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Albany County Board of Equalization denies SMBC Real Estate valuation appeal
Summary
The Albany County Board of Equalization denied a petition from SMBC Real Estate Holdings Company LLC to change the assessor’s 2025 valuation for parcel ID 16733323201600; the commissioners signed the decision and were reminded the parties have 30 days to file a notice of intent to appeal.
Hearing Examiner Josh Mercile announced on Oct. 1 that the Albany County Board of Equalization has denied SMBC Real Estate Holdings Company LLC’s petition to amend the Albany County Assessor’s 2025 valuation for parcel ID 16733323201600 at 756 North 3rd Street.
Mercile told the board that the written decision, which the commissioners reviewed and signed, concluded the petitioner’s arguments were “insufficient to overcome the presumption that the assessor did use a valid means to assess the property.” He…
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