rooftop wireless lease

by vinny

On a rooftop wireless lease, how to handle the property tax issue. Will the increase in income from the lease, effect the city tax assessment on the property?
Any strategies for that?
What does the building owner need in terms of additional insurance of the rooftop lease.

Comments for rooftop wireless lease

Average Rating starstarstarstarstar

Click here to add your own comments

Jan 02, 2017
Not advice, just our opinion
by: Stephen

You have to make sure especially in places like New York City that the carrier is responsible for paying all property taxes assessed to the telecom equipment within a specific time frame. If NYC does a reassessment on your building and the taxes go up $10,000 because of the cell tower, unless you have the right tax language incorporated into the lease, if and when Verizon contests the assessment you might end up floating Verizon a $10,000 interest free loan for a year while they duke it out with the city. Hope that helps.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Lease Forum.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements 
  • Tower lease extensions 
  • Cell site upgrades 
  • Small cell proposals 
  • Lease amendments 
  • Tower lease buyouts offers 
  • Rooftop lease buyout offers 
  • Rooftop cell site audits 
  • Lease Agreement defaults 
  • Cell tower valuations 
  • Rent reduction solicitations 
  • Lease optimization questions
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Lendlease Towers
  • Tillman Infrastructure
  • Black Dot, Md7, Lyle Company

Contact Tower Genius Today.


We Would Like to Hear From You!

Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.