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I was extremely surprised to find out that the post 15-yr abatement the property tax on a studio condo in a rather fringe location will rise from 30$/month to …700$/month. I understand that it should increase substantially, up to 10 times, but this is quite an increase. The broker maintains this is completely normal and i should not worry to ever have to pay that as there “will be new abatements” etc. Does such disproportionate increase means this condo is in a particularly unfavorable situation tax-wise? what drives the estimate for RE tax post-abatement? where can I turn for the information? Really appreciate your input!