Claudia Patagano critiques Grand Island housing assessment during community meeting

The Grand Island Town Board meeting held on April 21, 2025, featured a significant discussion regarding property assessments, prompted by resident Claudia Patagono. Patagono, a homeowner on Staley, expressed concerns about a substantial increase in her property assessment since her purchase three years ago. She indicated that while some increase was expected, the amount was excessive and did not align with a recent appraisal she obtained for a home equity loan.

Patagono highlighted that the current appraisals do not reflect the true market value of homes in Grand Island. She noted that despite fears of a potential housing market crash, property prices in the area remain high, with homes selling for well above market value. Her comments resonated with other residents who share similar concerns about the accuracy of property assessments.

The meeting underscored the ongoing dialogue between residents and the Town Board regarding property valuation and its implications for homeowners. The board acknowledged the feedback and indicated that they would consider the residents' concerns as they move forward with discussions on property assessments and market conditions in Grand Island.

Overall, the meeting served as a platform for residents to voice their worries about property valuations, reflecting broader trends in the local housing market. Further discussions and potential actions from the Town Board are anticipated as they address these pressing issues.