assessed value of $1,211,000.

1:25:47

For the land value of $1,161,000.

1:25:52

Petitioner believes the fair market value is $193,760.

1:25:58

That would be an assessed value of $100,755.

1:26:10

$1430 West Genesee Street.

1:26:17

Current tenative assessed value at $184,500.

1:26:22

Land value of $184,500.

1:26:26

Petitioner believes the fair market value is $29,600.

1:26:31

With an assessed value of $15,392.

1:26:42

$1037 West Hiawatha Boulevard Rear.

1:26:45

Ceiling Railroad.

1:26:47

Current tenant of assessed value $1,075,000.

1:26:51

With a land value of $700,000.

1:26:55

Petitioner believes the fair market value is $175,200.

1:27:00

That would be an assessed value of $91,104.

1:27:08

$1429 West Genesee Street.

1:27:25

That would be an assessed value of $14,394.

1:27:34

$1,008 Erie Boulevard West Rear.

1:27:38

Ceiling Railroad.

1:27:41

Current tenative assessed value $428,000 with a land value of $300,000.

1:27:48

Petitioner believes the fair market value is $68,480.

1:27:52

And that would be an assessed value of $35,610.

1:28:00

$112 South Geddes Street.

1:28:04

This is a ceiling railroad.

1:28:06

Furrent tentative assessed value $55,000 with a land value of $45,000.

1:28:12

Petitioner believes the fair market value is $8,800.

1:28:17

And that would be an assessed value of $4,576.

1:28:27

$116-18 South Gettys Street.

1:28:30

This is a ceiling railroad.

1:28:32

Current tentative assessed value of $140,600.

1:28:36

With a land value of $140,600.

1:28:41

Petitioner believes the fair market value is $24,048.

1:28:46

And that would be an assessed value of $12,505.

1:28:57

$1034 West Hiawatha Boulevard Rear.

1:29:02

This is a ceiling railroad.

1:29:06

Current tentative assessed value $5,300 with a land value of $5,300.

1:29:11

Petitioner believes the fair market value is $848.

1:29:16

That would be an assessed value of $441.1038 West Hiawatha Boulevard.

1:29:27

This is a ceiling railroad.

1:29:29

Current tentative assessed value is $7,800 with a land value of $7,800.

1:29:36

Petitioner believes the fair market value is $1,248.

1:29:41

That would be an assessed value of $649.

1:29:49

$1038 West Hiawatha Boulevard Rear.

1:29:54

This is a ceiling railroad.

1:29:55

Current tentative assessed value of $30,000 for the land value of $15,800.

1:30:02

Petitioner believes the fair market value is forty-eight hundred dollars.

1:30:06

And that would be an assessed value of two thousand four hundred and ninety-six.

1:30:13

That is property.

1:30:27

I believe we have them all.

1:30:29

Okay.

1:30:30

And and just to reiterate, they're all in litigate litigation currently, and the city uh is planning on uh having a counter offer while we're still in uh session.

1:30:43

And um so is there anything that you want us uh add, say in closing uh uh happy to turn the floor back over to you.

1:30:54

Uh nothing further to add.

1:30:55

Nothing further, okay.

1:30:57

And okay.

1:31:00

All right.

1:31:02

What was the capitalization rate you used for your assessed values?

1:31:07

Uh so ours was uh our claimed valuations and the grievances were based on the I think it was the nine percent capitalization rate.

1:31:16

It was the most conservative of the uh three that the railroad used in their packet.

1:31:24

Uh and what was the your value based on?

1:31:27

Was it best use, current use?

1:31:30

Exactly.

1:31:30

Yes, we haven't um reviewed these values we've spoken.

1:31:35

Um we have we had some meetings, that's why we're gonna, you know, counter offer in any other questions?

1:31:44

Uh just uh I guess for information purposes.

1:31:48

What criteria is used to determine the ceiling rate?

1:31:56

Uh so my understanding is that the uh state obtains an appraisal.

1:32:03

Um we haven't seen the appraisal, we've requested it and they claim no files are in their possession um responsive to our request.

1:32:12

So uh frankly, I'm not entirely sure.

1:32:16

Uh it's supposed to be based on an appraisal value of the properties, um, which is uh you know the current market value.

1:32:25

But as to how they reach their figure, um I'm not sure that anyone outside of the state knows.

1:32:31

So potentially there's a there's a correlation then between the ceiling rate and the assessment.

1:32:41

Yeah, in a perfect world, you know that that would be the exact market rate.

1:32:48

That's what it sounded like, but okay, thank you.

1:32:51

Yeah.

1:32:58

Okay.

1:32:59

Um well thank you very much for coming in.

1:33:05

Um you don't have any time frame on uh what have you reaching out to them.

1:33:10

Correct, yes.

1:33:10

Okay.

1:33:11

Yeah.

1:33:11

Uh so at some point uh while we're um uh either in session or deliberating or what have you.

1:33:19

Okay.

1:33:20

All right, that sounds great.

1:33:21

Thank you again for coming in.

