City News | Politics

Key component of legislation to repeal Columbia’s property tax exemption finds State Assembly sponsor

The bill, the REPAIR Act, is part of a legislation package that would revoke Columbia and New York University’s property tax exemptions and redirect the money to the City University of New York system.

By Tianqi Wang / Deputy Photo Editor

Columbia, New York City’s largest private landowner, saves $182 million annually on property taxes.

By Anamika Changrani-Rastogi • June 3, 2026 at 4:09 AM

Share