Williams, Benjamin M.

Benjamin M. Williams joined Rosenberg & Estis, P.C. in 2018 and is a Member with the firm's Property Tax Department. Williams's practice focuses on property tax reductions and planning. He has represented thousands of clients in property tax appeals and at New York City Tax Commission hearings. He has a depth of experience in real estate tax projections for development, acquisition, leasing, financing and budgeting.

Williams has worked on Industrial and Commercial Abatement Program (ICAP),421-a, and not-for-profit exemption applications and projections.

Prior to joining Rosenberg & Estis, Williams was an Associate Attorney with Podell, Schwartz, Schecter & Banfield, LLP. Williams began his career valuing power plants, preparing purchase price allocation and cost segregation studies, and appraising machinery & equipment. 

Notable Work

• Argued thousands of cases at New York City Tax Commission hearings.
• Prepared property tax projections, often for financing purposes, of office, hotel, residential, retail.
• Industrial and Commercial Abatement Program (ICAP): tax projections and application filings
• Real estate tax escalation provisions in leases: projected taxes and advised prospective tenants of major properties, e.g. Hudson Yards, World Trade Center.
• Obtained tax class changes for predominantly residential properties with up to 10 units, bringing properties into more favorable tax classes with limitations on assessed value increases (e.g. tax classes 1, 2A, 2B, 2C).
• Obtained not-for-profit tax exemptions (420-a) for a newly constructed school, including a "contemplated use" exemption.
• Real Property Income & Expense (RPIE) filing: advised on how to complete the form, removed monetary penalties, cleared for Tax Commission hearings.
• Real estate tax opinion letters for condominium offering plans.