Market value growth slowed substantially in FY 2009. The total City-wide market value
of fully and partially taxable property reached $811.1 billion, only 1.9 percent higher than
FY 2008. Manhattan and Bronx market value growth remained positive in FY 2009
This report presents statistical information for tax year 2009 for the three New York City
business income taxes: the Banking Corporation Tax (BCT), the General Corporation Tax
(GCT), and the Unincorporated Business Tax (UBT).