From Bloomberg October 13, 2021 Jason Grotto Photo of Christopher Berry Harris Public Policy Professor Christopher Berry was featured in Bloomberg, discussing his new research into regressive property taxes in New York City – the latest in his Property Tax Fairness project at the Center for Municipal Finance. "Independent property-tax experts have used sales-ratio studies to examine New York; one of the most recent found that flawed valuations for condos shift roughly $292 million in annual property taxes from the top 10% of such residences by value to the remaining 90%. The author, Christopher Berry, a professor at the University of Chicago’s Harris School of Public Policy, found an even larger such shift for single-family homes: $450 million," wrote Bloomberg. “It would be a huge wealth transfer, and that’s where I think the real obstacle to reform comes from,” Berry said. “There is a loud and clear message for places that are not New York: Get a handle on these problems before you reach the point New York has reached.” Full coverage available at Bloomberg. The Property Tax Fairness project also appeared recently in Chicago Agent Magazine. Upcoming Events More events Civic Leadership Academy 2026 Virtual Information Session Wed., July 16, 2025 | 12:00 PM Bridging Capital and Communities: Integrating Impact Investing, Real Estate Development, and Public Policy Thu., July 17, 2025 | 7:00 PM Harris Summer Mixer in Beijing Fri., July 18, 2025 | 6:00 PM Maison Flo 18 Xiaoyun Rd Chaoyang Qu Beijing Shi, 100027 China