What is the common Nyc property tax split percentage
Hello, NYC commercial property landlord here...

Is it common for renters to pay a portion of the real estate property tax every year? for example 40%

I have a potential tenant who says that is not common because they dont own the building so they are fine with paying the 40% of the increase of the property tax but not share the responsibility of the whole bill. 

Is there any 3rd party source i can quote to show him that is how it works or am I wrong here?

Thanks in advance
[{"id": "hy3a745", "text": "On a NNN lease, the tenant always pays the tax bill. If it\u2019s a multitenant building then you\u2019ll typically see NNN + reimbursement leases, which just means that the tenant pays their NNN base rent and then are periodically billed for their pro rata share of CAM and taxes. \n\nI guess it comes down to the condition and generation of the building. If this is a fourth gen renter, you\u2019re probably gonna have to lease it on a modified gross basis", "replies": [], "depth": 1}, {"id": "hy3tcvj", "text": " I\u2019ve seen different variations, but most commonly the tenant signing a new lease is paying the increase in the real estate taxes, so if your tax bill is 100k and it goes up 5k, the tenant is reimbursing you that 5k.", "replies": [], "depth": 1}, {"id": "hy4a7r3", "text": "Base year taxes + increases on pro rata share. \n\nExample: tenant occupies 5000sqft in a 20k sqft building. Tenant responsible for 25%.", "replies": [], "depth": 1}, {"id": "hy5st72", "text": "If the building has multiple tenants a modified gross lease would have the real estate tax baked in for first year.  Tenant pays percentage of yearly RE tax increases every year.  Same with other expenses like building wide insurance, etc.\n\nLandlord and tenant can make it any way they want and it all depends on the exact wording of the lease but the dollars are going to work out the same at the end.", "replies": [], "depth": 1}, {"id": "hyap0ss", "text": "As shortsqueeze said its typically base year stop and pro rata beyond. Have also seen cpi based expense recovery increases as well as the \"porters wage\" which is unique to NYC", "replies": [], "depth": 1}]