1:33:22

Really appreciate your time.

1:33:24

Thank you for your time.

1:33:25

Yes, absolutely.

1:33:28

Absolutely.

1:33:30

Okay, yes.

1:33:30

Yeah.

1:33:45

Take care.

1:33:51

Well, you were talking earlier about whether you're gonna poison it.

1:33:56

I have more than one cup.

1:33:57

I I get a little too feisty.

1:34:04

So does Joe.

1:34:32

Okay, so I will turn these back over to Michelle.

1:35:04

Okay, that'll take care of uh uh everybody that was scheduled uh for today.

1:35:10

There was one petitioner that uh had some issues and is planning on rescheduling.

1:35:15

Um so other than that, uh thank you very much, and uh uh that'll close out uh today's session.

1:35:26

Yes, thank you.

Discussion Breakdown — Share of Meeting
Property Tax Assessment█████████████████████████████████████████████54%
Procedural█████████11%
Pending Litigation█████████11%
Affordable Housing████████10%
Miscellaneous█████6%
Transportation Safety███3%
Historic Preservation███3%
Property Disposition██2%
Summary of Proceedings

Syracuse City Board of Assessment Review Meeting - February 9, 2026

The Board of Assessment Review met on February 9, 2026, to hear two assessment grievances: a residential property at 104 Coffee Drive and multiple railroad parcels owned by the New York Susquehanna and Western Railroad. No formal votes were taken; the board expects to issue decisions after further review and a counter offer from the city.

Discussion Items

  • 104 Coffee Drive: This one-bedroom, 568-square-foot rental was purchased by the owner about ten years ago for $10,000 with no major improvements. The current tentative assessed value is $56,000 (full market value $107,692). The petitioner believes the assessed value should be $15,600 (full market value $30,000). City assessor Ann acknowledged the property is very small and that the city's commissioner Matt is familiar with the case. The board will confer with Matt and send a notice to the owner by the first week of April.
  • Railroad Properties: Nolan Kakoris, representing the New York Susquehanna and Western Railroad, presented grievances on over 30 parcels. Under New York law, railroad assessments are capped by a state-determined ceiling. The petitioner argues that the actual full market value, based on an income capitalization approach using a 9% capitalization rate, is significantly lower than the current tentative assessments. For example, at 522 Renwick and Sizer Street, the current assessed value is $22,400, but the petitioner claims a fair market value of $3,584 (assessed value $1,864). City assessor Melanie noted that the city is aware of the pending litigation on these parcels and indicated that a counter offer will be made during the hearing session. The board discussed the possibility of separating income from billboards on some parcels for future assessments.

Key Outcomes

  • No decisions were reached on either agenda item.
  • For 104 Coffee Drive, the city will confer with Commissioner Matt and notify the owner by early April.
  • For the railroad parcels, the city plans to issue a counter offer before the end of the hearing session. The parcels remain in litigation.

Meeting Transcript

City Board of Assessment Review. Today is uh Monday, February ninth. And um just want to remind everybody that uh the uh meetings are uh can be viewed live on YouTube and also you can go back and uh watch the recording of it as well. Um with that, let me just do uh roll call. Uh, my name is Joe Saya. Uh and uh we've got our first uh petitioner. Yeah, if you want to do you want to come up. Okay. State your name for the record. And Gallagher. Do you both affirm to tell the truth and give accurate information to the best of your ability? Yes. I do. I do. Okay, very good. Okay, so again, um we've got 104 coffee drive. And let me just read in some information and then uh we'll go from there. We got the petition uh here. Um this is a one-bedroom house. Let me just get a little information. Uh current tentative assessed value, $56,000. Um a big deal. We don't have land value on here. Does anybody have that? I do not do not have land, okay. Uh actually, to tell you the truth, there is no land values at all. Yeah, yeah. That would be uh, yeah, that would be good. Uh okay, very good. Um so we'll come back to that. Um there would be a full market value of 107 6 107 692 based on the uh $56,000 uh tentative assessment. Uh petitioner believes the assessed value uh should be $15,600 uh based on a $30,000 uh full value full market value. Uh let me just see if I can pick anything off here. Um over ten years ago it was purchased for ten thousand dollars. Um that's about it for the most part as far as what we have there, and so this is uh probably a rental for you, and so you bought it about ten years ago. Um major improvements? None at all. Okay, uh they haven't updated the kitchen or the bath, did uh put a little fence around it other than that. Okay, and so it you it's rented with uh just some particulars on there. Six and a quarter, six and a quarter, and then I assume they pay their own utilities. Okay, so six and a quarter, but it's a one-bedroom uh uh uh living room. Um when you come in is a kitchen, in the living room, and then the bedroom in the bath square footage. I don't even think it's over six hundred square feet. Okay. Yeah, we yeah, we have five sixty-eight. Five sixty eight real tiny place. Okay, the street is like a driveway. Coffee is like a driveway, and then you got my house on the right and another house on the left. Okay. Um was this uh uh reassessed.

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