Elliott Pollack Quoted on COVID-19's Impact on Commercial Property Values in Hartford Business Journal

Elliott B. Pollack, an attorney in Pullman & Comley's Property Tax and Valuation practice, provides a glimpse of the pandemic's impact on key real estate valuation metrics, after more than 30 Connecticut municipalities recently completed their five-year property revaluations.

Arriving at a property value requires a complex, technical analysis. Teasing out what the impact of various market forces has on the value of real estate can be a challenge even in the best of times,” Elliott said. Many of his clients have already received notice of higher valuations, which, barring successful appeals or mill-rate reductions, will almost certainly mean higher taxes.

The full article is available on the Hartford Business Journal website.